FAMI, a meme coin in the Robinhood Chain ecosystem, briefly crossed a $30 million market cap, reaching a high of $30.99 million before easing to about $29.1 million. The token is up more than 452.5% on the day. The move comes as Nasdaq-listed Farmmi (FAMI) shares surged, though it is not confirmed that Farmmi is directly tied to trader Rune’s recently disclosed plan to tokenize a Nasdaq low-market-cap stock and launch a paired meme coin on Robinhood Chain. The narrative has not been officially confirmed, and the token remains highly volatile.