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'Money Mushroom' Moved A Nasdaq Penny Stock, But Its 'Tokenized Stock' Is A Memecoin Too | The Defiant
Shares of Farmmi, a Chinese supplier of dried mushrooms and bulk farm commodities listed on the Nasdaq Capital Market, traded as high as $0.50 on Wednesday from Tuesday's $0.1187 close, after a memecoin named for a mushroom variety in the company's own annual report began trading against its tokenized shares on Robinhood Chain.
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theblock.co
Memecoin shenanigans spill into Nasdaq as microcap mushroom seller Farmmi surges 350%
FAMI quickly corrected while the stock saw more than 720 million shares traded — nearly 90 times more than its daily average.
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thedefiant.io
'Money Mushroom' Moved A Nasdaq Penny Stock, But Its 'Tokenized Stock' Is A Memecoin Too | The Defiant
Shares of Farmmi, a Chinese supplier of dried mushrooms and bulk farm commodities listed on the Nasdaq Capital Market, traded as high as $0.50 on Wednesday from Tuesday's $0.1187…