GME Tokenized Stock on Robinhood Crypto Hits 10x Premium on July 23, Makers Continuously Mint

GME-1.15%
According to BlockBeats, on July 23, GME tokenized stock on Robinhood Crypto reached approximately 10x premium versus real stock price amid surging trading activity. The underlying liquidity pool, with only $200,000 in size, saw rapid price deviation due to heavy buy pressure. Official Mint addresses are continuously increasing token supply and replenishing liquidity to the market, with on-chain data showing new Mint transactions occurring roughly every minute to narrow the premium and realign price with true value.
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