Robinhood Meme Token TENDIES Surges 422% in 24 Hours, Hits $17M Market Cap

According to BlockBeats, citing data from GMGN, Robinhood-based Meme token TENDIES reached a market capitalization of $17 million on July 16, surging 422% in the past 24 hours. The token recorded $6 million in 24-hour trading volume.

TENDIES derives its name from a popular internet slang term used by retail traders and Reddit communities, representing the phrase "tendies" (chicken tenders), symbolizing grassroots celebration after making profits.

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