Memecoin BONER has accumulated 81% of the tokenized HIMS stock supply on Robinhood Chain, creating a float squeeze for this token representing real-world equity. This memecoin paired directly with tokenized Hims & Hers Health shares has generated $5.9 million in volume, accounting for 67% of the $8.7 million total real-world asset trading volume on the chain. The mechanics are straightforward: each BONER purchase locks HIMS tokens into liquidity pools, dramatically reducing the supply available for normal trading. If BONER’s price crashes, HIMS tokens could be released rapidly, creating a supply glut that would push the tokenized stock’s price below its traditional market equivalent.
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