On September 2, shares of Chinese agricultural supplier Farmmi went vertical on Nasdaq, skyrocketing more than 300% in a single session—from $0.1187 at the previous close to $0.50. The wild move hit right as traders piled into the JINQIAN meme coin and the FAMI token on Robinhood Chain.

Farmmi's Stock Pops Off

This intraday surge saw Farmmi stock triple from its last closing price, leaping from $0,1187 to as high as $0.50. Farmmi is known as a major Chinese agri-products supplier, with its shares listed on Nasdaq.

The JINQIAN and FAMI Robinhood Chain Connection

The explosive action in Farmmi's shares happened to line up with the frenzy around the JINQIAN meme coin and the FAMI token on Robinhood Chain. With both traditional stocks and on-chain speculative assets catching fire at the same time, traders started buzzing again about the overlap between legacy markets and crypto hype. For now, though, it looks like the timing was just a coincidence—not a direct link between Farmmi's pump and the on-chain action.