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Memecoin shenanigans spill into Nasdaq as microcap mushroom seller Farmmi surges 350%

The Block·September 2, 2026·1 min read
Memecoin shenanigans spill into Nasdaq as microcap mushroom seller Farmmi surges 350%

Farmmi (FAMI) surged 350% on Nasdaq with over 720 million shares traded, nearly 90 times its daily average, before quickly correcting. The microcap mushroom seller's extreme volatility highlights memecoin-style trading dynamics spilling into traditional equities, drawing attention to speculative behavior in stock markets.

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