BONER memecoin corners 81% of tokenized HIMS supply on Robinhood Chain, triggering onchain float squeeze

A memecoin called BONER has accumulated 81% of the tokenized HIMS stock supply on Robinhood Chain, effectively creating a float squeeze for a real-world equity token using the oldest trick in the memecoin playbook: being absurd enough to attract capital. The pairing, which pits a joke token directly against tokenized shares of Hims & Hers Health, has generated $5.9 million in tokenized stock volume. That figure represents 67% of the entire $8.7 million in real-world asset volume on Robinhood Chain as of late July 2026. How a memecoin ate a stock token’s float Robinhood Chain launched its mainnet on July 1, 2026, built on Arbitrum technology to enable around-the-clock trading of tokenized US stocks and other real-world assets. HIMS was added to the chain in a July 28 expansion, giving traders access to tokenized shares of the telehealth company. BONER launched as a trading pair directly against the HIMS token, marketing itself with the tagline “Paired with HIMS. Hard money.” The mechanics are straightforward: when someone buys BONER, they’re depositing HIMS into a liquidity pool. When enough people buy BONER and hold, the HIMS tokens sit locked in those pools instead of being av...