The token briefly surpassed a $13 million market capitalization and was trading around $12.71 million, up more than 352% on the day.

ChainCatcher notes that the token’s story centers on the open-source AI robot Microduck, which grew from the Open Duck Mini community project and was productized with support from Hugging Face.

Microduck is priced at $399 and includes a camera and LiDAR sensor. It offers an open-source SDK and training tools, can learn actions through reinforcement learning, and is presented as a low-cost, customizable AI pet concept. Community participants describe it as a blend of physical AI, open-source robotics, and animal-themed meme narratives.