CASHCAT jumps 120% in a week as Robinhood Chain hits $774 million of value locked
The memecoin that defined the chain’s debut has recovered to an $86 million cap. Tokenized assets, the chain’s stated purpose, sit at $27.6 million.
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Summary
- CASHCAT, a cat-themed memecoin on Robinhood Chain, more than doubled in a week to about 8.7 cents. It remains well below its mid-July peak of roughly 22 cents.
- Even as launchpad activity and many early tokens have faded, Robinhood Chain’s total value locked has climbed to about $774 million and tokenized real-world assets to $100 million, with CASHCAT alone worth roughly 85% of those assets’ value.
- The token is still the deepest/most liquid memecoin pool on the chain.
