CASHCAT Keeps Surging, Breaking Through $68 Million, Up Over 718% in 24 Hours

BlockBeats News, July 8th, according to GMGN monitoring, the Robinhood on-chain meme token CASHCAT's market cap continued to rise, surpassing $68 million, with a 24-hour surge of over 718%.

The early mascot of the Robinhood stock trading app was CASHCAT, later renamed Robinhood. On July 1st this year, Robinhood launched its proprietary L2 chain, Robinhood Chain, focusing on on-chain finance and RWA.

BlockBeats reminds users that meme coins often have no practical value and their prices are highly volatile, so trading should be cautious.