In a recent market downturn, the popular coin <strong>Bullcoin</strong> plummeted below $100 million, while the Robinhood Chain saw relative strength only in <strong>PONS</strong>.

BlockBeats News, August 31st. This morning, the crypto market experienced a sharp downturn, with weekend's hot altcoins quickly retracing.

According to GMGN data, the BSC meme coin "Bullish" saw its market cap drop below $1 billion, now standing at $98.82 million;

The Robinhood Chain saw a more intense pullback, with only PONS and CASHCAT showing relative strength. PONS, after reaching a new all-time high of $400 million early this morning, has now retraced to $321 million, while CASHCAT briefly dropped below $200 million, now at $201 million.

The meme coin Microduck's market cap fell to $14.67 million, with a 24-hour drop of 18.2%;

AI's market cap dropped to $89.53 million, with a 24-hour drop of 20.82%;

NET's market cap dropped to $64.31 million, with a 24-hour drop of 37.21%;

Furthermore, the Robinhood Chain's new DeFi protocol, STATICS, has seen a remarkable rise, with a market cap exceeding $40 million after 3 days of trading, representing a 455% increase in the last 24 hours.