BUN Surpasses $28 Million Market Cap in Just 19 Hours Since Listing, Reaching an All-Time High, with a Trading Volume of $10.2 Million

BlockBeats News, September 3rd, according to GMGN data, the market cap of Robinhood's on-chain Meme token Bundle Cat (BUN) surpassed $28 million to hit a new all-time high, with a trading volume of $10.2 million within 19 hours of launch.

Bundle Cat (BUN) is Mosh's mascot and the first experimental coin. Mosh is an issuance rule experiment on the Robinhood Chain that has not yet been fully launched. Bundle Cat (BUN) is its first trial run. Mosh is a protocol layer built on top of the Robinhood Chain launchpad, focusing on the narrative of "community staking + AI market making." Note: This token does not equate to a finalized governance token. Official endorsement is still pending, and investors should be aware of the risks.

BlockBeats reminds users that Meme coins often lack practical use cases, experience significant price volatility, and investments should be made with caution.