Popular meme coins in the Robinhood ecosystem are broadly declining, with MEME dropping over 50% in the last 6 hours.

BlockBeats News, September 5 - According to GMGN market data, popular Meme coins in the Robinhood ecosystem have broadly declined, including:

· CASHCAT dropped over 19% in 24 hours, with market cap falling to $214 million;

· AI dropped nearly 5% in 24 hours, with market cap falling to $227 million;

· BONER dropped over 12% in 24 hours, with market cap falling to $42.69 million;

· microduck dropped over 28% in 24 hours, with market cap falling to $23.55 million;

· New coin MEME dropped over 50% in 6 hours, with market cap falling to $39 million.

Robinhood Chain reportedly experienced a suspected outage yesterday, but Arbitrum later issued a clarification stating that Robinhood Chain did not experience an outage today. Due to the impact of Blob behavior in the L1 market, Robinhood Chain saw delays in batch publishing, but transactions initiated directly by users were not affected by the delays.

Over the past 24 hours, Robinhood Chain saw a total capital outflow of $21 million, making it the largest net outflow entity of the day.

BlockBeats reminds users: Most Meme coins lack real-world use cases and experience significant price volatility. Please protect your assets and avoid FOMO.