Robinhood Chain meme coin BUN market cap breaks through $37 million, hitting a record high.

BlockBeats news, September 10th, according to GMGN data, Robinhood on-chain Meme token Bundle Cat (BUN) market cap broke through $37 million, hitting a historic high, with a 24-hour increase of 98% and a trading volume of $1.5 million.

Bundle Cat (BUN) is the mascot and first experimental coin of Mosh, which is an experimental token issuance rule set on Robinhood Chain that has not yet fully launched, and Bundle Cat (BUN) is its first trial run. Mosh is a protocol layered on top of the Robinhood Chain launch platform, focusing on the fair launch narrative of "community lock-up + AI market making". Note: This token is not equivalent to a finalized governance coin, and whether it will be officially endorsed remains to be seen; investors should be aware of the risks.

BlockBeats reminds users that Meme coins mostly lack practical use cases and have high price volatility, so investment requires caution.