Meme coin ROBIN's market cap briefly surpassed $15 million, rising over 92% in 24 hours.

BlockBeats news, September 10, according to GMGN market data, the market cap of Robinhood on-chain Meme coin ROBIN briefly surpassed $15 million, now falling back to $12.62 million, up over 92% in 24 hours, with trading volume reaching $1.8 million during the same period.

ROBIN (Robin the Frog) is directly inspired by a real character from The Muppets: Robin the Frog = nephew of Kermit the Frog. This character also appeared in Muppet Robin Hood, directly tied to the Robin Hood story, with extremely high alignment with the Robinhood Chain narrative, and is called by the community "the Pepe of Robinhood Chain" or "the chain's native frog."

"The character existed first, the chain came later, timing connected them," focusing on community-driven, Sherwood (Sherwood Forest) themed Meme culture.

BlockBeats reminds users that Meme coins mostly lack practical use cases, prices are highly volatile, and investment requires caution.