Robinhood Chain Meme Tokens Surge Up to 13 Times After CEO Tenev Praises Meme Trading
Meme tokens on Robinhood Chain gained 5 to 13 times overnight after CEO Vlad Tenev stated the network supports meme trading. CASHCAT led the rally, rising 13 times on the day to reach a $110 million market valuation.
The price action prompted a rotation of speculative capital from Solana as traders shifted liquidity to the newly highlighted sector. Participants noted that overall cryptocurrency markets remain tight, with reduced retail participation contributing to a zero-sum trading environment.
From the sources (17 posts)
@thedefiedgeRobinhood's endgame is moving millions of users onchain without them ever knowing it. I dug through what's actually live on Robinhood Chain, and everything on it points the same direction: Stablecoins and tokenized stocks are dominating
@haydenzadamsAlready at a quarter billion in Uniswap volume on @RobinhoodCrypto chain, and it hasn’t even been a week Feels like the strongest early traction of a new chain since at least base
@tyler_did_itIt appears they're sending the CASHCAT token over on the Robinhood chain
@tyler_did_itAppears it was a very good day on Robinhood chain overall 🤣
@chainlinkgodRT @vladtenev: The future of crypto is in real-world assets.
@colethereumi was able to swap some ETH stables into cashcat on opensea in like 30 seconds so idk wat yall are all struggling with w @opensea
@frankdegodsRT @vladtenev: While we’re building robinhood chain to be the best chain for RWA … it works great for memes too
@haydenzadamsRT @vladtenev: While we’re building robinhood chain to be the best chain for RWA … it works great for memes too
@cointelegraph🚨 NOW: Robinhood CEO Vlad Tenev says, “The future in crypto is in real-world assets.”
@degeneratenewsNEW: @RobinhoodApp CHAIN DAILY DEX VOLUME SURPASSES $30M SOURCE: @DefiLlama -
@trustlessstateOh lawd here we go
@haydenzadams@yxn0_Sol @Uniswap @phantom you can download uniswap wallet and import your same phantom seed phrase and access the ETH on robinhood chain
@theblockcoTHE BLOCK: Robinhood CEO Vlad Tenev said the Robinhood Chain is being developed to be "the best chain for RWA" and great for memes. The Arbitrum-based Layer 2 went live on public mainnet earlier this month.
@degeneratenewsNEW: @RobinhoodApp DEFI TVL SURPASSES $100M SOURCE: @DefiLlama -
@tyler_did_itCASHCAT ran up another 4x overnight Now at $110M and up an insane 13x on the day
@tyler_did_itThe good day on Robinhood chain got even better overnight Many of the meme leaders ran up another 5-10x after Vlad Tenev posted that Robinhood Chain is "great for memes too"
@beaniemaxiSolana down because of memecoin rotation to Robinhood. There's literally no liquidity in crypto rn. The tiny bit of money left just goes from one hand to the other as new pnd narratives emerge driven by the same cabal. There's noticeably le