CoinDesk·4 min read·hard
CASHCAT jumps 120% in a week as Robinhood Chain hits $774 million of value locked
S
Shaurya Malwa
✦AI Summary
The memecoin CASHCAT has seen a significant price surge amid a broader ecosystem growth on the Robinhood Chain, which now holds $774 million in total value locked. Despite the success of some assets, many other tokens launched on the chain have failed or gone dark.
CASHCAT trades near 8.7 cents , up 22% in the past 24 hours, with a market cap around $86 million on $9 million of daily volume. However, that is still well short of the roughly 22 cents it reached in mid-July.
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