Robinhood Chain Sees $560M DEX Volume as Cash Cat (CASHCAT) Meme Coin Frenzy Explodes

Robinhood Chain is experiencing its first major wave of speculative trading just one week after launch, fueled by the rapid rise of the Cash Cat (CASHCAT) meme coin. According to Dune Analytics, decentralized exchange (DEX) trading volume on the network surged to a record $560 million in a single day. The activity also drove significant user growth. Nearly 16,000 new tokens were created within 24 hours, while the number of active wallets climbed to approximately 200,000. Data suggests that many of those wallets completed their first-ever transaction on the Robinhood Chain. The rally gained…  Read more

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