CASHCAT Memecoin Pumps 1100% After Robinhood CEO’s X Tweet CASHCAT Memecoin Pumps 1100%. After Robinhood CEO’s Endorsement
The post CASHCAT Memecoin Pumps 1100% After Robinhood CEO’s X Tweet CASHCAT Memecoin Pumps 1100%. After Robinhood CEO’s Endorsement appeared on BitcoinEthereumNews.com. A new memecoin, CASHCAT, has pumped more than 1100% within 24 hours after Robinhood CEO’s endorsement for memecoins. It has tapped a market cap of over $150 million and a price of more than $0.15 in just 1 day after launch. It launched as the mascot of the Robinhood app, but it has now become the first major memecoin story on Robinhood since the chain’s launch on July 1st. Robinhood Chain started with real-world assets, on-chain finance, and analytics. Later it also launched Trump Accounts for retail. Memecoins were not on the list. Then, the Robinhood CEO Vlad Tenev made a public post saying, “Robinhood Chain will be the best chain for RWA, but it’s great for memes as well” and also followed CASHCAT’s official X account. That one catalyst changed the direction of the memecoin. One Trader Made $1.6M From an $86 Investm