3 Meme Coins to Watch on Robinhood Chain
Robinhood Chain processed more than $1.06 billion in decentralized exchange (DEX) volume over 24 hours, its first billion-dollar day. Three meme coins drove much of that activity.
The network launched on July 1 to host tokenized stocks. Two months later, speculative tokens and the launchpads minting them account for most of its traffic.
Robinhood Chain Volume Sets a Record Above $1 Billion
Dune data shows the chain's daily DEX volume peaked near $800 million during its July launch week. Activity then bled away through August, bottoming between $150 million and $200 million.
The recovery began around Aug. 21. Volume has climbed almost vertically since, passing the $874.8 million record set on Aug. 30.
That timing matters. PONS, AI, and CASHCAT all broke out of long consolidations inside the same 72-hour window. That window ran roughly Aug. 21 to Aug. 24, which makes the coins and the volume recovery one event rather than two.
… Continue reading the full article at the original source below.
