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Robinhood’s Cat Token Surprises All | Bitcoin and Crypto News

Robinhood’s Cat Token Surprises All | Bitcoin and Crypto News

Published 2 days, 12 hours ago
Description

Robinhood’s new blockchain launched with a surprise hit: a cat-themed meme token called CASHCAT, which surged hundreds of percent in days, netting top wallets nearly $3.7 million. Though Robinhood calls it “fan fiction” built by outsiders, CEO Vlad Tenev ironically embraced the trend, praising its meme-fueled success while still touting the chain’s real-world asset potential. With Pump.fun now supporting Robinhood Chain tokens, the platform’s early momentum hinges on speculative trading — a far cry from its promised tokenized stocks, but a win for fast-moving, viral adoption.

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