
A crypto trader invested about $85 in the meme coin CASHCAT on the Robinhood Chain and saw its value soar to over $2 million after the chain's public launch and CEO Vlad Tenev's endorsement of meme coins. The Robinhood Chain, focusing on tokenizing traditional finance products, has attracted significant capital and trading volume, boosting CASHCAT's market cap to nearly $157 million. The meme coin's future growth depends on the Robinhood Chain's momentum and exchange listings, with potential to rival top meme coins on other blockchains.