Robinhood CEO Endorses Own Chain for Memecoins, $CASHCAT Surges 370%

Robinhood CEO Vlad Tenev endorsed the company's own blockchain as suitable for memecoins, triggering a 370% surge in the $CASHCAT token. The token's market capitalization jumped to $70 million following the statement. $CASHCAT is an early project on the Robinhood chain.

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