Robinhood Co-founder Vlad Tenev personally hypes it up: MEME paradise!! The legendary MEME CASHCAT skyrockets 12x in 24 hours, breaking $100M! The new wave of 'on-chain gold rush' in the crypto world has fully erupted! Originally positioned as a compliant blockchain for RWA (Real World Assets) and tokenized stocks, this chain was turned into the hottest sensation in the crypto space within just one week of launch, thanks to a super project with its own 'historical lore'! On July 1, 2026, Robinhood officially unveiled its big move at a press conference in London—the launch of Robinhood Chain, an Ethereum L2 mainnet built on the Arbitrum Orbit tech stack. The undisputed leader of this chain is none other than CASHCAT (Cash Cat). The token surged from a $5M market cap to an insane 1208% increase (over 12x) in just 24 hours, with its market cap peaking at $130M. On July 8, Robinhood Co-founder and CEO Vlad Tenev posted on X, giving this on-chain frenzy an official stamp of approval: 'While we designed Robinhood Chain to be the best chain for RWA... it runs MEME coins just as smoothly.' This statement completely unleashed speculative enthusiasm on the chain, boosting retail investor confidence and sparking a frenzy. According to on-chain monitoring, a core whale (address 0xDE4C) invested just $838 in CASHCAT 20 days ago. With the recent surge, they’ve now secured over $1.05M in unrealized gains through partial cash-outs and retained positions, achieving an ROI of 1253x!