[Robinhood On-Chain Meme Token PIPEDOG Reaches $74.5 Million Market Cap Within 4 Hours of Launch] BlockBeats News, July 29: According to GMGN data, the on-chain Meme token PIPEDOG (Pipeline Dog) on Robinhood reached a market cap of $74.5 million within 4 hours of its launch, with a trading volume of $34.8 million. BlockBeats reminds users that Meme tokens often lack practical use cases, exhibit significant price volatility, and require cautious investment.