Robinhood

Cash Cat

<p>Cash Cat (<a href="https://x.com/search?q=%24CASHCAT&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$CASHCAT</a>), the dominant memecoin on Robinhood Chain, has surged 108% over the past seven days and posted a new all-time high of $0.2288, per TradingView data. The token added another 52% in the 24 hours leading up to the record, an unusually sharp move even by memecoin standards, and one that came against a backdrop of broader market weakness.</p><p>CASHCAT's market cap now stands near $215.7 million, according to CoinGecko, making it the largest memecoin on the network by a wide margin.</p><h2 id="a-memecoin-built-on-a-piece-of-startup-history">A Memecoin Built on a Piece of Startup History</h2><p>The token's name is rooted in Robinhood's own origin story. Back in 2010, Robinhood co-founders Vlad Tenev and Baiju Bhatt used CashCat as a working name for their trading startup before settling on the Robinhood brand, a detail that surfaced in a New Yorker profile and circulated among startup history enthusiasts for years. When Robinhood Chain launched, community developers deployed a token using that discarded name on the new network. The project claims no official affiliation with Robinhood.</p><p>Robinhood Chain launched on July 1, 2026, as an Ethereum Layer 2 built on Arbitrum technology, positioning itself as a platform for real-world assets and tokenized stocks. What came as a surprise was the explosion of memecoin activity, headlined by CASHCAT's breakout success. Memecoins now account for 79.2% of Robinhood Chain's DEX volume as of late July.</p><h2 id="robinhood-lists-the-token-rally-follows">Robinhood Lists the Token, Rally Follows</h2><p>Robinhood officially listed $CASHCAT on August 6, 2026, in the Robinhood app and Robinhood Legend, the platform's advanced trading interface. The listing marked an unusual step for a weeks-old community memecoin, bringing it into Robinhood's mainstream brokerage product. To be clear, a listing means Robinhood made the token tradable, not that it created, endorses, or vouches for it.</p><p>The latest leg higher continues a trend that began at launch. Fake accounts and cross-chain copies of the token have emerged since its initial surge, and investors are being urged to verify contract addresses before transacting. The token's sharp gains also serve as a reminder of how quickly sentiment can shift in the memecoin space, with price and market cap figures that can move materially within hours.</p><p><strong>Sources</strong><br><a href="https://finance.yahoo.com/markets/crypto/articles/cash-cat-token-surges-4-133849768.html" rel="noopener noreferrer nofollow">Yahoo Finance: Cash Cat Token Surges and Hits $200 Million Market Cap</a><br><a href="https://fortune.com/crypto/2026/07/13/robinhood-chain-memecoin-trading-cash-cat-vlad-tenev-crypto/" rel="noopener noreferrer nofollow">Fortune: Memecoin traders flock to Robinhood blockchain</a><br><a href="https://www.coingecko.com/learn/robinhood-chain-built-for-rwa-loved-for-memes" rel="noopener noreferrer nofollow">CoinGecko: Robinhood Chain, Built for RWA, Loved for Memes</a></p>

Cashcat Just Hit a New All-Time High

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