HMM Frenzy: Thinking Cat Price Skyrockets as Memecoin Rotation Continues
Robinhood Chain has seen significant trading activity on its decentralized exchange (DEX) in recent days, with memecoins accounting for nearly 80% of all volume. This trend continues as Thinking Cat (HMM) surges about 92% in the last 24 hours to $0.01711, reaching an all-time high of $0.02101 and a market capitalization of approximately $17.7 million.
This rapid price increase follows CASHCAT's breakout on the network, which has prompted traders to rotate into newer Robinhood Chain memecoins. The integration of memecoin trading with tokenized stocks is driving rising adoption and speculative demand in the crypto and DeFi ecosystem.