TENDIES Blasts Past $20M Market Cap on Robinhood Chain
TENDIES, a meme coin on Robinhood Chain, has seen its price surge by approximately 64% in just 24 hours, pushing its market capitalization above $20 million. The token's value now stands at around $0.0205, with a fully circulating supply of 1 billion tokens.
Robinhood Chain, an Ethereum Layer-2 network launched on July 1, 2026, has attracted intense speculative interest through meme coins rather than its original focus on tokenized stocks. Data from CoinGecko shows that TENDIES is trading near $0.0205, with a 24-hour trading volume exceeding $2.2 million and ranking around #776 by market cap.
The recent performance of TENDIES illustrates how meme-driven narratives can generate substantial short-term liquidity and attention on new blockchain networks. The token's price action has been driven largely by community recognition of its cultural reference, which taps into nostalgia for the 2021 retail trading episodes involving GameStop and other heavily shorted equities.