Robinhood chain Meme coin CASHCAT's market cap surpasses $100 million, surging over 12x intraday

Odaily reports, according to GMGN market data, Robinhood chain Meme coin CASHCAT's market cap has exceeded $100 million, now reported at $105.3 million, with an intraday increase of over 12 times.

Odaily reminds that Meme coin prices are highly volatile, primarily driven by market sentiment and trending events, and lack actual value backing. Investors should be aware of the risks.