Robinhood Chain Meme Coin VRAX Market Cap Briefly Tops $8 Million, Up Over 143% Intraday

Odaily News: According to GMGN market data, the market cap of Robinhood Chain ecosystem meme coin VRAX briefly surpassed $8 million, now at $7.68 million, with an intraday gain of over 143%.

It is reported that VRAX was initially launched amid related discussions during the Robinhood Summit, and previously underwent a significant correction, with its price once dropping by approximately 99%. Robinhood CEO Vlad Tenev mentioned the token twice during an X platform Q&A event. Trader Bonk Guy previously stated that as early concentrated holdings gradually exit, VRAX is expected to benefit from the next round of increased activity in the Robinhood Chain ecosystem.

Odaily reminds readers that meme coin prices are highly volatile and susceptible to market sentiment and trending events. Please be aware of trading risks.