Memecoins on Robinhood Dominate Over Tokenized Stocks: They Even Have Shiba Inu's (SHIB) Rival

Robinhood Chain has seen over 307,000 daily active addresses and 3.53 million transactions, with memecoins dominating activity and exceeding tokenized stocks in trading volume, led by Cash Cat with a $46.5 million market capitalization. Artificial Inu, a rival to Shiba Inu, has also gained traction with an $11.6 million market capitalization. Daily trading volume for memecoins reached $474 million.