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Woofun AI reports that Robinhood Chain meme coins underwent a broad sell-off, with flagship token CASHCAT declining 12% to a $138 million market cap.
Concurrently, HOODRAT and JUGGERNAUT fell by more than 25%. In contrast, utility-focused assets appreciated; INDEX rose 160% to a $7.36 million market cap, citing plans to use fees for on-chain stock distributions. Native DeFi token ARROW also increased 47.56%, reaching a $22.43 million valuation.