The Robinhood Chain meme coin COPPERINU reaches a $10 million market cap within two hours of launch.

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On-chain data shows that the Robinhood chain meme token COPPERINU reached a $10 million market cap within two hours of its launch on August 29, before declining to $8.98 million. Trading volume exceeded $5.7 million. The developer transferred 40% of the tokens to crypto KOL Him, who plans to introduce staking, claiming, and burning features, along with community airdrops. Inspired by a joke tweet from Cobie in January, COPPERINU follows a similar on-chain analysis pattern to a previous SOL chain meme token. Him, a top holder, is regarded as a central figure in the project’s narrative. The token remains highly volatile, and investors are advised to proceed with caution.

ChainThink reports that on August 29, according to GMGN market data, the Robinhood chain meme coin COPPERINU surpassed a $10 million market cap two hours after launch, then retreated to $8.98 million, with trading volume exceeding $5.7 million.

The token developer transferred 40% of the tokens to the wallet of crypto KOL him. Him subsequently publicly stated plans to develop the token with staking, claiming, and burning functionalities, and to allocate a portion for community airdrops.

COPPERINU was inspired by a tweet from crypto KOL Cobie in January, who jokingly said that trading real commodities like copper doesn't have to worry about "Copper Inu" stealing the spotlight.

Previously, he led the spread of the similar meme coin COPPERINU on the SOL chain and is regarded as the top holder and primary narrative driver for this theme. The token's price is currently highly volatile; investors should be aware of the risks.

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