BlockBeats news, August 29: According to GMGN market data, the Robinhood chain meme coin COPPERINU reached a market cap of $10 million within two hours of listing, then declined; it is now trading at $8.98 million, with trading volume exceeding $5.7 million.
On the news front, the token's developers transferred 40% of the tokens to the wallet of crypto KOL him. Him subsequently publicly stated that he is willing to develop the token into one with staking, claiming, and burning functionalities, and is open to using this portion of tokens for community airdrops.
The COPPERINU meme originates from a tweet by crypto KOL Cobie in January, in which he jokingly said that trading real commodities like copper doesn’t require worrying about “Copper Inu” stealing attention or people constantly launching new “copper-themed” tokens on Pump.fun. The crypto KOL him previously led the spread of the COPPERINU meme coin on SOL and is regarded by the community as the top holder and primary driver of this narrative.
BlockBeats reminds users that the prices of related tokens are highly volatile; please invest with caution.

