Robinhood Chain meme coin TENDIES surpasses $20M market cap with a 64% 24-hour surge

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On-chain data shows that the Robinhood chain meme token TENDIES has surpassed a $20 million market cap, rising 64% in 24 hours with $2 million in trading volume. TENDIES, inspired by the "tendies" meme celebrating retail investors’ gains, continues to attract attention. On-chain analysis reveals strong short-term buying momentum. Meme coins remain highly volatile and sentiment-driven, and investors are urged to proceed with caution.

ChainThink reports, according to GMGN market data, Robinhood’s on-chain meme token TENDIES has surpassed a market cap of $20 million, with a 64% increase over the past 24 hours and a trading volume of $2 million.

TENDIES comes from the internet meme "tendies" in the U.S. retail investor and Reddit communities, referring to the practice of celebrating profits by going home to eat chicken nuggets. Meme coins are highly volatile and primarily driven by market sentiment and hype; investors should be aware of the risks.

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