Robinhood Chain Meme Token BUN Briefly Tops $110 Million Market Cap
Bundle Cat rose 57.2% in 24 hours to a record market capitalization before retreating to about $109 million, with trading volume near $2.9 million.
Bundle Cat (BUN), a meme token on Robinhood Chain, briefly surpassed a $110 million market capitalization, setting a new record as the project behind it remains in an unfinished launch phase.
BUN later traded at a market capitalization of about $109 million. The token was up 57.2% over 24 hours, with trading volume of approximately $2.9 million.
BUN serves as the mascot and first trial run for Mosh, a token-launch rules experiment layered on Robinhood Chain’s launch platform that has not fully launched. Its proposed model combines collective token locking with artificial-intelligence market making.
The token is not a finalized governance token, and whether BUN has official backing remains unclear. Mosh’s status also remains incomplete.
BUN’s market capitalization reached $28 million 19 hours after its Sept. 3 launch and later exceeded $37 million on Sept. 10. The latest record is higher than both earlier levels, despite lower volume than the $10.2 million recorded 19 hours after launch.
The move extends Bundle Cat’s earlier market-cap gains on Robinhood Chain as meme-token activity continues to draw attention on the network.
