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Torch Token Reaches $14.75 Million Market Cap on Robinhood Chain

Its market capitalization rose 80% over 24 hours, while trading volume totaled $1.9 million.

A copper token with a flame relief stands on stone. / TokenPost.ai
A copper token with a flame relief stands on stone. / TokenPost.ai

Torch (TORCH), the token of a trading and token-launch platform on Robinhood Chain, reached a $14.75 million market capitalization after its market value rose 80% over 24 hours.

Trading volume totaled $1.9 million during the same period. The 80% change describes the increase in market capitalization.

Torch offers tools for trading and issuing tokens. The platform also provides rewards linked to user activity. TORCH is the platform’s own token on Robinhood Chain.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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