Artificial Inu drops over 18%, CASHCAT over 18% in 24 hours

  • Artificial Inu and CASHCAT each fell more than 18% over 24 hours.
  • CASHCAT’s market cap reached $236 million, with $50.2 million in trading volume.
  • Robinhood Chain activity recovered after a brief outage, but GMGN warned of instability.

Artificial Inu (AI), a Meme coin in the Robinhood Chain ecosystem, fell more than 18% over 24 hours, while CASHCAT dropped more than 18%, according to GMGN market data reported by BlockBeats on Sept. 5. Their previously reported market caps were about $194.1 million and $226 million, respectively, while the latest data put CASHCAT’s market cap at $236 million and its 24-hour trading volume at $50.2 million. GMGN warned that the Robinhood Chain was unstable and that data and transactions could be delayed. The network had briefly gone down the previous day, but network activity had since recovered. BlockBeats and Odaily cautioned that Meme coins typically have limited practical use and can be highly volatile, urging traders to manage their assets and avoid FOMO.

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