ROBIN, an on-chain meme coin (community-driven crypto token) associated with Robinhood Chain, briefly exceeded a $15 million market capitalization before retreating to $12.62 million, according to GMGN market data cited by BlockBeats on Sept. 10. The token gained more than 92% over 24 hours, while trading volume reached $1.8 million. Its branding centers on Robin the Frog from The Muppets, identified in the source as Kermit the Frog’s nephew, and the character’s appearance in Muppet Robin Hood. That connection supports the project’s Sherwood Forest-themed, community-driven meme narrative, with users describing ROBIN as Robinhood Chain’s Pepe or its native frog. BlockBeats cautioned that meme coins often lack practical use cases and can be highly volatile.