A Solana-based memecoin (cryptocurrency inspired by internet culture) identified by the address HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR surged 500% in 24 hours to reach a reported $140 million market capitalization. The move prompted speculation over whether memecoin liquidity is beginning to shift from Robinhood toward Solana. The token was described as the second-largest cat-themed memecoin, behind Robinhood’s $CASHCAT.