The launchpad that fueled Robinhood Chain's memecoin boom just gave away all its revenue
CoinDesk·
60-second summary
Noxa, the launchpad behind CASHCAT's rise, has given away nearly $12 million in revenue after going dark, leaving Robinhood Chain's memecoin economy in freefall. This sudden loss of revenue has significant implications for the network's stability and the value of its memecoins, potentially triggering a sharp decline in the market value of associated tokens.
Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's memecoin economy in freefall.