Multi-chain meme rotation continues as Basecat rebounds and high-volume tokens swing off intraday peaks

Multi-chain meme rotation continues as Basecat rebounds and high-volume tokens swing off intraday peaks

N
News Editor
2026-08-31 02:10:23
Meme trading stayed active across several chains on Aug. 31, with Robinhood Chain, BNB Smart Chain, Solana, and Base all posting strong moves in high-volume names, according to BlockBeats. The report said flows were less concentrated in a single breakout token than in previous sessions, with capital instead rotating among meme coins with stronger market recognition. Short-term activity remained centered on the highly volatile meme segment. On Robinhood Chain, PONS climbed as its market capitalization briefly reached about $404 million before easing to around $307 million, with the token last quoted near $0.307. On BSC, Niu Lai stayed firm after listing Binance futures, and its market cap touched roughly $144 million, a record high. Solana-based fone also hit a new high near $40.6 million in market value while maintaining heavy turnover. On Base, Basecat regained momentum, with its market cap briefly reaching about $43.6 million. BlockBeats described Basecat as a highly recognizable cat-themed meme token within the Base ecosystem, adding that it drew fresh capital attention as sentiment improved across multi-chain meme trading.

Meme trading remained in a multi-chain rotation on Aug. 31, with strong volume and price action appearing on Robinhood Chain, BNB Smart Chain, Solana, and Base, according to BlockBeats.

Compared with the previous few days, when a single hot narrative tended to dominate, funds were shifting more actively among meme tokens with clearer market recognition. Short-term trading interest was still concentrated in the high-volatility meme segment.

Robinhood Chain: PONS extends its run

On Robinhood Chain, PONS continued to climb, with its market capitalization briefly reaching about $404 million. The token was last quoted at about $0.307, with market capitalization at roughly $307 million, a 24-hour gain of about 25.2%, and 24-hour trading volume of about $69.4 million.

BSC: Niu Lai hits a record after Binance futures listing

On BNB Smart Chain, Niu Lai also held its strength. After listing Binance futures, its market capitalization briefly touched about $144 million, setting a new all-time high. The token was last quoted at about $0.110, with market capitalization at roughly $111 million, up about 70.8% over 24 hours, with 24-hour trading volume of about $84.8 million.

Solana: fone keeps turnover elevated

On Solana, fone maintained heavy trading activity, with its market capitalization briefly reaching about $40.6 million, also a new high. The token was last quoted at about $0.0288, with market capitalization at roughly $28.6 million, a 24-hour gain of about 16.4%, and 24-hour trading volume of about $32.2 million.

Base: Basecat regains momentum

On Base, Basecat also turned stronger again, with its market capitalization briefly reaching about $43.6 million. The token was last quoted at about $0.0329, with market capitalization at roughly $33 million, up about 70.5% over 24 hours, while 24-hour trading volume stood at about $8.6 million.

BlockBeats described Basecat as a highly recognizable cat-themed meme token in the Base ecosystem. As sentiment around multi-chain meme trading improved, the token drew renewed capital attention.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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