ROBIN, a meme coin on Robinhood Chain, briefly pushed its market capitalization above $15 million before pulling back to $12.62 million, according to GMGN market data cited by BlockBeats on Sept. 10. The token was still up more than 92% over the past 24 hours, while trading volume during the same period reached $1.8 million.
BlockBeats said ROBIN, short for Robin the Frog, is based on an existing character from The Muppets. The character is described as Kermit the Frog’s nephew and also appeared in Muppet Robin Hood, giving it a direct link to the Robin Hood story. That narrative fit has helped the token gain traction in the Robinhood Chain community.
Within that community, ROBIN has been described as the "Pepe of Robinhood Chain" or the chain’s "native frog." BlockBeats also included a risk warning, noting that meme coins often lack practical use cases and can see sharp price swings, and said users should stay cautious when investing.
ROBIN, a meme coin on Robinhood Chain, briefly rose above a $15 million market capitalization before easing back to $12.62 million, according to GMGN market data cited by BlockBeats on Sept. 10. The token was up more than 92% over the past 24 hours, with trading volume over the same period reaching $1.8 million.
Character background tied to the chain’s narrative
BlockBeats said ROBIN, or Robin the Frog, is directly based on an existing character from The Muppets: Robin the Frog, the nephew of Kermit the Frog. The character also appeared in Muppet Robin Hood, creating a direct connection to the Robin Hood story.
That link has made the token a close fit for the Robinhood Chain narrative. In the community, ROBIN has been called the "Pepe of Robinhood Chain" or the chain’s "native frog." BlockBeats described the meme as community-driven and centered on a Sherwood theme, adding that "the character existed first, the chain came later, and timing brought them together."
Risk warning
BlockBeats also warned that meme coins often have no real use case and can be highly volatile, and said users should be cautious with investment decisions.
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