On August 29, BlockBeats reported, citing GMGN market data, that the Robinhood Chain meme coin COPPERINU surpassed a $10 million market capitalization within two hours of listing, then cooled to $8.98 million. Its trading volume has passed $5.7 million. The developer transferred 40% of the total token supply to the wallet of crypto KOL him, who responded that he is prepared to develop the token with staking, claiming and burning mechanics and to allocate the tokens to community airdrops. The joke behind COPPERINU comes from a January tweet by crypto KOL Cobie, in which he said trading physical copper means there is no need to worry about "Copper Inu" stealing attention or about people issuing new "copper products" on Pump.fun. Him had previously been the main force spreading a Solana-based COPPERINU meme coin, and the community sees him as the project's top holder and narrative leader. BlockBeats cautioned that these tokens fluctuate wildly and urged investors to be careful.
BlockBeats reported on Aug. 29 that COPPERINU, a meme coin on the Robinhood Chain, raced past a $10 million market cap within two hours of going live, before pulling back to $8.98 million. Trading volume has exceeded $5.7 million, according to GMGN data.
The token's developer sent 40% of the supply to the wallet of crypto KOL him. Him later said he is willing to build out the token with staking, claim, and burn functions, and would use the transferred tokens for community airdrops.
COPPERINU's backstory starts with a January tweet by crypto KOL Cobie, who joked that trading physical copper means there is no need to worry about "Copper Inu" stealing attention, and no one will keep launching new "copper products" on Pump.fun. Him previously drove the spread of a Solana-based COPPERINU token and is viewed by the community as the project's top holder and lead narrative driver.
BlockBeats reminded users that such tokens see sharp price swings and that investing in them requires caution.
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