SCHIFFY, a meme coin in the Robinhood Chain ecosystem, briefly pushed its market capitalization above $8.4 million early on Sept. 19, setting a new all-time high, according to GMGN market data cited by BlockBeats. The token later pulled back to a market cap of $7.48 million, while its 24-hour gain stood at 135.5%.
The project brands itself with the slogan 「He doesn't fetch. He accumulates.」 and parodies gold advocate Peter Schiff, describing SCHIFFY as a "gold-hoarding dog coin." Instead of pairing with a stablecoin, the token trades directly against tokenized gold GLD on Uniswap v4.
BlockBeats said the fee design sends 100% of the SCHIFFY-side fees to burn, allocates 90% of GLD to holders, and routes the remaining 10% to a treasury. The outlet also said the project is tied to game studio Moku HQ, which it described as having experience related to Axie and Pixels, with plans for SCHIFFY to be used as a game IP and spending token. BlockBeats added a risk reminder that meme coins are highly volatile and that most lack real utility, warning users not to FOMO.
SCHIFFY, a meme coin in the Robinhood Chain ecosystem, briefly saw its market capitalization rise above $8.4 million early on Sept. 19, setting a new all-time high, according to GMGN market data cited by BlockBeats.
Its market cap later fell back to $7.48 million. The token was still up 135.5% over the past 24 hours.
Positioning and trading structure
SCHIFFY uses the slogan 「He doesn't fetch. He accumulates.」 and parodies longtime gold advocate Peter Schiff, positioning itself as a "gold-hoarding dog coin."
Rather than trading in a stablecoin pair, SCHIFFY is paired directly against tokenized gold GLD on Uniswap v4. Its fee model is described as follows: 100% of the SCHIFFY-side fees are burned, 90% of GLD is distributed to holders, and 10% goes to the treasury, creating a deflationary structure combined with gold-denominated holder rewards.
Project plan
BlockBeats said the project is tied to game studio Moku HQ, which it described as having experience related to Axie and Pixels. SCHIFFY is planned for use as a game IP and as a spending token.
BlockBeats also warned that meme coins are highly volatile and that most do not have real use cases, telling users not to FOMO.
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