The launchpad that fueled Robinhood Chain's memecoin boom just gave away all its revenue
CoinDesk 2026-07-15 12:11:58
Context: Noxa, a launchpad that played a significant role in the rise of memecoins on Robinhood Chain, has given away all its revenue, leaving the memecoin economy in freefall. The launchpad had accumulated nearly $12 million in fees before making this sudden move. This development has sent shockwaves through the Robinhood Chain community.
Key Facts
- Noxa, the launchpad behind the rise of CASHCAT and other memecoins on Robinhood Chain, accumulated nearly $12 million in fees before giving away its revenue and going dark.
- The launchpad's decision to give away its revenue has left Robinhood Chain's memecoin economy in a state of freefall, with the long-term implications for the community still unclear.
- Noxa's role in fueling the memecoin boom on Robinhood Chain was significant, as evidenced by the success of CASHCAT and potentially other memecoins that were launched through the platform.