VRAX Market Cap Briefly Tops $8 Million After 143% Daily Gain

VRAX, a meme token in the Robinhood Chain ecosystem, gained more than 143% on Oct. 14, briefly lifting its market capitalization above $8 million before it stood at $7.68 million at 11:57 a.m. ET (15:57 UTC). The token was initially launched amid discussion during a Robinhood summit. Robinhood CEO Vlad Tenev mentioned VRAX twice during an X question-and-answer session. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.