TechFlow reports, July 16. According to CoinDesk, Noxa, the largest token launch platform on Robinhood Chain, suddenly stopped accepting new token issuances on July 11 after accumulating nearly $12 million in fees, and took the website offline two days later. On July 14, Noxa announced it would no longer charge any fees, distributing 100% of trading revenue directly to creators.
The decision sparked division in the crypto community, with some users supporting its resistance to the proliferation of low-quality tokens, while others criticized the move as missing a great opportunity for development. Affected by this, CASHCAT, the meme coin driving most of the platform's trading volume, fell over 33% within 24 hours. Currently, the market cap of tokenized real-world assets on Robinhood Chain is approximately $12.66 million, while CASHCAT's peak market cap once reached 12 times that amount.
![In-depth Analysis of Trade[XYZ]: How Were 92 Markets and 98% HIP-3 Trading Volume Established?](https://upload.techflowpost.com/upload/images/20260716/20260716061117965147.jpeg?x-oss-process=image/resize,p_50/quality,q_80)
