Thinking Cat Surges After Pons Launchpad Recognition

Price and Volume Jump on Launchpad Recognition

Thinking Cat (HMM), the cat-themed meme token trading on Robinhood Chain, gained 26% in 24 hours after being recognised as a top project on the Pons Launchpad. Trading volume rose alongside the price, climbing 27.8% to more than $2 million over the same period. The token's market capitalisation stood at roughly $10.7 million at the time of writing, according to CoinGecko. Despite the rally, HMM remains 71.96% below its all-time high of $0.03823.

Thinking Cat is a cat-themed meme token that trades as an ERC-20 on Robinhood Chain, with its first pool opening in July 2026. It carries the ticker $HMM, a nod to the thinking-face reaction, and sits in the Animal and Pons Launchpad categories on GeckoTerminal. The most popular venue to buy and trade the token is Pons(.)family, where the most active pair is HMM/WETH.

Pons Launchpad and the Robinhood Chain Meme Cycle

Robinhood Chain meme tokens spent August 2026 pulling attention that had belonged to Solana launchpads, with Pons sitting at the centre of that activity as the venue where most of those tokens first found a market. Pons is suited to projects that want a fast, simple launch with a defined liquidity graduation target, and it adheres to the fixed-supply token model standard for most memecoin projects.

HMM features a fixed maximum supply of 1 billion tokens, paired with a low 1% buy and sell tax structure across decentralised exchanges. The project does not generate value through conventional utility such as cash flow, staking, or a proprietary technology platform. Its appeal is primarily based on its meme identity, community participation, and frictionless trading mechanism.

For investors considering HMM, the token's small market capitalisation, limited holder base, and dependence on social momentum are important risks to weigh. Thinking Cat is a highly speculative digital asset and can experience extreme price volatility or loss of capital.

Sources
Thinking Cat (HMM) Price and Market Data, CoinGecko
Thinking Cat (HMM): Why Ownerless Tokens Can Still Fail, Phemex
Pons Launchpad: Why It Could Become Robinhood Chain's Flagship Launchpad, Bitcoin Foundation