Cashcat came second with $6.4 million behind a single token. The gap between first and second is large enough that you notice it. Qqq held three tokens and $2.7 million in volume, which means the per-token average there was thin. Index spread $1.5 million across four distinct tokens—thinner still.
Everything else fragments. PSTR has eight tokens chasing $256,635, which tells you the conversation has moved on. Fifty-three new pools opened in the last day, including duplicate names like JULES and ETAC, which is where the real energy dispersed. Robinhood is not consolidating around themes anymore. It is spawning them.
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