Hood Inu Memecoin Jumps 316% on Robinhood Chain With No Catalyst
- —HI rose 316.6% in 24 hours to $0.02036, with an intraday high of $0.02257
- —HI/WETH pool liquidity is $487,000; pool volume near $18 million versus $107.78 million on CoinGecko
- —Market cap and FDV both stand at $20.3 million on a 1 billion token supply
- —About 3,800 holders, with no confirmed catalyst for the rally
Why it matters: The move rests on thin liquidity in a new pool: a drop back to $0.002632 would erase most of the gain, and similar Robinhood Chain memecoins have already fallen as much as 75%.
Source: The Crypto Times