Markets· ★★· neutral·

Robinhood Chain: Reddit token supply drops $420K as PHOOD3X volume jumps 5.5x

  • —RDDT: $420K in tokens removed, $980K daily volume (+40%), price +7.4%
  • —TTWO: +178 wallets to 12,281; SpaceX +141, Tesla +107, Nvidia +98
  • —WETH: +842 wallets in a day; $296.75M volume, the platform's highest
  • —PHOOD3X (3x long): volume rose 5.5x from the previous day
Why it matters: The data shows how positions are rotating across tokenized equities and memecoins on Robinhood Chain, a gauge of onchain trading demand.
#RDDT#WETH
Source: TokenPost
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