Robinhood Chain's survival hinges on fresh blood entering the market.

The OG degen thesis: A handful of conviction holders print life-changing gains. Most? They round-trip back to zero.

But here's the twist - those guys got washed out cycles ago. We're now dealing with an entirely new batch of traders who haven't been rekt yet.

New gen, same traps. The question is whether $HOOD can capture this wave before they learn the hard way.