History does not repeat itself, but it does rhyme.
Will the Robinhood chain replicate the once-popular Solana from back then?
I took a serious look and compared them, and the possibility really does seem quite high.
Looking back at $SOL , in the first stage back then, $BONK ignited the entire SOL ecosystem.
What about now? This July, $CASHCAT started to surge, and the $HOOD chain entered everyone’s field of view.
The current stage of the $HOOD chain is very similar to early 2024 for $SOL , that is, after Bonk’s explosive rise and subsequent pullback, other MEMEs then started to follow.
Similarly, the original leader, $CASHCAT, has now been replaced by $PONS.
When Pump.fun launched in 2024, just like $PONS now, token issuance became an industrialized process.
HOOD is also now reaching this stage. Starting in August this year, $PONS began an utterly reasonless surge, rising extremely irrationally, with no pullback at all in between.
From $CASHCAT completing the first wave of wealth effect, to $PONS successfully taking over now.
Then DEX Volume rose by +105% week over week, and $PONS began industrial-scale attraction of new wallets, with large amounts still flowing in.
Now, Binance has just listed $PONS perpetuals.
All of these signs show that the ignition phase of HOOD MEME has already been completed.
Next comes the critical moment,
$HOOD whether it can withstand the pressure and truly replicate the great MEME bull market of $SOL back then.
We can look at this from two angles:
First, can $PONS maintain its current market cap and preserve the current wealth-creation effect?
Second, will more major meme coins continue to run, sustaining the hype?
Whether this round of HOOD is a fleeting flash or something enduring, no one knows.
But one thing is certain:
as long as HOOD keeps buzzing, $UNI and $ARB can keep the music going and keep dancing.
Will the Robinhood chain replicate the once-popular Solana from back then?
I took a serious look and compared them, and the possibility really does seem quite high.
Looking back at $SOL , in the first stage back then, $BONK ignited the entire SOL ecosystem.
What about now? This July, $CASHCAT started to surge, and the $HOOD chain entered everyone’s field of view.
The current stage of the $HOOD chain is very similar to early 2024 for $SOL , that is, after Bonk’s explosive rise and subsequent pullback, other MEMEs then started to follow.
Similarly, the original leader, $CASHCAT, has now been replaced by $PONS.
When Pump.fun launched in 2024, just like $PONS now, token issuance became an industrialized process.
HOOD is also now reaching this stage. Starting in August this year, $PONS began an utterly reasonless surge, rising extremely irrationally, with no pullback at all in between.
From $CASHCAT completing the first wave of wealth effect, to $PONS successfully taking over now.
Then DEX Volume rose by +105% week over week, and $PONS began industrial-scale attraction of new wallets, with large amounts still flowing in.
Now, Binance has just listed $PONS perpetuals.
All of these signs show that the ignition phase of HOOD MEME has already been completed.
Next comes the critical moment,
$HOOD whether it can withstand the pressure and truly replicate the great MEME bull market of $SOL back then.
We can look at this from two angles:
First, can $PONS maintain its current market cap and preserve the current wealth-creation effect?
Second, will more major meme coins continue to run, sustaining the hype?
Whether this round of HOOD is a fleeting flash or something enduring, no one knows.
But one thing is certain:
as long as HOOD keeps buzzing, $UNI and $ARB can keep the music going and keep dancing.