Sharing an on-chain observation
Last night, several sizable tokens launched on Robinhood Chain in quick succession.
Their peak market caps ranged from $6M to $30M, and they got there pretty fast. They had a few things in common:
1. They were all launched through Uniswap
2. None were original IPs
3. Their trading tactics were almost identical
They all launched with over 100K in liquidity. Early wallets held a large share of the supply, while also steadily distributing large amounts.
As their market caps grew, liquidity stayed between 100K and 300K.
It felt really shady—like I’d stumbled into a money-laundering operation.
Just when you thought they were about to dump, inexplicable funds would come in and push the price higher.
Search their CAs on 𝕏 and you’ll find that Memes in this market-cap range barely have any community buzz.
0x370dd1181288392843bf52d998eb85c735d91688
0xde09eec6f12311d98d982b07c2e0f9360dd002f9
0xe3e3df8bfb891d269a78ee33a456d36fb7344ec1
After noticing that the first and second had similar tactics, I didn’t hesitate much when the third one appeared—I went in to give it a try.
When I woke up, sure enough, it hadn’t dumped. I sold everything and left it at that; just a small test.
After that, I couldn’t make sense of what was going on.
Sharing this for discussion.
Last night, several sizable tokens launched on Robinhood Chain in quick succession.
Their peak market caps ranged from $6M to $30M, and they got there pretty fast. They had a few things in common:
1. They were all launched through Uniswap
2. None were original IPs
3. Their trading tactics were almost identical
They all launched with over 100K in liquidity. Early wallets held a large share of the supply, while also steadily distributing large amounts.
As their market caps grew, liquidity stayed between 100K and 300K.
It felt really shady—like I’d stumbled into a money-laundering operation.
Just when you thought they were about to dump, inexplicable funds would come in and push the price higher.
Search their CAs on 𝕏 and you’ll find that Memes in this market-cap range barely have any community buzz.
0x370dd1181288392843bf52d998eb85c735d91688
0xde09eec6f12311d98d982b07c2e0f9360dd002f9
0xe3e3df8bfb891d269a78ee33a456d36fb7344ec1
After noticing that the first and second had similar tactics, I didn’t hesitate much when the third one appeared—I went in to give it a try.
When I woke up, sure enough, it hadn’t dumped. I sold everything and left it at that; just a small test.
After that, I couldn’t make sense of what was going on.
Sharing this for discussion.