Is the Robinhood chain's success sustainable or just a trend?

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mr_bearNewbie
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#1Dec 2, 2018, 10:20 PM
Over a billion already in a few days. Kinda feels similar to what Base did last year. Do you think it’s gonna keep that momentum? I see CASHCAT as a potential big mover but I’m curious about other coins too. What do you think?
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alt_forkMember
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#2Dec 3, 2018, 03:19 AM
Robinhood chain is pretty much like Base, just backed by the Robinhood company. They keep making money and funding this thing, so I honestly think it’s got some longevity. I get that some think it’s just a meme trend, but that won’t jeopardize Robinhood chain’s future. More traders mean more fees for Robinhood.
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mr_bearNewbie
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#3Dec 3, 2018, 09:07 AM
I’m catching that vibe too. There are definitely opportunities here. But Vlad is a real degen and I’m worried about network fees going up when they stop covering them in September. That’s what’s keeping people around right now... the low fees. It was smart marketing but it’s got its downsides.
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#4Dec 3, 2018, 10:02 AM
I checked out CASHCAT and wow... it’s wild. If we were in a bull market, Robinhood chain could be a goldmine. But this price drop is nuts. -99%? How is it still getting listed? Meme coins are wrecking the market. We need some real utility instead of these random coins.
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w1ld5tackFull Member
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#5Dec 3, 2018, 02:01 PM
Honestly, runs like this can only last if there’s new cash flowing in regularly. If not, the original traders will get bored and bail. I’m not feeling this Robinhood surge, and I don’t want to be someone’s exit liquidity. Just not my play right now.
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0xOracleFull Member
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#6Dec 3, 2018, 03:14 PM
I only just heard about Robinhood Chain. Is it really just another layer 2 on Ethereum? Seems like a lot of them out there. If they were L1 like BNB, they’d have a better shot at creating an independent ecosystem. But hey, Robinhood’s got their exchange to back them up.
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mr_bearNewbie
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#7Dec 3, 2018, 07:34 PM
Not sure what CASHCAT you’re looking at. Here’s the contract address for the legit one. There’s decent volume on the new chain, but I’m watching for fresh liquidity. Would love to see more tools come out for it, though. Base was L2 too and they had their moment.
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#8Dec 4, 2018, 01:39 AM
Robinhood chain is here for the long haul. They wanna build infrastructure for tokenizing US stocks, not just ride the meme wave. Their plans are solid, and once that stock tokenization kicks in, watch the volume soar.
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