Robinhood Chain issues 50000 tokens daily, 19 meme coins exceed 1 million market cap
Prefer us on GoogleThe Robinhood Chain launchpad has reached a record of approximately 50000 tokens issued daily, with only 19 meme coins surpassing a market capitalization of 1 million dollars. Daily trading volume for Pons-family assets has exceeded 82 million dollars, and Flap launched around 22000 tokens on July 14, breaking Noxa's previous record of about 18000. Of the 19 meme coins with a market cap over 1 million dollars, 11 were issued by Noxa and five by Virtuals. The launchpad's virtually free nature and support for automated issuance allow a single developer or bot operator to create thousands of tokens without a real increase in demand. Despite the rise of new launchpads, success remains concentrated among established players, with most tokens being temporary and illiquid.
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