Robinhood Chain Leads Daily with 5,593 Tokens Issued by Flap
Prefer us on GoogleOn August 3, Flap issued 5,593 tokens on the Robinhood Chain, surpassing Pons' 3,749 tokens and taking the lead for the day. This does not indicate the quality of the project or the sustainability of trading. O'Daily reported this result based on Dune data. Flap had previously surpassed Pons on July 17 but lost the lead afterward. This ranking change shows that daily issuance activities of meme coins and small tokens on the Robinhood Chain can vary by launchpad. Robinhood launched its public mainnet based on Arbitrum technology on July 1, with Uniswap and Pleiades participating as initial liquidity partners. The Robinhood Chain has a permissionless structure that allows anyone to deploy applications and smart contracts, and it is not directly connected to customers' securities and virtual asset accounts. As of August 4, weekly transactions totaled 64.01 million, with 1.08 million active addresses, and total deposits amounted to $401.01 million. Flap is introduced as a modular token launch infrastructure operating on the BNB Chain and Robinhood Chain. While it led in short-term issuance volume in this tally, the liquidity and trading sustainability of the new tokens need to be analyzed separately.
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