The Juggernaut (JUGGERNAUT)

I thought @RobinhoodCrypto memes were dead, but they have burst onto action again in the last 24 hours.

$JUGGERNAUT -> 37.3% 🟢
$TENDIES -> 13% 🟢
$PONS -> 24% 🟢
$BRODIE -> New entry, 1M+% 🟢

Unfortunately, there are also those who haven't capitalised (yet?) or are dead:

$CASHCAT -> 2% 🔴
$HOODRAT -> $15M MC to $618k MC
$GME -> 91% 🔴

✦ So, where are we with Robinhood chain?

This is wave two, not a new trend.

The first meme wave peaked around July 8.

Noxa, the launchpad that printed most of it, took an estimated $12M in fees, stopped accepting launches on July 11, and went dark two days later as CASHCAT rolled over.

What you are seeing now is a reflexive bounce, not fresh adoption. The tell is the leaderboard itself: brand new tickers (BRODIE, PONS) leading while the old kings bleed ( not you, @Juggernautrh )

✦ The rotation is savage.

HOODRAT from $15M to $618k is a ~96% drawdown. GME down 91%. CASHCAT, the former flagship that hit $156M and 2,158% in a single week, is basically flat.

This is the memeco

Good to see Vlads favourite meme JUGGERNAUT back to 5M+

Still feels criminally undervalued if the whole RobinHood meme eco has another run.

Which I think it will. https://t.co/3XA8tKjfgG