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Robinhood Chain Early A9 Token Path Summary: At Least 60% Drop After First Phase, Bottom-Holding Believers May Laugh Last

On August 29, crypto KOL @0xkioto summarized the common path of tokens with market caps exceeding (or nearing) $100 million since Robinhood Chain's launch. He noted that tokens…

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On August 29, crypto KOL @0xkioto summarized the common path of tokens with market caps exceeding (or nearing) $100 million since Robinhood Chain's launch. He noted that tokens like CASHCAT, AI, and PONS have strong market appeal from the start, attracting significant capital inflows.

However, once this frenzy slows, all short-term buyers are shaken out. The aforementioned tokens experienced crashes of -60% to -95% after their initial surge. @0xkioto believes these crashes shift supply to steadfast holders who won't sell, as well as a "team" picking up bargains to prepare for the next rally. When new demand arrives, it meets thin sell orders, possibly with a catalyst to accelerate. That's when the surge begins. "Robinhood Chain belongs to holders, not disruptors."

[BlockBeats]

Original: https://www.theblockbeats.info/flash/364244

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