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#GUSDYieldRisesto3.8% #ETH
The market has been very slow in the past few days, making me too lazy to record trades. Yesterday, the market pace picked up a bit, so I remembered to record the screen. At the 15-minute level, I captured 30 points. The advantage of the charting system is that it can increase the certainty of your trading and boost your confidence. 😘😘😘😘Gold continues to decline, creating a slow and prolonged bearish environment. It could repeatedly test or even breasupport. A decisive break below it could signal a trend reversal for many trend-following traders, prompting them to exit their positions.
> The chain’s vision is built for RWA + DeFi + Agentic trading, but the CEO heavily shilled it as a great chain for memes.
> TVL has already surpassed $100M, with 99.99% coming from Morpho and Uniswap.
> No native DEX yet, Uniswap is currently the only one, driving over $250M in volume since mainnet launch.
> There’s a mini memecoin trend forming, led by $Cashcat (Robinhood’s original name).
> Robinhood Chain generated 7.8 ETH (~$13.5K) in fees in the last 24 hours.
> However, there are only ~33K active wallets right now → still very early.
Yes, every chain gets its memecoins, but I doubt this trend on Robinhood will last long. Only one will probably survive, and the rest will go to zero.
That’s why I’m not FOMOing into the hype right now just b/c the R/R isn’t attractive.