Recently I saw that the meme coin NOXA, launched on the Launchpad platform on the Robinhood Chain, had a cashcat-like blowout, jumping by dozens of times. It reminded me of the meme coin launch platform Pump.fun. Pump’s price has already dropped from its public offering price of 0.0045 to 0.0015—it’s been falling badly.

I went and checked the profitability of the Robinhood meme platform too, and it turned out exactly as I expected: most people are losing money, with only a tiny portion making profits. It’s the same story—getting harvested. I was even thinking about participating in a new token sale, but after getting this statistical data, I won’t go. Not investing means you don’t lose money.

The data shows that 95% of the meme coins end up at zero. The typical survival time is 1–7 days, basically a rapid cash-out of the whole pool. I don’t recommend that fellow coin friends play with this meme platform—unless you’re willing to bet!