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Among the top 50 memecoin traders on Robinhood, about 63% of addresses are in a loss state

PANews
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PANews July 19日消息, based on data compiled by Bubblemaps, Robinhood’s top 50 memecoins involve about 164.5k traders in total, with around 63% of accounts at a loss and only about 37% in profit. Bubblemaps also conducted an on-chain analysis of the token-holding distribution for some of Robinhood’s popular memecoins, noting that $CASHCAT holdings are relatively dispersed with no clear whale-cluster concentration, while $CASHDOG uses a one-time contract to centralize funds for holders, and $TENDIES distribution is more decentralized with no large concentrated addresses.
MEME1.04%
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