Summary of Performance for Early A9 Tokens on Robinhood Chain: At Least 60% Decline After First Phase, Investors Who Hold Firm Through the Bottom May Come Out Ahead
60 minutes ago
Crypto KOL @0xkioto today summarized the common trajectory of tokens that have reached or are near the 100 million yuan market cap since the launch of the Robinhood Chain. He pointed out that tokens like CASHCAT, AI, and PONS have strong market appeal from the start, attracting massive capital inflows. However, once the hype cools, all short-term buyers get washed out. All these tokens have seen crashes ranging from 60% to 95% after their initial rally. @0xkioto argues that these crashes transfer supply to loyal holders who will not sell, as well as a "team" accumulating tokens, laying the groundwork for the next rally. When new demand emerges, it will face thin sell orders, possibly paired with a catalyst to accelerate gains—this is when the token starts surging sharply. "The Robinhood Chain belongs to holders, not disruptors," he said. BlockBeats notes that the above summary may hold some representativeness and logic behind token consolidation. However, the performance of these tokens is also heavily influenced by overall market sentiment fluctuations since the Robinhood Chain’s launch. The Robinhood Chain launched in early July with impressive performance, but later fell into a liquidity crunch and faced challenges with its narrative due to factors like capital outflows, which is one of the key reasons behind the sharp corrections seen in the aforementioned tokens.
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