It’s clear Robinhood has all the eyes right now because it’s producing runners, and there’s no better marketing than green candles.
What’s crazy to see is that every “conviction play” on Sol has to take a hit because the average trencher simply doesn’t have the liquidity to play on two chains at once.
I don’t blame people for bridging over and taking some bets on Robinhood. I think there will be plenty of opportunities to make money. I’ve personally bought a couple newer Robinhood pairs I liked, but I won’t be chasing ATHs on the main pairs.
Hopefully Robinhood brings more people into the game and makes the pie bigger for everyone. But right now, it’s pretty clear it’s mostly the usual suspects bridging over to a new chain.
If Robinhood maintains attention, I actually think this will be good for established memes on Sol and bad for new-pair trenching on Sol. I’d be looking for dips on established memes.
Eventually, people will make big profits and rotate back into conviction plays.
Just my two cents. Curious to see how it all plays out.
THE BLACK BULL.
A world wide movement.
I really didn’t have time to do a proper Orly cook. Those who know, know. But got home yesterday after taking care of family to make this quick. I will make the video I had already in mind. This is just for fun. @blknoiz06 get in here.