Squid
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@OttoSuwen Leader: $Cashcat
Beta: $Juggernaut
Undervalued Gem: @SockPussy500
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So after this massive shake, what would everyone consider the top memes on Robinhood chain?
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The S&P500🐱 thesis is playing out in real time
Today @vladtenev posted this (screenshot)👇
"If you're a builder looking to embed stock tokens or RWA into your applications, we want to hear from you"
And demand for tokens/memecoins tied to Tokenized Stocks on Robinhood Chain instantly shot up!
This is the first of MANY posts about protocols/tokens tied to Tokenized Stocks on Robinhood Chain
🗣️📢Vlad will not stop talking about it!
🧠 The task now is to identify tokens/memecoins with significant upside potential in this new primitive
$INDEX at $15.5M MC already captured significant value on the tech side and may continue to do so
But the Meme side of Tokenized Stocks is up for grabs
This is where the "Sock & Pussy 500🐱" meme comes in
Sock & Pussy 500🐱 is a parody of the S&P500 that has gone viral many times, but never successfully tokenized. This could change soon
Here's why:
→ Vlad loves cats. This much is clear from his past use of CashCat & VibeCat on the timeline
→ Because of Vlad's love for cats, Robinhood became a defacto Cat Chain led by CASHCAT (ATH: $200M)
→ Lastly, Robinhood Chain was specifically built for RWAs & Tokenized Stocks
Why S&P500? 🐱
→ It is a Cat. This aligns with Vlad's love for cats and Robinhood's defacto status as a cat chain
→ It is a Cat investing in Stocks. This aligns with Robinhood's/Vlad's push for adoption of Tokenized Stocks on the Robinhood Chain
→ It is a Cat in Socks investing in Stocks. It's funny; it rhythms. The parody perfectly aligns with Robinhood ethos
The Tech Side:
The S&P500🐱 is powered by @flapdotsh, a battle-tested cross-chain launchpad supported by @yzilabs
So you get:
→ Tech that works perfectly. Trustless, permissionless, and automatic
→ Just hold S&P500🐱 and you'll receive $AAPL(Apple), $GOOGL(Alphabet), $NVDA(Nvidia), $SPCX(SpaceX), $PLTR(Palantir), & $SPY (S&P 500 Index) Tokenized Stocks in your wallet periodically
→ But you can also manually claim your Tokenized Stocks anytime if you're in a hurry
→ The community side of S&P 500 is also well run. Dex is paid & set up; Website is up with Stocks' payout tracking; 𝕏 Account (@SockPussy500) is very active as the community hub
Based on the above thesis, I think S&P500🐱 is a good bet at current levels (~$200K MC) 📌
Don't mid-curve it:
It's a Cat in Socks investing in Stocks 🐱
FTPager.sol@FTPager
New On-Chain Primitive: Earn Tokenized Stocks by holding memecoins on Robinhood Chain Why you should be paying attention: → Robinhood Chain was mainly built for RWAs, specifically Tokenized Stocks → But @vladtenev recently said that Robinhood Chain "works great for memes too" → This triggered a memecoin trading frenzy that sent $CASHCAT to $200M+ MC in a few days → Now we have a practical implementation of RWAs + Memecoins rolled into one package → You trade the upside of the memecoin while earning a basket of Tokenized Stocks in real time Current Examples: → @401kHood ($401K) already distributed ~$261,534 worth of AAPL (Apple), GOOGL (Alphabet), NVDA (Nvidia), & SPCX (SpaceX) Stocks to holders → @SockPussy500 ($S&P500) already distributed ~$12,500 worth of the above Stocks + PLTR (Palantir), and SPY (S & P 500 Index) Stocks to holders → There are other smaller MCAP tokens on @flapdotsh that have adopted this approach, but the two above have been the most successful → Distribution is automated but you'd have to manually claim your Stock or "Dividends" → After claiming, you can choose to sell the Stocks back to the vault at a premium, hodl, or sell them on a 3rd party platform Thesis: → Vlad will probably start talking more about Tokenized Stocks on Robinhood Chain in the coming days → Which would drive attention to the launchpad/memecoins that already integrated them📌
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Ironically if Vlad tweets about memes again, RWA coins plummet and memes take over
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