Robinhood (robinhood.codes) (HOOD)

I'm seeing a lot of really dumb takes on Robinhood Chain

mainly the people annualizing the fees the chain is earning from the last few days

$HOOD isn't going to earn $45m this year from the chain

come on guys, don't be stupid. we've seen this play out 100 times already in crypto

obviously these fees won't remain when 50% of the chains volume is memecoins

the memecoins will die out in weeks to months and Robinhood chain will look like every other chain that exists right now

not to mention, the chain will get more efficient and less congested and fees will go down

Robinhood Chain isn't the next casino chain

this isn't going to be the next Blast L2 or Solana memcoin frenzy

everyone telling you that this is the next big narrative is out to lunch

this hype will die really fast

what Robinhood Chain is however is a place for Robinhood to tokenize assets and integrate the UX into it's application, the same as Coinbase is doing

however, that will take alot of time to implement and execute on. This won't ha