BubbleMaps: 63% of top Robinhood memecoin traders are losing money

The on-chain analytics firm BubbleMaps reports that most people trading the biggest memecoins on Robinhood Chain are underwater. Reportedly, only 37% of the 164,538 traders active across the network’s top 50 tokens have made a profit, while the remaining 63% have lost money. Are traders making money on Robinhood Chain? “Robinhood trenches are brutal,” BubbleMaps,...