About 63 per cent of the top 50 memecoin traders on Robinwood are in deficit

On 20 July, according to Bubblemaps statistics, approximately 164.5 million traders were involved in the top 50 memecoin of the Robinhood platform, of which about 63 per cent were in deficit and only about 37 per cent were profitable. Bubblemaps and a chain analysis of the currency holding distribution of some of the Robinhod popular memecoin indicated that while the US$CASHCAT holder is relatively dispersed and has no visible giant whale cluster, the US$CASHDG centrally funds the holders through one-time contracts, and the US$TENDIES distribution is less centralized and does not have a large central address。