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DeFi researcher Ignas: Some traders are taking profits from Robinhood tokenized-stock meme coins

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DeFi researcher Ignas: Some traders are taking profits from Robinhood tokenized-stock meme coins

PANews reported on September 23 that DeFi researcher Ignas stated the hype around Robinhood ecosystem tokenized-stock meme coins is fading, with Robinhood Chain tokenized-stock TVL flat for two consecutive weeks and the number of stocks burned now exceeding issuance. Ignas further noted that if trading volume slows further, declining yields could weaken holders' willingness to hold, increase selling pressure, and cause LPs to exit, further shrinking liquidity. He revealed that he has already exited his tokenized-stock meme coin LP positions due to a significant drop in yields, and believes the market needs a new catalyst to reignite the trend. He also noted that tokenized stocks on Solana still appear to be rising, and speculated that some traders are taking profits from tokenized-stock meme coins on Robinhood Chain, with the shift of capital from Robinhood to Solana potentially being a more sustainable trend.



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