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

AI Summary 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,... fulltext: 374 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/robinhood-trenches-cashcat-wrecks-traders/ Source: CryptoPolitan