Posting this so I can outline my robinhood:0x2f36ba966bf29f702bb290245406a5b0e3e1a66e thesis in one tweet.
Swole on Robinhood has become one of my favourite holdings heading into Q4.
Swole stems from the same tweet as Cashcat. But it's not a beta or a derivative. It is Robinhood. Vlad said it himself.
But my real thesis goes beyond the meme, despite
@SwoleCatOnLunch having the best content on RH.
robinhood:0x2f36ba966bf29f702bb290245406a5b0e3e1a66e launched on Lunch, Lighter’s official launchpad partner, with Lighter carrying a $1B token valuation.
Lunch has no launchpad token, meaning there isn't an obvious psychological ceiling placed on the tokens launched through it.
More importantly, Lunch is currently the only launchpad enabling tokens paired with
$HOOD stock (shoutout
@Fitzybrypto for making the launchpad).
When HOOD paired tokens trade, Lunch has to buy and hold the underlying HOOD stock to back the on chain asset.
Making Lunch responsible for tokenizing ~$1.5M of HOOD on Robinhood Chain in a very short amount of time.
My bet is simple:
Lunch keeps tokenizing
$HOOD.
More people trade HOOD paired tokens, more HOOD gets tokenized onchain.
Eventually, it becomes impossible for RH members to ignore the community effort.
Meanwhile,
$HOOD itself looks primed for a move toward price discovery.
When HOOD makes the move, the token benefits from the appreciation of the paired asset.
Swole is the earliest bet on the intersection of Robinhood + tokenized equities + Lunch/Lighter.
If Swole wins, Lunch wins. If Lunch wins, Lighter wins. If Lighter wins, Robinhood wins. If Robinhood wins, they can fuel fun in their ecosystem, so we all win.
Bags packed.
Get Swole.