Robinhood Chain memecoin trading hit $443M a day, then fell 96%

Robinhood Chain memecoin trading hit $443 million in a single day before collapsing 96%, underscoring the volatility and speculative nature of memecoin markets. The rapid rise and fall raises concerns about sustainability, as traders chase fleeting trends. The dramatic swing highlights the risks inherent in such assets, which can lose value as quickly as they gain.