Bonk Guy said he is bullish on VRAX, a meme token tied to the Robinhood chain ecosystem, and argued it could be one of the main beneficiaries if the ecosystem sees another round of momentum. According to his post, the token was originally launched after discussions during a Robinhood summit, but later fell about 99% from earlier levels. He added that concentrated holdings linked to the early development team may have largely exited.
He also pointed to renewed attention around the token after Robinhood CEO Vlad Tenev mentioned VRAX twice during a recent Q&A session on X. In Bonk Guy’s view, the Robinhood chain ecosystem may be nearing a local bottom. If on-chain activity picks up again, he said, VRAX could stand out as one of the tokens most likely to benefit from that recovery.
Odaily reported that Bonk Guy said he is optimistic about the performance of VRAX, a meme token in the Robinhood chain ecosystem, in the next market cycle.
In his post, he said VRAX was first launched following related discussions during a Robinhood summit. The token later dropped about 99% from earlier levels. He added that concentrated holdings associated with the early development team may have mostly exited.
Bonk Guy also said Robinhood CEO Vlad Tenev mentioned VRAX twice during a recent Q&A event on X, bringing the token back into the market spotlight.
He said the Robinhood chain ecosystem may be close to a local bottom. If on-chain activity recovers later, VRAX could become one of the main beneficiary tokens in the next leg of the ecosystem’s move.
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