Data from GMGN shows that Robinhood Chain meme coin INDEX has dropped below a $30 million market capitalization, with its value last reported at $28.33 million and a 24-hour decline of 13.92%. The move came after Robinhood Crypto was seen listing an INDEX page with mismatched naming and market data. The page was labeled as Index Cooperative, but the displayed price and chart behavior appeared to align more closely with Robinhood Chain meme coin INDEX. After community users flagged the issue, Robinhood Crypto appeared to take action, and the page later began showing a "404 Page not found" message. As of publication, the page had not returned to normal. Odaily also warned that meme coin prices can be highly volatile and said investors should participate with caution.
Odaily reported that, according to GMGN data, the market capitalization of Robinhood Chain meme coin INDEX has fallen below $30 million, and was last reported at $28.33 million. The token was down 13.92% over the past 24 hours.
Earlier, Robinhood Crypto appeared to show a mismatch between the INDEX name and the market data on its page. The page was labeled as Index Cooperative, but the price and chart shown were closer to those of Robinhood Chain meme coin INDEX.
After community users spotted the issue, Robinhood Crypto appeared to handle it, and the related page later displayed a "404 Page not found" notice. As of press time, the page had still not returned to normal.
Odaily said meme coins can see sharp price swings and reminded investors to take part with caution.
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