📰 The HOOD Herald: Reclaiming the Robinhood Legacy
April 27, 2025
🔙 Flashback: The 2021 Robinhood Controversy
In January 2021, the stock trading platform Robinhood faced intense scrutiny after it restricted purchases of certain “meme stocks,” notably GameStop (GME), during a period of unprecedented market volatility. This move, attributed to the company’s clearinghouse collateral requirements, sparked widespread backlash, leading to class-action lawsuits and a massive loss of trust among retail investors.
🪙 Enter HOOD: A Meme Coin with a Mission
Fast forward to today, and HOOD — the meme coin — has emerged, built on Solana, carrying the spirit of retail rebellion. More than just a token, HOOD represents a movement to reclaim the narrative stolen in 2021.
Key features of HOOD include:
- Community Governance: Active engagement on Twitter, Telegram, and Reddit.
- Fair Tokenomics: Renounced ownership, locked liquidity, and zero transaction tax.
- Deflationary Mechanics: Regular token burns to steadily decrease supply.
🌐 The Community’s Message: We’re Not Moving On
The HOOD community has made it crystal clear: they haven’t forgotten — and they’re not going anywhere.