We saw how quickly things can turn around yesterday with a runner from the launchpad. Flywheel: 1. $WAR launched from Hood10 2. .25% of volume from $WAR was used to buy back Hood10 and burn 3. When the above was bought it still pays the 5% tax 4. Of that 5% tax 4% goes to us as the distributions 5. People come to buy Hood10 as a result and more volume/distributions I'd read the docs before, but nice to actually see it in action and work as expected. Yes it's unfortunate $WAR was a rug or didn't make it, didn't see what happened other than went to 0. Still a high R/R, but I'm betting one will come soon enough.
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- Posted
- 2026-09-18 15:46 UTC
- First seen
- 3h ago via trade comments
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- Robinhood Chain
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Other theses on this trade
Tried out Stonk10, it only has 1 spoke and not nearly as streamlined as Hood10.
Nice to hear team is communicating with some of us and a plan moving forward.
Looked at this again today with the lower price and had a few thoughts. Pros: -Creator wallet still holds the original 20M coins from launch -Dividends are still being paid out per the contract -At this market cap, it really wouldn’t take much to change the narrative if activity comes back Cons: -Comms have been bad. They don’t respond to simple questions -They’re behind the market on the newer features being released -It won’t get Fomo verified unless they hit $1M+ daily volume and $5M+ market cap -Dividends only matter if there’s volume -Play/card feature doesn’t have much activity right now -Launchpad has almost no activity Definitely more cons than pros at the moment What keeps me interested is that most of the problems aren’t permanent. Things could change pretty quickly if: -A single launch takes off -The play/card feature starts getting real traction -A new useful feature is announced -The team improves communication and restores some confidence That’s really why I’m not selling here. I’m down about 85%, and some of the guys above me are even deeper. At this point, based on the remaining downside vs what could happen, cutting doesn’t make much sense. Would I tell someone to buy? Nope. Do you want to light some money on fire just to see what happens? Then sure go for it. Do I think it’s dead? Also no. At this valuation, it’s basically a bet that the team can create some momentum again. If they do, there’s a lot of room for it to recover. If they don’t, then obviously the current problems only get worse. So for me, I’m treating it high risk with a real chance of turning around, not something I’m counting on. Hopefully the team wakes up. Until then, I’m holding and watching.
Answered my own question. Verification requires 5m+ marketcap, 1m+ daily volume and over 1k holders. I had thought they were not getting verified due to a token issue, doesn't appear that's the case.
Clueless why this is still so low. Continuing to add at these prices. How’s it not verified at this point?
Distros coming through on schedule and continue to grow. This makes sense.
Play hood looks interesting: "Of the edge, seven tenths goes to the HOOD10 index — the same dividend sink the trade tax feeds — and three tenths to the protocol."
Love reading the thesis where they are so all in on a coin then close 60 sec later
Threw this together to better track: https://hood10-stats.vercel.app/ Their homepage didn't give a lot of detail.