Hood Inu crash: Robinhood Chain Dog Coin Pumps, Then Dumps 98%
The Hood Inu crash took less than a day: the Robinhood Chain dog coin ran toward five cents on October 5, then traded near $0.0003 by Tuesday morning. Robinhood has nothing to do with it.
Early story. Some claims here are not officially confirmed yet. We update this post as it confirms.
- Hood Inu (HI) started trading on Robinhood Chain around October 4 and was up about 316% on October 5, per CoinGecko data cited by The Crypto Times.
- By October 6, DexPaprika showed HI near $0.000339, down 98.46% in 24 hours, with an FDV of about $339K and only around $30K in total liquidity.
- There was never a listing, partnership or product behind the move. The project calls itself a community meme, and a second token with the same name already exists.
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The Hood Inu crash took less than a day. HI, a dog coin on Robinhood Chain with zero affiliation to Robinhood the broker, ran from sub-cent to a peak near five cents, then gave back roughly 98% of its value by Tuesday morning.
What actually happened
HI showed up on Robinhood Chain on October 4. DexPaprika's index first saw the token at 12:58 UTC that day. The supply is 1 billion, all of it circulating, so there is no unlock story here. Just a fresh ticker with a famous-sounding name.
The pump came fast. The Crypto Times reported HI at $0.02036 on the morning of October 5, up 316.6% in 24 hours, with a market cap of about $20.3 million. CoinGecko showed $107.78 million in daily volume, but the main HI/WETH pool held only about $487,000 of liquidity. The pool's own volume was closer to $18 million.
That gap was the tell. When turnover is hundreds of times bigger than the liquidity, the same coins are getting flipped back and forth. It is not $100 million of fresh money walking in.
Then the top. DexPaprika records an all-time high of about $0.05 at 20:24 UTC on October 5. When we checked its page at 06:04 UTC on October 6, HI was trading near $0.000339. That is 0.7% of the peak.
The numbers behind the Hood Inu crash
Here is the scoreboard from DexPaprika on Tuesday morning: 28,419 transactions in 24 hours, 17,648 buys versus 10,771 sells, and $16.52 million of volume split almost evenly between buy and sell dollars. More buy clicks than sell clicks, yet price went to the floor. That usually means many small buyers and fewer, bigger sellers.
Total tracked liquidity sat around $30,000 across 12 pools, with essentially all volume in one Uniswap V3 pool. DexPaprika flagged the token for new listing, no metadata, pool concentration, low liquidity and a 90%+ drawdown from ATH.
What we cannot tell you: who sold. DexPaprika does not check LP locks or holder concentration, and we have not traced wallets. So we are not calling this a rug. We are calling it what the data shows: a brutal round trip on thin liquidity.
A pool with $30K of depth is not a market. It is a trapdoor with a chart on top.
Why Robinhood Chain keeps doing this
This is not the chain's first rodeo. Robinhood Chain went live on July 1, and meme coins grabbed the spotlight almost immediately. We covered the early wave in our CashCat listing piece, and CashCat later fell nearly 75% from its peak by late July, according to The Crypto Times.
The pattern repeated with ticker-flavored memes in our Robinhood stock memes breakdown. The Crypto Times also notes that one analyst tied at least $18.43 million in extractions to 53 meme launches on the chain in September. Different coins, same playbook: recognizable name, tiny opening price, huge volume, thin pool.
The name game makes it worse. A separate token also called Hood Inu, with a different contract, is promoted via hoodinu.com. Searching "Hood Inu price" can land you on the wrong asset. The HI contract covered here is 0xee049979960d5e42b389b941ec45790ca7b6e1f7, visible on the Robinhood Chain Blockscout explorer.
What to do as a reader
First, the boring truth: a ticker named after a brand is not a product from that brand. Robinhood did not list HI, did not partner with it and did not launch it. Same as the JACK memecoin crash lesson: the name is marketing, not a guarantee.
Second, read liquidity before you read the green candle. If a coin shows nine-figure volume against a pool worth a few hundred thousand dollars, assume the volume is churn. And if total liquidity is now near $30K, even a modest sell can move price a lot.
Third, verify the contract on an explorer every single time, especially when two tokens share a name. Copy the address from the explorer, not from a reply guy.
If you are still holding HI after the Hood Inu crash, nobody here can tell you whether it bounces. Thin pools can spike either way, and that is gambling, not investing. Size like it is already zero, ser, and do not chase the next dog with a brand name because this one moved. Nothing here is investment advice. Stay early, stay paranoid.
Not financial advice. DYOR, ser.
