So over the August 30 weekend, some degenerate meme coin called BONER managed to lock up 31,198 out of 58,714 tokenized HIMS shares on Robinhood Chain. That briefly pushed the wrapped stock to $132.64 — while the real stock closed Friday at $28.84. Yeah, they were trying to squeeze shorts. But if you think this does anything to the NYSE stock, you're the one getting squeezed. Between your ears.
▪️ BONER's pool locked up 53% of all tokenized HIMS shares. Supply is fixed by the one and only minting partner, so no new tokens over the weekend. Convenient, huh?
▪️ NYSE closed, no live price feed, so a few thousand bucks was enough to 4x an IOU that resets Monday morning. Classic.
▪️ The goal? A short squeeze. HIMS has about 25% of real shares short. But BONER's own site admits all tokenized shares combined = 0.1% of that short position. So much for the squeeze.
▪️ This pattern is spreading like herpes. Artificial Inu (AI/NVDA) leads with $203M market cap, Saylormoon (MSTR), Clippy XP (MSFT), MEME (AMC) — all playing the same game.
▪️ Meme coin-stock pairs on Robinhood Chain did $217M in volume on Sept 2. But the pools hold barely any of the underlying tokenized stock supply. So that volume is just hot air.
▪️ Reminds you of the 2021 GameStop squeeze? Except that moved real shares on a real exchange. This moves a thinly traded IOU that resets Monday morning. Big difference.
📊 Tokenized HIMS shares locked in BONER pool:
31,198 of 58,714📊 BONER pool price spike vs real Friday close:
$132.64 vs $28.84📊 Total meme-stock volume on Robinhood Chain, Sept 2:
$217M📊 Artificial Inu market cap:
$203MFor you, the retail trader glued to your screen: these meme coins aren't squeezing real shorts. They're juicing Robinhood Chain's liquidity with zero real-world impact. The only ones making money are the early minters and the liquidity providers collecting fees. The real HIMS stock barely moved. So if you're chasing a $132 BONER-AI IOU, you're buying a fairy tale, not a stock. Congrats.
💬 «BONER's own website admits the math doesn't work: every tokenized HIMS share combined equals just 0.1% of that short position.» — Decrypt citing BONER's website
🔮 The real squeeze? Robinhood trying to make its chain look busy. And you're the liquidity. Classic.
@exverse_chat