Uniswap Ships Memecoin Launchpad on Robinhood Chain with $12.1M FRONG Token

Uniswap has launched Pools, a memecoin launchpad on Robinhood Chain, after a public countdown. The highest-valued token is FRONG, which was minted six days early by Uniswap's own contracts. It traded at $0.0121 as of 6:56 p.m. ET, up 31.9% on the day.

FRONG has a fully diluted valuation of $12.1 million and $1.1 million in liquidity. The site counted 172,694 buys from 12,206 wallets and 152,183 sells from 10,942 wallets. There are 12,141 holders of FRONG.

Pools charges no launchpad fee, but creators can switch on an optional fee at launch. Uniswap claims this is 'a fraction of the standard ~1% on other launchpads.' The site puts 24-hour volume at $20.6 million and cumulative volume since launch at $60.96 million.