Uniswap Unleashes Memecoin Launchpad on Robinhood Chain with $12M FRONG Token

Uniswap Labs has launched a memecoin launchpad on Robinhood Chain called Pools, which allows users to mint and trade new tokens. The launchpad is open for business after being delayed four and a half hours behind its public countdown.

The highest-valued token on the platform is FRONG, named after Uniswap's teaser video, with a valuation of $12.1 million and 31.9% increase in value over the day.

Uniswap claims that Pools is intended for speculative and highly volatile assets, but also disclaims any involvement or recommendation of the tokens listed on it, including FRONG.