“More importantly, we believe this is another step toward bringing more attention to Robinhood Chain, which remains our primary focus for Q3 and Q4,” the post read. It is worth noting that the memecoin was created just minutes before the post. The Vladhood meme coin surged to a high of around a $10 million market cap. Onchain data shows that insiders have cashed over $1 million in profits. Meanwhile, the token is currently trading above a $4 million market cap even though the post has been deleted.