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HOOD (Robinhood) fell 4.30% in the last 24 hours.
Gate News Bot news, on August 15, according to CoinMarketCap data, as of the time of writing, HOOD (Robinhood) is currently priced at $0.000029, with a 4.30% fall in the last 24 hours, reaching a high of $0.000033 and a low of $0.000026. The current market capitalization is approximately $1.3 million, down about $58,500 from yesterday.
Important news about HOOD recently:
1️⃣ Robinhood launches self-built blockchain and tokenized stocks Robinhood announced on June 30, 2025, that it will deepen its cryptocurrency business by launching its own blockchain and tokenized stock products. This move marks a significant strategic layout for the company in the crypto space, expected to attract more users and expand its market share.
2️⃣ HOOD failed to enter the S&P 500 index Despite Robinhood's market capitalization nearing $100 billion, it has once again failed to be included in the S&P 500 index. This may affect investors' confidence in the company's long-term growth prospects and exert some pressure on its stock price in the short term.
3️⃣ Cryptocurrency business continues to expand Robinhood has recently increased its investment in cryptocurrency operations, including the launch of new products such as the HOOD Cat token. This indicates that the company is actively positioning itself in the digital asset space to cope with the growth bottlenecks in traditional financial businesses.
From a technical perspective, the price of HOOD has shown a significant fall in the past 24 hours, breaking below the key support level of $0.00003. In the short term, it may face further downward pressure, and investors should closely monitor the support situation around $0.000026.
This message is not intended as investment advice; investors should be aware of market volatility risks.