

On July 2, Vlad Tenev went on CNBC and called memecoins a dead end — assets with no utility, spinning up hundreds of them, pointless. Six days later he flipped the mainnet on, subsidised the gas, and posted that his RWA chain "works great for memes too."
The reversal is the strategy. We minted the label, put it on his own chain, and let the market do what it always does with a word that good.

Robinhood Chain went live July 1 on London's "The World is Flat" stream — an Arbitrum Orbit L2 pitched at tokenised stocks and real-world assets. A week later the CEO is waving the meme crowd in himself.
$POINTLESS is the receipt. The ticker is the interview. The chain is his.
CNBC, July 2, 2026. Robinhood's CEO on tokenised investing and AI-powered trading — and, at the 7-minute mark, on memecoins. Assets with no utility. Serving no purpose. Pointless.
Six days later he opened the gates. The tape is the receipt.
Nine days after mainnet, Robinhood Chain flipped Hyperliquid on 24-hour DEX volume — free gas, day-one Uniswap and Chainlink, and a meme crowd Tenev pointed at himself. The RWA payoff is later. The pointless is now.
Real-time price and volume for 0x71a9…DE4E on Robinhood Chain. Streaming straight from DEX Screener. If the chart is empty, the pair is still bootstrapping liquidity — refresh in a minute.
Everything you need to know fits on a napkin. Everything you want to believe fits on-chain.
Download the Robinhood Wallet app, or install MetaMask / Rabby and add Robinhood Chain. Fund it with a little ETH via bridge or on-ramp. Don't tell your ex.
Paste 0x71a9…DE4E into the dex search. Confirm the name reads POINTLESS COIN. If it doesn't, it's a clone. Ignore it.
Set slippage to a reasonable 2–5%. Confirm. Do not refresh. Do not panic. Do not sell in 3 hours because Vlad tweeted again.
Screenshot the buy. Post it in the Telegram. Change your PFP to the coin. You're now on the receipt. Welcome to the narrative.