INDEX 24-hour surge exceeds 130%, market cap now at $55M

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INDEX surged 130.4% in 24 hours, reaching a $55 million market cap, according to on-chain data from Chainthink. The Robinhood Chain token will use trading fees to purchase on-chain stock tokens for INDEX holders. The Fear and Greed Index remains volatile, with sharp fluctuations reported. Investors are warned of high risks due to rapid price movements.

ChainThink reports that, as of September 3, market data shows the Robinhood Chain ecosystem token INDEX has a market cap of $55 million, up 130.4% in the last 24 hours.

The INDEX project states that trading fees will be used to purchase on-chain stock tokens, which will then be distributed to INDEX holder addresses. Please note that the prices of such tokens can be highly volatile and carry investment risk.

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