SLINK Surges 990x on Robinhood Before Sharp Decline

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On-chain data shows SLINK surged over 990x on Robinhood shortly after listing, before a sharp decline. The token now trades at approximately $18.6 million. Shivolink, backed by Elon Musk’s girlfriend Shivon Zilis, claims a team with Neuralink internship experience. The project involves five Neuralink patients jointly controlling an X account to demonstrate brain-computer interface use cases. On-chain analysis reveals token issuance and plans to allocate transaction fees toward research.

According to Odaily Meme Quick News, after SLINK launched on Robinhood, its market cap rapidly surged before sharply retracing; it has now settled near $18.6 million, with a 24-hour gain of over 990x.

It is reported that Elon Musk’s girlfriend, Shivon Zilis, retweeted posts related to the Shivolink project and publicly expressed her support. Shivolink states that the project was initiated by a team that previously interned at Neuralink, and that they are inviting five Neuralink patients to jointly manage a public X account to demonstrate real-world applications of brain-computer interfaces. The project also plans to issue tokens, with transaction fees generated from the tokens intended to support related research.

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