@plebindex

Pleb Index ($PLEB) is a meme token index on Robinhood Chain that takes a 4% fee on trades to buy a basket of chain-native meme tokens (CASHCAT, MARIAN, JUGGERNAUT, TENDIES) and redistribute them to holders.

Uses Uniswap V4 hooks for fee collection.

The project launched recently (July 2026) with mainnet deployment and holder rewards already flowing, but leans heavily into degen meme culture with minimal technical differentiation beyond a Uniswap V4 integration.

Green flags: Functional Uniswap V4 hook integration (first whitelisted tax token using hooks) · Real product with provable holder rewards ($60k+ distributed per tweets) · Transparent CA and verifiable on-chain activity · Small but engaged following (303 followers, ~47 avg engagement)

Red flags: Pure meme play with high-risk tokenomics (4% tax, redistribution mechanics prone to gaming) · Basket composition is entirely other meme tokens with no fundamental value anchor · Anonymous team (Vladinhood CEO appears to be a meme persona) · Heavy degen marketing language ('smash confirm', 'tendies', survival game framing) · Single-chain dependency on nascent Robinhood Chain with unclear long-term viability