Huang Licheng launched the TAIWAN token on the Robinhood chain and purchased approximately 600,000 USD worth of tokens

According to on-chain analyst Yu Jin's monitoring, Huang Licheng issued the Meme token TAIWAN on the Robinhood chain and used about 16,700 USDC to buy approximately 27.56 million TAIWAN in the evening, with a purchase market value of about 600,000 USD.

Yu Jin stated that he does not recommend participating in this scheme, citing reasons including Huang Licheng's previous multiple issuances of Meme tokens; in 2024, he issued the Meme coin Bobaoppa for his dog, raising about 220,000 SOL (approximately 40 million USD) but only injecting about 60,000 SOL into the pool, keeping the rest for personal use, and setting a transaction tax of about 8.75%. This token has now essentially gone to zero.