$SHUFFLE is the utility token of Shuffle, a daily-rebalancing memecoin index on Robinhood Chain. It trades independently and is supported by daily buybacks and a permanent 5% allocation within the index.
Shuffle is a memecoin index ecosystem designed to give exposure to a basket of Robinhood Chain memes through a single index. The basket currently targets 19 ranked memes, with 95% allocated to the selected memes and 5% reserved for SHUFFLE. The portfolio is reviewed daily and can be rebalanced as the market changes.