Nearly all of the top 100 cryptocurrencies have recorded substantial gains over the last 24 hours, boosted by news of the peace deal between the United States and Iran.

Hyperliquid (HYPE) stands out among the top performers, with its price spiking by 12%. Some analysts believe it may jump even more in the following days, while others cautioned that the bears may soon regain control.

Going Higher?

In early June (when the broader crypto market was bleeding heavily), HYPE exploded to an all-time high of around $75. However, the historic peak was short-lived, and the price headed south to around $53 in the following days, influenced by bearish factors such as Arthur Hayes’s decision to dump all his positions in the asset.

Currently, though, the asset trades at around $68, representing a 28% increase from the local bottom. Moreover, its market capitalization has surged past $15 billion, and thus HYPE re-entered crypto’s elite top 10 club after surpassing the OG meme coin Dogecoin (DOGE).

According to some analysts, the recent pump to almost $70 simply marks the early stages of a much larger upward move. X user Cozy the Caller thinks that HYPE “just goes straight to $100 from here.”

KNIGHT and Owl Prints were also optimistic. The former projected a rise above $110 in the coming months, while the latter argued that reclaiming $64.60 (which, for the moment, seems to be the case) “opens up a clean run toward previous cycle peaks.”

The Bearish Outlook

Last week, many market observers spotted the formation of a head-and-shoulders pattern on HYPE’s chart, which has historically been a precursor to a pullback.

Several hours ago, Ali Martinez opined that the recent price action has seemingly shaped the right shoulder of that structure, labeling $65 as the key resistance level. He also warned that losing $54 could trigger a major correction down to $40.

HYPE’s current Relative Strength Index (RSI) raises the possibility of a sudden price drop. The technical analysis tool runs from 0 to 100, and ratios above 70 signal that the asset is overbought and due for a potential pullback. As of this writing, it stands at 93, showing that the valuation has surged in an unhealthy manner.

The next bearish element worth mentioning is HYPE’s exchange netflow. Over the past three days, investors have moved some of their holdings from self-custody to centralized platforms, with inflows outpacing inflows. This increases immediate selling pressure.

The post Hyperliquid (HYPE) Soars 12% in a Day: More Gains Ahead or a Bull Trap? appeared first on CryptoPotato.

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Ethereum has surged nearly 6% and attracted fresh whale buying after a reported U.S.-Iran peace agreement improved risk sentiment across global markets.

Summary

• A wallet reportedly linked to Arthur Hayes received 3,000 ETH worth $5.42 million as Ethereum rallied following news of a U.S.-Iran peace agreement.
• Ethereum climbed nearly 6%, while another whale, geministar.eth, accumulated 21,136 ETH worth about $37 million from Binance.
• Technical indicators show ETH breaking above a multi-week downtrend, with analysts eyeing the $1,850-$1,860 resistance zone.

According to on-chain tracker Lookonchain, a wallet possibly linked to BitMEX co-founder Arthur Hayes received 3,000 ETH worth approximately $5.42 million from market maker Flowdesk on June 15. The transfer came as Ethereum rallied alongside other cryptocurrencies following signs that tensions in the Middle East may be easing.

The purchase follows a period in which Hayes had been reducing exposure to several altcoins. In his June 8 essay titled Reality Test, the Maelstrom chief investment officer disclosed that he had sold positions in Hyperliquid, Near Protocol, Worldcoin, and Zcash.

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Hayes described the moves as a defensive response to macroeconomic risks rather than a rejection of those projects, while noting that Bitcoin and Ethereum remained among his core holdings.

Ethereum extends gains as risk appetite returns

Support for risk assets strengthened after U.S. President Donald Trump announced that a peace deal with Iran had been completed. Trump said shipping traffic through the Strait of Hormuz had resumed and that vessels carrying oil were once again moving through what he described as a secure route.

The development triggered a sharp decline in energy prices. Crude oil fell more than 5% to around $80.53 per barrel, easing concerns that disruptions in one of the world’s most important energy corridors could fuel inflation and weigh on financial markets.

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Ethereum responded strongly to the change in sentiment. At press time, ETH traded near $1,828 after climbing almost 6% over the previous 24 hours. The move pushed the asset to its highest level in more than a week and helped it outperform several major cryptocurrencies during Monday’s session.

Large investors appeared to be adding exposure during the rally. Separate data shared by Lookonchain showed that wallet address geministar.eth purchased 21,136 ETH worth roughly $37.05 million from Binance through a series of transactions on June 15.

Technical indicators point toward $1,850 test

Price action has also improved from a technical perspective. On the daily chart, Ethereum has broken above a descending trendline that had capped rallies since late April. The move places ETH above the upper boundary of a bearish flag structure that had formed during the decline from roughly $2,400.

Momentum indicators have started to recover as well. The daily MACD has produced a bullish crossover, while the Chaikin Money Flow indicator has been moving higher, signaling that selling pressure is fading.

Additional upside could depend on whether Ethereum clears a key resistance zone near the 0.618 Fibonacci retracement level around $1,858. A successful move above that area would strengthen the argument that the recent breakout is invalidating the bearish flag pattern rather than confirming it.

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Meanwhile, crypto analyst Ali Martinez pointed to a potential ascending triangle breakout on Ethereum’s four-hour chart. According to Martinez, confirmation of the pattern projects a move toward $1,850, placing the target almost directly in line with the resistance area currently being tested.

Even before the latest purchase, Hayes had maintained an optimistic outlook on Ethereum. In a June market thesis, he projected that ETH could reach between $10,000 and $20,000 before the current market cycle ends, citing expected liquidity growth and Ethereum’s position within decentralized finance.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Most of the crypto sector climbed over the past seven days, yet meme coins slipped 1.1% and split beneath the surface. That divergence is where the meme coins to watch are hiding.

On-chain positioning now tells a sharper story than price. One token is cooling from a record high, another shows whales accumulating then booking profit, and a third has smart money buying the dip whales are selling.

BinanceLife (币安人生)

BinanceLife, known in Chinese as 币安人生, is interesting precisely because its timeframes disagree. The token is up more than 73% over 30 days, down about 12% on the week, yet up roughly 4% on the day. That conflict captures a meme coin still trending up but fighting heavy short-term volatility.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

It draws its entire narrative from the shared name with CZ’s memoir, with no utility or roadmap behind it. That makes positioning, not fundamentals, the only real guide to where it goes next.

The flows split sharply. Exchange outflows hit $1.2 million over seven days, a classic accumulation pattern as tokens leave exchanges for private wallets. Top profit-taking traders added $910,000 across 25 proven wallets. That is the bullish core.

The risk sits opposite. Multiple whales trimmed positions, one mega-holder sold 356 million tokens, and the top two wallets control roughly 63% of supply. Concentration is the hazard to watch.

The chart frames the next move. After topping near $0.90 on June 7, BinanceLife has corrected inside a descending channel, and its latest push higher was met by sellers (possibly whales) at the channel top. The 20-period exponential moving average, a trend gauge that weights recent prices, sits near $0.68. Holding it keeps $0.69 and then $0.73 in play, and a break above $0.73 would end the bearishness and open a move toward $0.80.

Losing $0.68 puts $0.63 in focus. That level decides whether accumulation or distribution wins.

Pepe (PEPE)

Pepe earns its spot among the meme coins to watch on a clean conflict between whale accumulation and profit-taking. The token is up about 5.2% over seven days and 2.8% on the day, a steady climb that is now drawing sellers.

The on-chain story is the hook. Whale supply, the share held by the largest wallets with exchanges excluded, jumped sharply on June 14, rising from roughly 181 trillion to about 183.6 trillion tokens. That addition is worth close to $7.5 million at current prices, a clear accumulation spike.

Then it turned. Whales have started trimming that fresh stash, easing back toward 183 trillion as the price pushed higher. That sequence, buying hard and then booking profit into strength, is the pattern that defines the week. How deep the profit-taking runs is the question.

The chart sharpens it. Pepe has rebounded almost 17% from its June 6 low near $0.00000252, but volume has thinned steadily since June 12 even as price climbed. Falling volume on a rising price is a bearish divergence, a sign buyers are losing force into resistance.

That resistance sits at $0.00000300, the level where whale selling could cap the move. A daily close above it would show buyers absorbing the distribution, opening a path toward $0.00000331. Failing there hands control back to the sellers trimming their stash. That tug-of-war is what makes Pepe one of the meme coins to watch.

Official Trump (TRUMP)

Official Trump is the macro-sensitive name among the meme coins to watch, tied closely to the US-Iran peace-deal narrative that has driven sentiment since early June. If that deal weakens, TRUMP could see a sharp sentiment swing, which makes its positioning worth tracking now.

The token has been hammered, trading near $1.99 against the $4.50 high it reached in March. A rebound stalled near $2.38, but selling pressure is now easing, which hints the next pullback may be shallower if flows cooperate.

The flows are split but lean constructive. On Hyperliquid perpetual futures, smart traders hold a roughly 3-to-1 long bias and top profit-taking traders added $158,000 over seven days, an inflow running far above their average. That is aggressive accumulation from historically winning wallets.

The offset is whale behavior. Whales cut about $393,000 over the week and one large holder shed 417,000 tokens, while exchange inflows of $457,000 hint at sell pressure. Smart money is buying the dip that whales are selling into.

The chart sets the test. Reclaiming $2.20 keeps the recovery alive, and if smart money holds while whales stay sidelined, $2.64 and $2.99 come into view.

Only a break above $3.35 would end the broader downtrend, which looks distant. If smart money flips to selling alongside the whales, $1.49 returns to the table. That balance makes Official Trump one to watch.

The post 3 Meme Coins to Watch in the Third Week of June 2026 appeared first on BeInCrypto.

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Standard Chartered's research division initiated coverage of Uniswap, the largest decentralized exchange, with a thesis that ties its governance token to the institutional tokenization wave. The bank's Geoff Kendrick, global head of digital assets research, argues Uniswap is positioned to become… Read the full story at The Defiant

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Pudgy Penguins CEO Lucas Netz claims his mobile game app Pudgy Party lost the NFT firm millions of dollars before it was shuttered last weekend.

The company announced the closure last Friday. It didn’t explain why Pudgy Party was shuttered, only that its web-based game, Pudgy World, is set to exceed Pudgy Party’s metrics. 

“[Pudgy Party] being wholly ours, has everything we need to make it the flagship gaming product of the Pudgy Penguins universe,” the company said.

However, in a follow-up meeting with Pudgy Penguin NFT holders, Netz revealed the key numbers leading to Pudgy Party’s closure. 

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Read more: Web3 collapse accelerates as eight games fail this year

According to X user and Pudgy Penguin holder @ChefJames_, Netz claimed that the game had lost the firm millions of dollars and that if it were to continue, it would cost it another $2.5 million. 

Netz added that the game experienced a few short months of popularity before its player count sharply dropped to somewhere between 200 and 300 active users.

Pudgy Party promised users more money than a minimum wage job

Pudgy Party was a third-person platformer that drew inspiration from reality show obstacle courses such as Total Wipeout, and was similar to the game Fall Guys, which itself saw player count highs of 172,026 on Steam. 

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Developed by Mythical Games and launched in August 2025, the game’s monetization system involved selling skins of the game’s penguin character, which buyers could trade.  

Some of these listed skins were on offer for up to $100,000 despite possessing an actual value (floor price) of just 50 cents. During the game’s initial launch, some users were paying above $1,000 for skins, while others supposedly spent up to $5,000. 

At one point, Netz claimed that the skin system would allow users to make more money than a minimum wage job if they just played the game full time. 

Very few people have caught on to the fact that every skin you unlock in @PlayPudgyParty is tradable. I have a theory that if you played Pudgy Party full time you could make more than a minimum wage job. 💡 https://t.co/Dt5d81micg

— Luca Netz 🐧✳️ (@LucaNetz) September 2, 2025

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Read more: Pudgy Penguins removes ‘racist’ post after Manchester City complaint

As for what will happen to the skins, @ChefJames_ noted that during the Pudgy Penguin meeting, Netz claimed that there will be a portal put in place for rewards and that skins purchased for Pudgy Party will be transferable to Pudgy World.

More Pudgy Penguin closures to come?

Things could get worse for Pudgy Penguins with the possibility of more closures and cutbacks to come. Indeed, Netz warned that across the coming two weeks, “All Band-Aids will be ripped.”

Some users speculated that Abstact, the blockchain co-founded by Netz, will be on the chopping block next, but not everyone agreed. 

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During the meeting, Netz also claimed that Pudgy Party didn’t match the brand’s DNA, which is pushing for a social game, aka Pudgy World.  

Pudgy World was launched in March 2026 and is another attempt from the firm to create a web3 game. According to Netz, Pudgy World dwarfed Pudgy Party’s player count, with daily player counts up to 20,000. 

This game appears inspired by the once popular web game Club Penguin and attempts to recreate the same social experience, albeit with a 3D third-person perspective.

Like Pudgy Party, it also features an ecosystem based around buying and selling cosmetics. 

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Read more: Pudgy Penguins bets $500K on Vegas Sphere — PENGU still down 85%

Web3 games have been struggling lately, with a growing number shutting down due to low player counts and insufficient revenues.

Among these is Uncharted, the developer behind crypto-based game Fishing Frenzy, which announced that the two were shutting down today.

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.

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Kalshi has deployed an artificial intelligence agent to help decide which prediction markets to launch as trading activity on the platform has climbed to more than $5 billion in a single week.

Summary

• Kalshi has deployed an AI agent called Harrison to help evaluate and recommend new prediction markets.
• FIFA World Cup betting activity helped push Kalshi’s weekly trading volume to a record $5.1 billion.
• The platform’s expansion comes as U.S. regulators and states continue to dispute oversight of prediction market contracts.

According to a Bloomberg report, the prediction market operator has introduced an internal AI system called Harrison to assist with several day-to-day functions tied to its exchange.

The tool is being used to review news developments, monitor competing platforms, recommend new contracts for listing, and identify where liquidity incentives may be most effective.

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Bloomberg reported that Harrison forms part of Kalshi’s internal markets team and contributes to the process of evaluating potential contracts before they reach users.

Speaking to the publication, Kalshi co-founder Luana Lopes Lara said the company also employs an AI engineer whose work includes using AI systems to stress-test certification processes and identify possible weaknesses before markets go live.

The rollout comes as prediction markets continue to draw regulatory attention across the United States. State regulators have argued that some event contracts resemble traditional gambling products, while federally regulated exchanges maintain that they operate under commodities laws overseen by the Commodity Futures Trading Commission.

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Sports contracts fuel record activity

Trading volumes have accelerated alongside growing interest in sports-related contracts. According to Bloomberg, demand tied to the FIFA World Cup helped push Kalshi to nearly $18 billion in notional trading volume during May, citing data from Dune Analytics.

The same report stated that Kalshi recorded approximately $5.1 billion in volume during the first week of the tournament this month, setting a new weekly high for the platform. Sports markets have become one of the exchange’s fastest-growing categories, joining election, economic, and entertainment contracts that already attract significant user activity.

Elsewhere in the sector, sports wagering demand has also boosted activity on prediction market rival Polymarket. According to DefiLlama data, Polymarket generated around $1.46 million in fees over the last 24 hours and roughly $7.17 million during the previous seven days, placing it among the highest fee-generating crypto protocols during those periods.

Federal regulators challenge state enforcement efforts

At the same time, prediction markets remain at the center of an ongoing regulatory debate in the United States. As reported by crypto.news earlier, the CFTC has proposed new rules for prediction market platforms while also defending federally regulated exchanges against enforcement efforts by several states.

According to a lawsuit filed by the CFTC on Friday, the agency has sued New Mexico officials over efforts to apply state gaming laws to federally regulated prediction market exchanges. The regulator argued that event contracts listed on CFTC-registered exchanges fall under federal commodities law and therefore remain subject to its exclusive oversight.

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The filing follows New Mexico’s June 4 lawsuit against Kalshi, in which state authorities alleged the platform was offering sports betting without a license and allowing users aged 18 to 20 to participate despite the state’s minimum gambling age of 21.

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Paradigm has led a roughly $9 million funding round in El Dorado, a stablecoin-powered payments application built for Latin America. The deal pushes one of crypto's largest venture firms deeper into dollar-rails for emerging markets. The round was reported by The Block, which said Paradigm led the… Read the full story at The Defiant

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Cardano News: Charles Hoskinson is defending a 1,096 BTC allocation from Cardano’s early foundation structure, an amount worth roughly $454,000 when it was moved in March 2016 and approximately $70 million at current prices.

Hoskinson, speaking in a weekend video AMA focused on governance and treasury management, frames it as payment for a legitimate audit of the original ADA token crowdsale.

The asset appreciation is the problem: a plausible 2016 expense has become a $70 million line item with no public paper trail.

Thomas Braziel, Founder and Managing Partner of 117 Partners, is not accepting the narrative at face value.

Braziel wants invoices, service agreements, corporate approvals, payment records, and a custody trail showing which entities held the private keys.

His position, stated plainly: “The question was never whether audits cost money. The question was where 1,096 BTC went, who received it, and why.” That gap between Hoskinson’s explanation and verifiable documentation is what’s driving the dispute – and it is becoming one of the most visible crypto governance disputes of 2026.

Discover: The Best Crypto to Diversify Your Portfolio

Cardano News: Hoskinson’s Audit Defense, Three Reviewers, One 2016 BTC Allocation

Hoskinson’s account is specific. He traces the 1,096 BTC to a March 2016 request from Michael Parsons, then-chairman of the Cardano Foundation’s early Isle of Man Foundation structure.

The allocation was meant to cover a comprehensive audit of the ADA crowdsale, a multi-jurisdiction fundraise that ran from October 2015 to January 2017 and raised the bulk of its capital from Japanese investors, totaling roughly 108,844.5 BTC across four rounds.

With Bitcoin closing around $414 on March 13, 2016, the 1,096 BTC translated to approximately $454,000, not an implausible figure for complex, multi-round international compliance work. Hoskinson says the bill was split among three named reviewers: Parsons, John Maguire, and Bruce Milligan.

The steelman version of his position holds: a $454,000 audit fee for a cross-border token sale with significant Japanese retail exposure is within the range of defensible professional fees for that era.

The problem is that 2016 reasonableness doesn’t close a 2026 evidentiary question. Hoskinson has provided a narrative. He has not yet provided documents.

Braziel’s Demands: What the Paper Trail Needs to Show

Braziel’s background matters here. He is a bankruptcy claims investor, someone professionally accustomed to tracing asset flows through dissolved entities and incomplete records.

He began investigating after the Isle of Man Foundation was formally dissolved in December 2025, a dissolution that eliminated one of the primary custodians of relevant historical records.

His demands are concrete: official invoices and service agreements from Parsons, Maguire, and Milligan; board-level approvals authorizing the payment; and on-chain or ledger evidence showing which wallets received the 1,096 BTC and when.

He also questions whether a $454,000 audit bill, paid entirely in Bitcoin, split three ways, aligns with standard corporate audit practice for that period, stating that “the numbers just don’t seem to add up.”

Braziel has been explicit that he is not alleging theft or fraud. This is framed strictly as a transparency and record-keeping inquiry.

That framing is worth taking at face value, but it doesn’t make the evidentiary gap smaller. Former employees have reportedly contacted Braziel privately, which is the detail that signals this isn’t purely an external observer pushing on a closed case.

Isle of Man Foundation, Cardano Governance, and Why the Dissolution Matters

The Isle of Man Foundation served as one of the original holding structures for early Cardano crowdsale proceeds. The Swiss-based Cardano Foundation received a separate tranche, roughly 7,168 BTC, while the Isle of Man entity held the portion that includes the contested 1,096 BTC.

The formal dissolution of the Isle of Man Foundation in December 2025 means the entity that would have been the primary record-keeper no longer exists as a legal structure.

“You can dissolve an Isle of Man foundation under corporate law, but you can’t dissolve blockchain history. The closure of the Manx entity creates a dangerous accountability vacuum regarding the 1,096 BTC,” explained Samuel Cooling, an Isle of Man-based financial journalist.

“As a jurisdiction, the Isle of Man prides itself on compliance and transparency; therefore, seeing a legacy structure wind down without a clear, public handover of historical records is highly unusual. The onus is now entirely on the Swiss Cardano Foundation to prove that this transition wasn’t a corporate rug pull on historical transparency”.

That’s an accountability gap regardless of whether the underlying payments were legitimate. Community members have argued that the Cardano Foundation, which succeeded the Isle of Man structure, now bears responsibility for producing whatever historical records survive.

This dispute is not occurring in isolation: Cardano has already navigated a separate controversy around a 318 million ADA transaction from 2021, which prompted an independent 128-page audit by McDermott Will & Emery and BDO that cleared Hoskinson of misappropriation.

That audit raised the baseline expectation for documentary evidence on historical fund movements.

Hoskinson’s criticism of governance discussions playing out on X is noted; his call for “effective conversation” in Discord and structured forums is reasonable in principle. But telling critics to move off X while declining to publish source documents doesn’t resolve the underlying question.

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The post Charles Hoskinson Stands On $70M BTC Payment From 2016 Manx Entity: Critics Want the Paper Trail appeared first on Cryptonews.

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Billboards in Times Square celebrate the SpaceX IPO debut at the Nasdaq on June 12th, 2026.

Adam Jeffery | CNBC

Retail investors who clamored for shares in SpaceX‘s blockbuster initial public offering received only a fraction of what many had requested, and are already split on what to do with the stock.

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Across online investing forums, users complained of allocations as small as a single share despite requesting far larger amounts. Those who did receive stock are taking different approaches, with some selling into the company’s market debut while others are holding for the long haul.

Marvin Jung, a 51-year-old investor who requested 1,000 shares through Robinhood and received just 17, opted to quickly sell his stake after trading began.

“I have exited my position of SpaceX stock at $160,” Jung said. “It’s struggling too much and can’t find its footing. I’ll continue to watch and return in about six months when the lockup period is over.”

SpaceX shares rose another 6% on Monday, extending gains after the company’s record-breaking Nasdaq debut. The stock surged 19% on Friday to close around $161, up from its IPO price of $135 a share, lifting the company’s market value above $2 trillion.

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SpaceX since IPO

Ross Cameron, 41, founder of trading education platform Warrior Trading, also came away with far fewer shares than he sought. He initially requested 2,500 shares through Schwab before increasing the order to 4,250 shares ahead of the deadline. He ultimately received 147 shares at the IPO price of $135.

“I would’ve liked to have gotten more shares filled because it would’ve increased my total profit, but I understand the demand was very high,” Cameron said. “My plan is to hold the shares unless they break $150, and take profit if they get closer to $200 a share.”

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Cameron is also cautious about the months ahead, expecting a wave of selling pressure once lockup restrictions expire and additional shares become available for trading.

“I still think that the next six months will create a wave of selling due to the lockup expiration period,” Cameron said. “I don’t think there will be enough buying to support the current prices when those shares come onto the market.”

Most subscribed offering

The demand was intense across brokerage platforms. SoFi Technologies said SpaceX was “the largest and most subscribed offering” on its platform to date, adding that all qualified investors who requested shares received an allocation. Even so, many retail investors reported receiving only a fraction of the stock they requested.

Fidelity was also able to allocate shares to all eligible customers who sought to participate in the IPO, according to a source familiar with the matter, though some clients received fewer shares than requested given the SpaceX IPO demand was high relative to the available supply.

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Others are taking a longer-term view. Helaine Markham, co-owner of Markham Trading, received all two shares she requested in the IPO and intends to hold the stock.

Markham said she has not added to her position because she views SpaceX’s valuation as “aggressive” and expects additional volatility as lockup restrictions expire and more shares become available for trading. She plans to wait for further price discovery before potentially increasing her stake.

The mixed reactions highlight the challenge facing investors trying to value one of the market’s most closely watched companies. While some see SpaceX as a rare long-term opportunity tied to the growth of Starlink and commercial space exploration, others are wary of the company’s now $2 trillion valuation and are choosing to take profits early.

Symbolic one-share allocations

Justin Sacco, founder of Sacco Financial, received 11 shares through Charles Schwab after requesting 75. Rather than sell, Sacco added to his position after the stock started trading, purchasing four additional shares in the open market and bringing his total holdings to 15 shares.

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“I was certainly hoping to receive more than 11 shares after requesting 75,” Sacco said. “At the same time, considering the unprecedented demand for the IPO, I wasn’t shocked by the outcome. The fact that I received a meaningful allocation at all felt like a win.”

Sacco said he plans to hold these shares long term even though he has grown concerned about the lofty valuation.

Sacco’s experience was relatively fortunate compared with some retail investors. On Reddit’s WallStreetBets forum, users posted screenshots showing allocations of just a single share despite requesting hundreds or even thousands. Others joked that the tiny allocations amounted to little more than a souvenir from one of the most anticipated IPOs in recent memory.

CNBC has reached out to Robinhood, ETrade, Schwab for comment on retail allocation.

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