In style crypto and inventory buying and selling platform, Robinhood has introduced itemizing of three new meme cash – POPCAT, PENGU and PNUT amid total downtrend inside the crypto market. Following the itemizing, these tokens’ value pumped as excessive as 15% inside hours.
Robinhood posted on X deal with that POPCAT, PNUT and PENGU are actually obtainable to commerce on its buying and selling platform. The itemizing has obtained combined reactions from the crypto neighborhood with some commenting that they’ve dropped requirements for itemizing standards whereas some arguing over the timing.
PENGU token was launched by Pudgy Penguins staff, a preferred NFT assortment, which has a robust cultural presence in crypto. It has been featured in main ETF commercials and it has been seen by greater than 50 billion customers.
POPCAT and PNUT, alternatively, are typical meme cash. They’ve seen important buying and selling quantity will increase on platforms like Bybit and Raydium, which displays heightened market exercise and suits for itemizing on Robinhood.
On the time of writing, POPCAT is buying and selling at $0.1788 – up 15% up to now 24 hours whereas it pumped as excessive as $0.1929, pumping 23% in hours. PENGU and PNUT additionally pumped to the respectable features of 5% because the itemizing information hits the market.
Whereas meme cash are actually witnessing a cooled down sentiment, Robinhood’s itemizing of those three meme cash has sparked pleasure inside the neighborhood.
Additionally learn: Cardano Price at War as ADA ETF Drama Unfolds: Crypto Analyst
