Robinhood, a popular platform for crypto and stock trading, has recently listed three new meme coins—POPCAT, PENGU, and PNUT—amid a generally downtrending crypto market. Following the listing announcement, these tokens saw significant price increases, with some rising by as much as 15% within hours.
On March 13, 2025, Robinhood confirmed via its X handle that POPCAT, PENGU, and PNUT are now available for trading. The listing has sparked mixed reactions within the crypto community, with some critics arguing that the platform has lowered its standards for listing criteria, while others questioned the timing of the announcement.
The PENGU token, launched by the Pudgy Penguins team, a well-known NFT collection, has made a strong impact on the crypto world, with over 50 billion views and appearances in major ETF commercials. POPCAT and PNUT, on the other hand, are typical meme coins but have seen a surge in trading volumes on other platforms like Bybit and Raydium, further justifying their Robinhood listing.
At the time of publication, POPCAT was trading at $0.1788, reflecting a 15% increase in the past 24 hours. The token reached a high of $0.1929, marking a 23% rise within hours. Both PENGU and PNUT also saw gains of approximately 5% following the announcement.
Despite a general cooling of sentiment surrounding meme coins, Robinhood’s listing of these three tokens has reignited excitement in the community, marking a notable event in the ongoing evolution of meme-based cryptocurrencies.
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