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Cryptocurrency News Articles

meme coin market rally catches investors' attention

May 23, 2025 at 04:51 pm

The overall meme coin market rally has caught investors’ attention, with two Solana-based meme assets, MOODENG and MEW

meme coin market rally catches investors' attention

Two Solana-based meme assets, MOODENG and MEW, have seen a 30% surge today following their inclusion on the popular Robinhood platform.

This latest development in meme coin integration on the platform comes as the regulatory landscape becomes more favorable under the leadership of US President Donald Trump. Notably, these are not the first meme coins to appear for trading on the Robinhood exchange.

Back in November, Robinhood expanded its offerings by adding Pepe coin (PEPE) to its trading platform, tapping into the growing interest in these assets. Following today’s development, PEPE price is also up by another 12%.

The app currently supports over 20 cryptocurrencies, following a previous decision to delist several tokens in 2023 during increased regulatory scrutiny under former SEC Chair Gary Gensler.

Moodeng price jumps 30% intraday, mew follows

Following the Robinhood announcement, MOODENG price shot nearly 30% to $0.32, while extending its gains over the last 15 days to a massive 700%. Today’s price surge comes with 138% jump in daily trading volume to $830 million, while the MOODENG futures open interest has shot up by 45% to more than $300 million, hinting at strong bullish sentiment among traders.

At $0.32, MOODENG faces strong resistance as of now. However, crypto market analysts believe that crossing this threshold could lead to a 100% upside from here onwards. Furthermore, discussions around the meme coin hitting $1 once again have also gathered steam.

If you think #MOODENG had enough — zoom out.

Still over 100% potential upside to reclaim its previous all-time high.Momentum’s strong. Don’t fade the mood. 🧠📈pic.twitter.com/yvTj0mgleK

— MemecoinWire (@memecoinwire) May 23, 2025

Cat in a Dog’s World (MEW), a cat-themed token born out of the Solana meme coin craze, launched in March 2024. The token’s market cap has climbed to $368 million following a 52% price surge in May. Over the past 24 hours, it has gained nearly 20%, reflecting strong momentum.

The meme-inspired cryptocurrency $MEW has reclaimed the Point of Control (POC), representing the most traded value of its total trading range. This milestone comes on the heels of its recent listing on Robinhood, a move that has significantly boosted its visibility and trading volume.

$MEW just reclaimed the POC (most traded value) of the total range with it's Robinhood listing and while $BTC is consolidating after it's massive new ATH pump, it gives alts room to grow$MEW is in the SOL pool, so it can really fucking fly quick now. there is not much… pic.twitter.com/J9B8clPPiq

— Optimus (sunrunning) (@OptimusVibee) May 23, 2025

At press time, MEW is trading at $0.004588, with its daily trading volume shooting 437% to $322 million. Additionally, the Coinglass data shows that MEW futures open interest has shot up by 125% to more than $72 million, highlighting a strong bullish undercurrent.

Note: this is a sponsored message from our partners

As Ethereum leads the current altcoin market surge, Mind of Pepe (MIND), an Ethereum-based meme coin, is quickly emerging as a standout contender. Unlike traditional meme coins fueled solely by hype, MIND integrates real-world utility with a self-learning AI agent that delivers exclusive market insights to its users.

Mind tokenomics and presale highlights

Mind of Pepe introduces its ERC-20 token, MIND, which offers access to an AI-powered dashboard, early-stage token investment opportunities, and governance rights to influence platform development. The token’s staking mechanism, with an annual yield of 256%, has been particularly appealing to long-term investors.

Key presale details include:

The presale, which ends in 11 days, has locked billions of MIND tokens in anticipation of the mainnet launch. Speculation around a potential price hike post-presale adds urgency for investors eyeing AI-integrated meme tokens.

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Other articles published on Jun 08, 2025