Market Cap: $3.4163T -1.550%
Volume(24h): $133.3849B -8.180%
  • Market Cap: $3.4163T -1.550%
  • Volume(24h): $133.3849B -8.180%
  • Fear & Greed Index:
  • Market Cap: $3.4163T -1.550%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$108452.054690 USD

-1.13%

ethereum
ethereum

$2760.321956 USD

-0.75%

tether
tether

$1.000038 USD

0.00%

xrp
xrp

$2.249970 USD

-1.61%

bnb
bnb

$667.438855 USD

-0.21%

solana
solana

$160.026292 USD

-2.50%

usd-coin
usd-coin

$0.999802 USD

0.00%

dogecoin
dogecoin

$0.192224 USD

-1.67%

tron
tron

$0.276432 USD

-4.81%

cardano
cardano

$0.694606 USD

-2.41%

hyperliquid
hyperliquid

$41.404755 USD

0.55%

sui
sui

$3.352021 USD

-2.91%

chainlink
chainlink

$14.757478 USD

-2.66%

avalanche
avalanche

$21.452376 USD

-3.00%

stellar
stellar

$0.277006 USD

-0.77%

Cryptocurrency News Articles

Robinhood Lists Two Solana-Based Meme Coins, Moo Deng (MOODENG) and Cat in a dogs world (MEW)

May 23, 2025 at 10:22 pm

Trading in both cryptocurrencies is now available available for Robinhood customers in the United States.

Robinhood Lists Two Solana-Based Meme Coins, Moo Deng (MOODENG) and Cat in a dogs world (MEW)

Popular investing app Robinhood has listed two Solana-based meme coins, Moo Deng (MOODENG) and Cat in a dogs world (MEW). Both cryptocurrencies are now available for trading to Robinhood customers in the United States.

The listing had a beneficial impact on both cryptocurrencies, as MOODENG is up 6.6% in the last 24 hours, while MEW gained a whopping 21% in the same time period.

Listings on popular exchanges can lead to substantial price increases for cryptocurrencies, especially when it comes to major platforms like Binance, Coinbase and Robinhood. Listings are especially important for meme coins, as their utility is typically limited to speculative trading.

The meme coin listings appear to be a part of Robinhood’s efforts to expand its cryptocurrency offering. Analysts at Bernstein recently estimated that Robinhood controls roughly 30% of the retail cryptocurrency market in the United States. The analysts also predicted that Robinhood stock will hit $105 by May 2026, which would represent a 64% increase compared to its current price.

Both MOODENG and MEW are relatively typical examples of meme coins. They are both issued on the Solana blockchain, have an animal mascot, and don’t promise any utility. Despite their lack of utility, both MOODENG and MEW are among the top 200 largest crypto assets by market capitalization.

MOODENG has been a tremendous performer recently, as it’s up 625% against the US dollar in the last month. In this time period, MOODENG has recorded the biggest gains among the top 200 cryptocurrencies by market capitalization. However, despite this surge, the token is still down roughly 60% from its all-time high.

MEW has also excelled in the last 30 days, gaining 55%. However, the token still has a long way to go to match its $0.012 peak, as it is currently trading 66% below its all-time high.

Robinhood’s listing announcement likely had such a positive impact due to a broader sentiment shift back in the favor of meme coins. Although the meme coin trend slowed down significantly in the first few months of the year, meme coins have been displaying a comeback recently. In the last 30 days, several notable meme coins have increased in price by 100% or more:

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 12, 2025