Hassan Maishera
TL;DR
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MOODENG and MEW are some of the best performers in the market, adding over 20% to their values each in the last 24 hours.
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Their rallies came after Robinhood listed the two memecoins on its trading platform.
Robinhood Lists MOODENG and MEW
Stock and cryptocurrency trading platform Robinhood has added two Solana-based memecoins, Moo Deng and cat in a dog’s world (MEW), to its trading platform, making them available to its users in the United States.
Moo Deng is based on a baby pygmy hippo and is one of the best performers in the market this month. MOODENG added 28% to its value in the last 24 hours and now trades at $0.2968. The token skyrocketed over 836% in May to reach a market cap of $293 million.
Cat in a dog’s world (MEW), on the other hand, is a token based on cats. MEW is up 23% in the last 24 hours and now trades at $0.004454. The token has a $368 million market cap after its price rose 52% in May.
MOODENG and MEW are the latest memecoin additions on Robinhood as the Trump administration ushers in crypto-friendly regulation in the United States. The listings come after Robinhood added Pepe coin, another leading memecoin, to its platform in November 2024.
