Is there a thing called the 'Robinhood effect?'

Key Highlights Meme coins – POPCAT, PNUT, and PENGU gained momentum after Robinhood announced their listing, driving investor interest despite broader market weakness. POPCAT surged 13.67% and is eyeing a breakout above $0.248, while PNUT saw an 8.50% rise, with holders and open interest surge.

PENGU, the Pudgy Penguins crypto has soared more than 10% after it was listed on Robinhood trading services. According to data from crypto.news, PENGU (PENGU) has gone up as high as $0.

Meme coins have struggled to regain momentum despite the recent listing of PENGU and PNUT on Robinhood. While these tokens were expected to surge, their price action has remained subdued, reflecting broader skepticism in the market, especially around meme coins.

Robinhood has listed memecoins Pengu (PENGU), Pnut (PNUT) and Popcat (POPCAT) as the online brokerage doubles down on cryptocurrency trading, it said on March 13. The listings mark Robinhood's latest effort to expand its crypto offerings and compete with incumbent exchange Coinbase.

Robinhood has expanded its meme token offerings by adding POPCAT, PENGU, and PNUT to its trading platform. The announcement follows previous listings of meme coins such as PEPE, BONK, WIF, and SHIB.

Animoca's digital asset advisory business comprised $165 million out of the $314 million bookings the firm logged in the fiscal year.

The top NFT collections are all green in the last 24 hours.

The NFT market has fallen alongside a broader crypto selloff, with Bitcoin tumbling to $85,000 and Ethereum dropping to $2,200. According to CryptoSlam data, NFT markets saw total sales volume fall to $107.1 million, marking a 28.

The Pudgy Penguins NFT project will debut an animated Youtube series titled “Lil Pudgys” in Spring 2025, produced in collaboration with digital content studio Thesoul Publishing. Pudgy Penguins NFT Project Launches Animated Youtube Series The series, announced Tuesday, follows four penguin characters—Atlas, Eureka, Snofia and Springer—living in UnderBerg, a fictional iceberg world.

Bybit has announced the launch of its largest airdrop campaign to date, distributing 45 million Bybit Web3 Points to engage its community of over 3 million players.

The NFT market has rebounded despite crypto price weakness, with Bitcoin dipping to $96,000 and Ethereum unable to break past $2,700, hovering around $2,600. As per the latest CoinMarketCap, the global crypto market cap has dropped to $3.

Antoine Mingo, the original artist for Pudgy Penguins, has founded his own NFT collection on Berachain—this time with creative freedom.

Beyond PENGU, airdrops from Dymension, Omni Network, zkSync, and LayerZero boosted Pudgy Penguins holders' earnings significantly throughout 2024.

What if the next meme coin explosion is happening right now? Investors are constantly hunting for the next viral crypto that could yield astronomical gains.

The NFT market continues its downward trend even as crypto prices stabilize.

Pudgy Penguins token is showing signs of bottoming out after crashing nearly 90% from its all-time high. Pudgy Penguins (PENGU) price rose to $0.011 on Friday, up by almost 20% from its all-time low.

Trading for these Solana-based tokens is set to begin on or after 9 AMPT on February 13, 2025, provided liquidity conditions are met. These new additions continue Coinbase's push to expand its offerings, especially within the growing Solana ecosystem.

Coinbase announces support for POPCAT and PENGU, leading to price surges and increased trading volumes while introducing perpetual futures trading.

Upbit followed Binance's example and allowed trading services with TRUMP.

PENGU and POPCAT will available for trading on Coinbase starting Feb. 13 at 9:00 AM PT (17:00 UTC), boosting both tokens' prices.

Newly launched altcoins often receive a lot of hype, resulting in their initial price jumps. However, historical data reveals that most of these face a sell-off right after that, continuing for weeks or even months.

Coinbase, the third-largest centralized exchange by trading volume, has announced the listing of Popcat (SOL) (POPCAT) and Pudgy Penguins (PENGU) on the Solana (SOL) network.

The total market capitalization of the meme coin niche tanked to approximately $75 billion.

Memecoins PENGU and TRUMP are facing heavy losses and, nobody knows what's coming next.

The NFT market has pulled back sharply alongside a broader crypto selloff, with Bitcoin falling to $96,000 and Ethereum tumbling to $2,600. The latest data shows that the overall crypto market cap has contracted to $3.

The saga began after the Dec. 5 announcement of PENGU, the project's Solana-based memecoin, which initially sparked a rally in NFT prices.

Coinbase put three new assets on its listing roadmap: PENGU, POPCAT, and MORPHO. This announcement only caused momentary price gains for all three tokens, possibly suggesting that the market is less interested.

Cryptocurrencies on Feb.7, 2025, traded largely mixed. While several altcoins, including Flare (FLR) and Ripple (XRP), gained, recent outperformers such as Pudgy Penguins (PENGU), Bittensor (TAO) and Hyperliquid (HYPE) struggled with downside pressure. Bitcoin's retest of the $100k level was brief as the price retreated to below $98k.

Coinbase announces plans to list three new altcoins – POPCAT, PENGU, and MORPHO – following recent additions of popular memecoins, signaling expanded trading opportunities.

Pudgy Penguins recently burned over $150 million in unclaimed Solana tokens after ending its PENGU token claim earlier than expected.

Coinbase has announced plans to introduce perpetual futures contracts for three digital assets—PENGU, Popcat, and Helium (HNT). The new markets will launch on Coinbase International Exchange and Coinbase Advanced on February 13, 2025.

Coinbase, the top U.S.-based cryptocurrency exchange, has announced trading support for perpetual futures for Pudgy Penguins, Popcat, and Helium. On Feb. 6, Coinbase said it will add support for Pudgy Penguins (PENGU), Popcat (POPCAT) and Helium (HNT).

Pudgy Penguins recently burnt 12 billion PENGU tokens but the move did not prevent an 11.5% drop in token price.

Pudgy Penguins burned unclaimed Solana airdrop tokens earlier than originally planned, and PENGU's price dipped lower afterwards.

After a somewhat difficult start to the week, stablecoins, meme coins, and the crypto market in general saw a glimmer of light yesterday, with the introduction of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Introduced by US senator Bill Hagerty, the bill aims to establish a regulatory framework for stablecoins.

The crypto trenches were lined with disappointment as Trump's tariffs nuked the charts. Can Dogecoin and other meme coins withstand a full-blown trade war?

Here is how some of your favorite assets concluded the week.

The NFT market has pulled back alongside broader crypto weakness, with Bitcoin falling to $101,000 and Ethereum dropping to $3,200. Latest CoinMarketCap data shows that the overall crypto market cap has slipped to $3.5 trillion from last week's $3.

With just five days left in the claim period, time is running out. Those who haven't grabbed their share of the popular token need to act fast.

CEO Luca Netz said that If it's not fun and viral, there's no reason to build on Abstract.

Smart buyers are looking at cheap tokens with much room to grow as the cryptocurrency market gets ready for its next big rise

During the first days of launch, Abstract, the layer-2 of Ethereum launched by Pudgy Penguins, is encountering difficulties in gathering liquidity.

Just $33 million worth of ether and stablecoins is currently deployed on Abstract.

The likely scenario for the Pudgy Penguin memecoin was a bounce to to collect liquidity before continuing its downtrend.

The crypto market's recovery has not benefited all altcoins, as some continue to face sharp declines. While Bitcoin holds steady at $102,200, several altcoins remain in a downtrend, struggling to regain momentum.

PENGU price has plunged nearly 26% in the last 24 hours, reaching its lowest levels ever. Once the biggest meme coin on Solana, it has now been overtaken by TRUMP, BONK, and DOGWIFHAT.