Pudgy Penguins Soar! Crypto Jumps 10% After Robinhood Listing
PENGU, a token linked to Pudgy Penguins crypto, experienced a more than 10% surge after its listing on the Robinhood trading platform on March 13, 2025.
On March 14, 2025, Pudgy Penguins (PENGU) surged to $0.0065757 following its listing on the Robinhood trading platform rebounding sharply from a recent all-time low.
Over the last 24 hours, PENGU has gone up by 10.4%. It is currently trading at $0.0063501. In the past month, the Pudgy Penguins crypto has experienced a decline of more than 33%, with an all-time low of $0.0051498 on March 11, 2025. The token has, however, shown signs of recovery.
PENGU has a market cap of over $405 million, and its fully diluted valuation stands at nearly $500 million. Its trading volume was nearly $134 million, a 232.60% increase compared to the previous trading day.
Robinhood Listing Sparks Memecoins Surge
On March 13, Robinhood added PENGU and two other Solana-based memecoins, PNUT and POPCAT to its trading platform amidst the overall market downturn. The inclusion of these tokens is aimed at attracting crypto traders and investors even as Bitcoin struggles to maintain its position above $80,000.
Before the listing, all three tokens were trading near their lower range. POPCAT saw a larger spike, going up as high as 16% after its listing on the Robinhood platform. The memecoin is currently trading at $0.19, and Its market cap currently stands at more than $183 million.
Meanwhile, Peanut the Squirrel token saw the lowest gain compared to the other two tokens. PNUT went up around 8% following its listing on Robinhood. It is trading at $0.18 and its market cap currently stands at $177 million. PENGU, went up by 10.71% following its listing on Robinhood.
The recent meme coin rally is also due to the favorable regulation updated with the US SEC confirming that the meme coins are not classified as securities. This clarification has provided a level of confidence among traders and reinforced their legitimacy as digital collectibles.
The listing of (PENGU) on Robinhood marks a significant milestone for Pudgy Penguins. It increases its accessibly, visibility and credibility in the crypto market, and sparks the wave of buying activity from retailers and investors alike.
