PENGU, associated with the Pudgy Penguins cryptocurrency, has surged by over 10% after its inclusion on Robinhood’s trading services.
Data reveals that PENGU (PENGU) has reached a peak of $0.0065757, rebounding from its recent all-time low just three days earlier. This price increase follows its listing on the Robinhood trading app on March 13.
Over the last 24 hours, PENGU has risen by 10.4%, currently trading at $0.0064. Despite experiencing a decline of more than 33% in the past month and hitting an all-time low of $0.00515 on March 11, the Pudgy Penguins cryptocurrency is showing signs of recovery.
PENGU now boasts a market capitalization exceeding $405 million, with a fully diluted valuation nearing $500 million. The trading volume for PENGU has approached $134 million, marking an increase of 232.60% compared to the previous trading session.
In comparison, POPCAT (POPCAT) experienced an even greater increase, soaring by 16% following its listing on Robinhood. This cat-themed meme coin is currently priced at $0.19, with a market cap exceeding $183 million.
On the other hand, the Peanut the Squirrel (PNUT) token saw the least gains among the three, rising by around 8% since the Robinhood listing announcement, bringing its price to $0.18. The market cap for PNUT is currently valued at $177 million.
PENGU was listed on Robinhood’s trading platform on March 13, alongside the other Solana-based memecoins PNUT and POPCAT. Earlier, in February, PENGU also made its debut on Coinbase at the same time as Popcat.
The Coinbase listing provided a comparable boost to the token as the Robinhood listing, with PENGU climbing by 10.71% following the announcement.
Launched in December 2024, PENGU serves as the native token for the well-known Ethereum (ETH)-based NFT collection Pudgy Penguins. The cryptocurrency was initially released with a maximum token supply of over 88 billion.
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