Share this article
Memecoin Moo Deng, MEW Surges After Robinhood Listing
Both tokens jumped on the news, adding to their already large gains this month.
Updated May 23, 2025, 3:30 p.m. Published May 22, 2025, 9:27 p.m.
What to know:
- Robinhood has added two Solana-based memecoins, MOODENG and MEW, to its cryptocurrency offerings for U.S. customers.
- MOODENG, inspired by a baby pygmy hippo meme, has reached a $230 million market cap, surging over 836% in May.
- MEW, launched during a Solana meme coin frenzy, now holds a $368 million market cap after a 52% price increase in May.
Robinhood has added two Solana-based memecoins, Moo Deng and cat in a dog’s world , to its suite of cryptocurrencies available to trade for U.S. customers.
Moo Deng, which is based on a baby pygmy hippo, has risen to a $230 million market cap this month after the meme went viral online in 2024. The token skyrocketed over 836% in May and jumped another 21% over the past 24 hours.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Cat in a dog’s world, on the other hand, is a token based on cats, which launched in March 2024 as part of a Solana meme coin frenzy. The token stands at a $368 million market cap after its price rose 52% in May. It is up nearly 20% over the past 24 hours.
The latest inclusions add to Robinhood’s list of meme coins, and the regulatory landscape is becoming much more flexible after the nomination of several pro-crypto government leaders and President Donald Trump's U.S. election win last year.
In November, Robinhood added the trading of Pepe coin , another popular meme coin. The trading app currently offers over 20 cryptocurrencies after previously ending support for several tokens in 2023 amid a crackdown on crypto by the former Securities and Exchange Commission Chair, Gary Gensler.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin derivatives point to broad price range play between $85,000-$100,000
BTC options flow points to expectations for a broad range play rather than a massive surge or crash.
What to know:
- Bitcoin's derivatives market shows stability, with strong support at $85,000 and resistance between $95,000 and $100,000.
- Traders are selling put options at $85,000, indicating confidence that bitcoin won't fall below this level soon.
- Call options are being sold at $100,000.
Top Stories
