After Moo Deng and MEW were added to Robinhood’s U.S. platform, many people in the cryptocurrency market have started following them closely. Having them included is an important milestone for greater public awareness.
These memecoins built on Solana have done very well. Both tokens had big jumps in value, confirming that meme-based digital currency is being accepted by the general public.
Key-Takeaways:
- After appearing on Robinhood, both Moo Deng and MEW gained a lot, revealing that meme-focused tokens can now attract quite a bit of investor attention.
- Robinhood was able to add more listings to its platform thanks to changed US crypto rules which boosted the chance for Moo Deng and MEW to expand.
Rapid Price Appreciation Captures the Attention of the Market
The way investors treat Moo Deng and MEW has been nothing short of impressive. Because Moo Deng was inspired by a popular baby pygmy hippo meme from 2024, investors became immediately interested.
Gmoodeng!
This week, we’ve witnessed remarkable growth in both the token and our community here on X. A huge thank you to everyone for the fantastic memes and to @skultdao for the wonderful art. We have officially crossed:
– 40k followers on twitter
– Featured on @nytimes and… pic.twitter.com/VZZrrtR5Qf— Moo Deng | Fan Page (@MooDengSOL) September 25, 2024
Moo Deng rose by more than 836% in May 2025. Following its listing on Robinhood, the price of the coin rose again by 21% in just 24 hours, bringing its market cap to $230 million.
Both Moo Deng and MEW are parts of the larger meme coin movement, but represent various things. Although Moo Deng used the viral hippo meme, MEW (Cat in a Dog’s World) kicked off when the Solana meme coin trend was hot in March 2024. Throughout May, Mew saw its price increase by 52%, while it also rose almost 20% during the previous day.
Both Moo Deng and MEW’s performance metrics reflect that meme-based cryptos can have big swings and offer attractive rewards. People from many sectors became interested in these tokens because they link online culture with opportunities for speculation.
Robinhood’s Growth Into Meme Crypto Assets
The company’s decision to include Moo Deng and MEW suggests Robinhood is becoming more interested in cryptocurrency diversity. It shows that the company is still keen on capitalizing on the meme token craze.
It added Pepe coin to the platform in November 2024, showing this trend continues. After removing several cryptocurrencies last year, Robinhood now supports more than twenty on its platform.
Because of listing Moo Deng and MEW on Robinhood, these tokens now reach more investors who trade on the platform. Thanks to this mainstream platform integration, traders saw an increase in both liquidity and trading volume which is why prices shot up after the announcement.
More people may use Moo Deng and MEW because they enjoy the user-friendly experience and customer support given by Robinhood, even if they are not familiar with Solana-based tokens on complex trading platforms.
Cryptocurrency Regulation Favors New Advancements
The process for Moo Deng and MEW happens in a more favorable environment for cryptocurrencies. After Donald Trump won the presidency and pro-crypto members were put in government roles, the rules have opened up more for advancing digital asset projects and trading platforms.
As a result of this lifting of restrictions, Robinhood and other platforms are able to add more cryptocurrencies to their services, including Moo Deng and MEW. Since Gary Gensler, who introduced stricter rules for the crypto industry, decided to leave, the approach to regulating the crypto industry has become more flexible.
These kinds of innovative tokens from Moo Deng and MEW will see increased accessibility to major trading platforms as a result of these changes in regulations. With this environment, experimentation with cultural-inspired cryptocurrencies that could have been more closely watched before is now possible.
The market appears to have a strong interest in meme-themed cryptocurrencies following the listing of Moo Deng and MEW on Robinhood. They show that social media trends and internet culture can create real money opportunities, which interest both people curious about new trends
Conclusion
Moo Deng and MEW saw strong growth after Robinhood added them, mirroring the increasing number of new investors in meme cryptocurrency. These tokens rose sharply in value and in how much they were worth, all thanks to their cultural attractiveness. More favorable rules are giving these tokens a wider opportunity to be sold.
