Will MOODENG Reach $0.1 and MEW Hit $0.002 After Robinhood Listing?

Robinhood has taken a major step in diversifying its asset roster by adding two new tokens, MOODENG and MEW, to its trading platform. The announcement has stirred significant interest within the crypto community. 

Robinhood’s platform now includes these new and emerging digital assets that are part of its larger plan to draw in a more diverse user base. This decision indicates that the company is aiming to accommodate all types of investors, especially those who are keen in alternative tokens.

Robinhood Expands Offerings with MOODENG and MEW

The launch of MOODENG and MEW on Robinhood’s Legend platform has opened new doors for traders to engage with these meme coins built on Solana. 

This is a clear sign of Robinhood’s commitment to offering a wide range of assets to its customers, which in turn reflects its ongoing efforts to be a player in the competitive crypto market.

MOODENG and MEW Attract Attention After Listing

The assets MOODENG and MEW have both become more attractive to the investors as the speculations on their price movements have risen. Though both of them are still in the general crypto market bearish trend, they have proved their strength by getting back the important support zones

The MOODENG token has decreased by 4% in the last 24 hours, trading at $0.07706. However, there’s optimism, as the price could rise towards the $0.1 mark if bullish momentum kicks in following the Robinhood listing.

In a similar, the trading volume of MEW has increased by more than 30% in the last 24 hours. MEW continues to be in a bearish pattern, but there is a chance of a rally if it manages to overcome its resistance and go up.

Analysts point out that if the price stays above the current support levels. MEW price might get a huge boost in price and could even target $0.002 in the short run.

Although the entire crypto market is still in a bearish mood, it resulted in a 1.12% drop in the last 24 hours. The listing of MOODENG and MEW has brought a bit of light to these tokens.

Other major assets, including the price of Bitcoin and Ethereum (ETH), are also facing downward pressure. The BTC is hovering below $100,000, as the ETH is struggling to hold above $3,000.

Nonetheless, the amplified trading volume and a minor rebound in the case of both MOODENG and MEW signify that these tokens are not giving up easily despite the overall market decline. 

MOODENG and MEW Show Signs of Recovery

Both MOODENG and MEW cryptocurrencies are eyeing a short-term recovery at this time, despite the market’s larger bearish trends that still prevail. 

Their substantial trading activities and a potential upside correction have placed the two tokens on the radar of crypto fans who are widely speculating about the Robinhood listing being the main factor for the further growth of MOODENG and MEW.