Robinhood Adds Four Crypto Tokens to Trading Platform
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 07 2025
Robinhood's New Listings: On August 6, 2025, Robinhood Markets, Inc. listed XLM, BONK, PENGU, and PNUT on its trading platform, leading to immediate price drops for these tokens amid high trading volumes and increased market volatility.
Market Reaction: The overall cryptocurrency market experienced declines, with major coins like ETH and BTC also showing volatility, reflecting a trend of initial sell-offs following new exchange listings, despite predictions of potential short-term price spikes for the newly listed assets.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
