On August 5, 2025, Robinhood listed the meme coin FLOKI, elevating its market cap to over $1 billion. However, the price of FLOKI increased by only 2%.
Addition of FLOKI on Robinhood
According to the official announcement on social media, Robinhood has added the meme coin FLOKI to its extensive range of altcoins. This significant event increased the visibility of FLOKI among U.S. investors, yet the price of the token remains about 36% below its late July high.
Market Reaction and Impact on Other Meme Coins
Market representatives noted that while the addition of FLOKI on Robinhood increased its visibility, the broader market response was quite modest. Other meme coins exhibited only minor sentiment changes. Many expressed disappointment at the muted price action following the announcement.
Regulatory Aspects and Future of Meme Coins
Financial analysts emphasize that the addition of FLOKI on Robinhood showcases the platform's growing interest in meme coins amidst ongoing scrutiny of speculative altcoins in the U.S. The regulatory implications of this addition remain unclear. Discussing meme coins, experts highlight that such events do not always lead to significant price fluctuations, as history has shown.
Ultimately, despite the successful addition of FLOKI on Robinhood and the increase in its market cap, the broader meme coin market exhibited limited impact. This underscores the unpredictability of reactions to such events and the need for further analysis of market and regulatory factors.
