The Legend trading platform’s launches of BONK price, PENGU price, PNUT price, and so on show a significant drop. If there ever was one, a sell-off happened within hours of being listed.
FLOKI and ONDO were then later added as view-only pairs, meaning you cannot trade them, especially not for New York residents (according to their documentation). Market sentiment toward newly listed assets is cautious, indicated by the limited access and price drops.
BONK Price Drops as PNUT Rises and XLM and PENGU Fall
Latest figures show:
Price: $0.00002413 BONK 24-Hour Change: -5.3%
PENGU is trading at $0.03300, down ‑6.7% since yesterday
PNUT trades at around $0.22, down about -3.1%
XLMUSD price change near $0.389; change is ‑5.1% for the last 24h
Recap: The BONK price, PENGU price, PNUT price, and XLM price dropped on Robinhood Listing Day as traders took profit.
Token Profiles & Utility Context
BONK
BONK price The BONK is very typical of a meme coin in which the supply is extremely thin, fitting in the speculative trading. Given that there are over 77 trillion tokens out in the world, the upside of this asset class faces structural constraints. Supply dynamics and market cap effects prompt analysts to opine a $1 target is unrealistic.
PENGU
Investor enthusiasm linked to NFT ecosystems and a potential ETF listing may drive PENGU price. With a recent price of $0.033 and a trading volume of over $500 million, the speculation part comes in when PENGU withdraws from this to achieve profit-taking and then ultimately puts enough pressure downwards to push the price lower.
PNUT
The price of PNUT $0.22, with little change with trading volume of $60M. The price is largely propped by meme‑token community support… Listing visible liquidity‑driven price pressure down.
XLM
XLM has been priced at $0.389 with its functionality in performing cross-border payments over the Stellar platform. XLM price is supported by an established network function, but a recent price plunge of 5% materialized despite a market-wide pullback.
Price Tracker Table
| Token | Current Price (USD) | 24‑h % Change |
| BONK | ~$0.00002413 | −5.3 % |
| PENGU | ~$0.03300 | −6.7 % |
| PNUT | ~$0.22 | −3.1 % |
| XLM | ~$0.38900 | −5.1 % |
Markets and Community Sentiment
After an initial announcement, the Reddit community debated whether the coin’s momentum would soon stagnate. Traders commented:
The listing was already priced in, then dropped right after lunch.
Another precaution was mentioned on X talk about this, stating that the BONK price and the PENGU price both went down before the additional volume was added.
Weaker markets and institutional commentaries Even as the day saw a significant rise in total trading volume, the global crypto market cap dropped by 1.6%, which is indicative of profit-taking rather than new inflows.
Near‑Term Outlook & Price Trends
Similarly, BONK will likely keep ranging between $0.00002 and $0.00003 unless a speculative cycle returns.
If ETF support or continued NFT adoption assists in supporting the price floor of PENGU, additional upside may be possible; however, without these factors, PENGU has a target range lower to $0.025 in the interim.
We can see that the price of PNUT is probably going to stop around $0.20, and if volume picks up a bit this coin could recover to between $0.25and $0.30.
Short-term XLM price expected: $0.35-$0.45 Token locked in foundation limits adoption and artificially high long-term goals of $0.60–$1.00
More crypto news on BONK price, expert analysis, and price forecasts is available now on our crypto news platform
Summary for Platforms
As well as heightening discoverability in repeat references to BONK price, PENGU price, PNUT price, XLM price, etc., Robinhood expansion and price reaction are newsworthy.
To stay on the right side of E-A-T compliance, it is important to ensure that your content is factual and has a clean submission as well as authoritative sourcing. This article will not get into the whole PROMO side of the equation or use personal pronouns.
Frequently Asked Questions
1. Why did the BONK price drop at the Robinhood listing?
The price of BONK fell as early holders began to take profits; the market was hit with low demand on listing and overall bearish sentiment in the wider crypto audience.
2. Do all U.S.. residents use Robinhood to trade BONK?
BONK trading is not allowed (for example, in New York) due to the digital assets restrictions on certain U.S. states.
3. The Staking Impact of Robinhood Listing—PENGU and PNUT
Of the two, both saw significant immediate price reductions, with PNUT seeing some repurchasing due to a strong community and stronger long-term utility narratives.
4. Should you still invest in BONK after this price drop?
Conclusion: B- Memetic bubble potential requires a proper examination of all supply metrics to qualify (lol) as an “investment” rather than mere speculation.
Glossary of Key Terms
1. BONK
Shitcoin-token created on the Solana blockchain is mainly known for its name and comprises a large token supply; it often gets traded speculatively. Famous as highly volatile and with a large HODL community.
2. Robinhood Legend
The crypto trading enhanced tier of Robinhood’s platform comprises more gung-ho investors who get access to select tokens that are either newly listed or high risk well before they go mainstream.
3. View-Only Mode
This only gives the view right to users for token details on trading platforms; you cannot sell/purchase this token. Done due to Regulatory or Technology constraints
4. Meme Coin
The kind of cryptocurrency based on internet jokes, or maybe pop culture. Usually no use case at all, and depends solely on community sentiment to move prices.
5. Price Plummet
A sudden, sharp decline in the market value of a cryptocurrency or financial asset owned by holders during an exchange.
6. Profit-Taking
A tactic that sees investors selling assets once they have risen in price to lock in a profit. Within crypto, it usually means short-term pullbacks or spikes in volatility.
7. XLM (Stellar Lumens)
A digital asset built for the Stellar network and designed to enable better, faster, and low-cost cross-border payments. Xumean meme coins, XLM is a utility token with fintech purposes.
8. Token Listing
The process of listing a cryptocurrency on an exchange for trading on the open market. Listings can drive exposure but also market volatility based on demand and behavior by traders.
