StonkBrokers NFT on Robinhood has overtaken Pudgy Penguins to become the fourth most-capped NFT collection, with a market cap of $64.50 million versus $64.20 million for Pudgy Penguins. The STONKBROKER memecoin surged by over 38% in 24 hours, vastly outperforming PENGU’s 3.30% gains, although PENGU’s market cap remains 13 times larger than its counterpart. The launch of Robinhood Chain has sparked a rush into NFTs and memecoins on this new blockchain, extracting liquidity from established memecoins. PENGU is currently attempting to break through an oblique resistance at $0.00750, with key support at $0.005765 in case of rejection, while nearly one billion tokens have been purchased on centralized platforms since August.
Source: Read the original article
