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Robinhood US announced the listing of Floki (FLOKI), one of the leading meme coins, on Aug. 5.
However, the token only added a mere 2% on the announcement, surprising some market participants.
Robinhood listing for $floki and it didn't even pump 5% pic.twitter.com/q4HE441dwr
— Tux (@megastuffs) August 5, 2025
The meme coin was down by nearly 7% on Aug. 5 amid a broader cryptocurrency market pullback, with the Robinhood listing failing to give it any noticeable boost.
A $1 billion meme coin
FLOKI is down by roughly 36% from its local high of $0.000158 that was logged on July 23.
Despite the recent price drop, FLOKI still maintains a market cap of roughly $1 billion, which makes it the 107th biggest cryptocurrency as of now.
beincrypto.com
theblock.co
cointelegraph.com