The new tokens are tradeable on Kraken and Kraken Pro with the following parameters:
Kraken has listed two new memecoins: Peanut the Squirrel (PNUT) and Moo Deng (MOODENG). Both tokens are now available for trading on Kraken and Kraken Pro against USD and USDT. Here’s a quick overview of each asset:
MOODENG is a memecoin based on Moo Deng, the famous pygmy hippo at the Khao Kheow Open Zoo. Fans of the hippo, whose community gathers on X and Telegram, have created this Solana-based token. As a memecoin, MOODENG has no stated utility, deriving its value from its vibrant community and Moo Deng’s virality.
PNUT is a token paying homage to Peanut — a rescued eastern gray squirrel in New York City. Peanut amassed over 500,000 Instagram followers before being euthanized by the NYSDEC. This Solana-based memecoin derives its value from its meme appeal and community strength.
Don’t have a Kraken account yet? Sign up today to start trading MOODENG and PNUT!
Will Kraken list more assets in the future?
Yes! In keeping with our values, we never reveal any details until shortly before launch — including which assets we’re considering.
You can view all of Kraken’s currently available tokens here, and any future tokens will be announced on our Listings Roadmap and social media profiles.
Our client engagement specialists are unable to answer any questions regarding which assets we may be making available in the future.
These materials are for general information purposes only and are not intended as investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not represent or warrant that any such information is accurate, complete, timely, suitable or valid. Any reliance on this information is at your own risk and Kraken will not be liable for any losses, injuries or damages that may arise from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated and消費者保護法 or regulatory protection schemes may not apply. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.
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