Funding and trading
Moo Deng and Peanut the Squirrel trading will be live as of 15:00 PM UTC today, December 18, 2024.
To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.
Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.
The new tokens are tradeable on Kraken and Kraken Pro with the following parameters:
AssetPairPrice decimal precisionMinimum order sizeMinimum depositMOODENGUSD, EUR0.00012020PNUTUSD, EUR0.000155
Note:
Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).
Moo Deng and Peanut the Squirrel are not available in DE.
Here’s some more information about this asset:
Moo Deng( MOODENG) is a memecoin based on the famous pygmy hippopotamus at the Khao Kheow Open Zoo in Si Racha, Chonburi, Thailand. The Solana-based token is held by fans of the hippo, whose community congregates on X and Telegram. As a memecoin, MOODENG has no stated utility, its value instead arising from the vibrancy of its community and the virality of Moo Deng the hippo.
Peanut the Squirrel ( PNUT) is a token paying homage to Peanut — a NYC rescued eastern gray squirrel. Prior to being euthanized by the NYSDEC, Peanut had amassed over 500,000 Instagram followers. PNUT is a Solana-based memecoin whose value is derived from its meme appeal and community strength.
Ready to trade but don’t have a Kraken account yet? Sign up today !
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on our Listings Roadmap and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any cryptoasset or to engage in any specific trading strategy. Kraken makes no representation or warranty of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising 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 you may not be protected by government compensation and/or regulatory protection schemes. 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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