Top Meme Coin PEPE Receives Major Boost From Robinhood in Europe
Release: 2024/11/05 03:24 Reading: 300
Robinhood Launches Pepe Coin (PEPE) Transfers in Europe
Robinhood's European branch has introduced live transfer options for Pepe Coin (PEPE). European users can now seamlessly withdraw and deposit PEPE on the Robinhood crypto platform. To incentivize participation, Robinhood is offering a limited-time 1% deposit bonus.
Launched in 2023, Pepe Coin has garnered popularity, drawing inspiration from the iconic "Pepe the Frog" meme. It currently ranks as the 24th largest cryptocurrency, with a market capitalization of $3.45 billion and a spot market trading volume of approximately $598.35 million.
Robinhood's latest move significantly enhances PEPE's accessibility for European crypto enthusiasts. However, it remains unavailable on Robinhood's main U.S. site, restricting American retail investors from investing in PEPE through the platform. Similarly, PEPE is not currently listed on Coinbase, another prominent platform in the U.S. market.
Robinhood's European support solidifies the platform's position as a key driver in fostering PEPE's accessibility beyond the U.S., where meme coin demand remains robust. This live transfer update empowers European users with greater flexibility and bolsters PEPE's potential within the competitive meme coin landscape.
Increased accessibility through Robinhood's European support is expected to enhance PEPE's visibility on the crypto market, leading to possible future listings or expanded features.
Original article reference: U.Today
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