Major

Pepe

PEPE

Coin

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The European branch of<a href="https://x.com/RobinhoodCrypto/status/1853414397495931283" rel="noopener noreferrer nofollow">Robinhood</a>, a top U.S. brokerage platform, has launched live transfer options for<a href="https://u.today/pepe-price-to-clear-one-zero-if-this-trend-continues" rel="noopener noreferrer nofollow">Pepe Coin (PEPE)</a>. This new feature allows European users to withdraw and deposit PEPE directly on Robinhood's crypto platform. In addition, a 1% deposit bonus is being offered for a limited time to encourage users to participate in PEPE transfers.
Pepe Coin, often referred to as PEPE, was launched last year, inspired by the popularity of the "Pepe the Frog" meme. PEPE is currently the 24th largest cryptocurrency, with a market capitalization of $3.45 billion and a spot market trading volume of approximately $598.35 million. Robinhood's move to facilitate transfers is a big deal for PEPE. It will make the coin more accessible and visible to European crypto traders.
Even though it is doing well and has a lot of support, PEPE is not available on Robinhood's main U.S. site. This means that American retail investors cannot invest in the<a href="https://u.today/doge-xrp-surprisingly-outperformed-all-cryptos" rel="noopener noreferrer nofollow">meme coin</a> through them. In addition, PEPE is not listed on Coinbase, another major platform for the U.S. market.
<blockquote class="twitter-tweet">
 <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> transfers are LIVE on Robinhood Crypto.Withdraw + Deposit <a href="https://twitter.com/hashtag/PEPE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PEPE</a>, and get PEPE rewards with our 1% deposit bonus for a limited time.Terms apply. Learn more: <a href="https://t.co/sb4gDoO6Ls" rel="noopener noreferrer nofollow">https://t.co/sb4gDoO6Ls</a><a href="https://twitter.com/hashtag/RobinhoodOnchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#RobinhoodOnchain</a> <a href="https://t.co/05Pd8h7kNW" rel="noopener noreferrer nofollow">pic.twitter.com/05Pd8h7kNW</a>— Robinhood Crypto EU (@RobinhoodCrypto) <a href="https://twitter.com/RobinhoodCrypto/status/1853414397495931283?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 4, 2024</a>
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For now, Robinhood's European support makes the platform one of the main drivers of PEPE's accessibility outside of the United States, where demand for meme coins remains strong.
This live transfer update is great news for<a href="https://u.today/200-billion-shiba-inu-shib-suddenly-land-in-top-us-exchanges-wallet" rel="noopener noreferrer nofollow">PEPE</a>. It makes the coin more useful and helps it to stand out in the competitive meme coin space.
Now that European users can more easily access PEPE transactions, the coin is likely to gain more visibility on the crypto market. This could lead to further listings or expanded features in the future. <a href="https://u.today/top-meme-coin-pepe-receives-major-boost-from-robinhood-in-europe" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Top Meme Coin PEPE Receives Major Boost From Robinhood in Europe

U_Today

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