Pepecoin Listed on Robinhood with 36% Supply Burned
Pepecoin (PEPE), an Ethereum-based memecoin inspired by an internet frog, has been listed on Robinhood's US trading platform. This move provides millions of retail investors with easy access to the token. According to Pluang, about 36% of PEPE's supply has been manually burned, reducing circulation.
The listing follows Robinhood's earlier European rollout and aligns with its strategy to feature meme tokens. This allows for increased accessibility without the need for complex crypto wallets or fees.
The listing has driven price gains due to increased retail interest and speculation.