Robinhood Crypto Europe has announced that it has started supporting the popular meme token PEPE on its platform. Users can now earn a 1% bonus when depositing and withdrawing PEPE for a limited time. The move allows Robinhood’s users to manage their crypto assets more easily and more accessible.
The PEPE token saw a 15% price increase after being listed on Robinhood. Analysts say the increased interest in meme tokens could strengthen PEPE’s long-term potential. These developments could increase PEPE’s market visibility and adoption. Robinhood’s support on the exchange, in particular, is considered to have the potential to solidify PEPE’s market position.
Meme Coin Access for Europe
Robinhood is expanding its crypto transfer services for its users in Europe, increasing its product range. Users will be able to easily buy, sell, and transfer over 20 crypto assets, including Bitcoin ($68,635), Ethereum ($2,427), Solana, and USD Coin. The expansion comes as part of Robinhood Crypto’s international growth strategy. The update also allows users to store their crypto assets in their own wallets, reducing reliance on third-party platforms.
The support for PEPE reflects Robinhood’s efforts to gain a competitive position among meme coins, reinforcing the platform’s goal of further strengthening its user-centric services and providing a solid experience to a wide range of users.
All in all, PEPE’s support on Robinhood Crypto shows the future potential of meme-based crypto assets and sends a strong signal that market trends are likely to continue.