Pepecoin (PEPE), the frog-themed memecoin, was listed on Robinhood’s US trading platform on November 13, 2024, giving millions of retail investors simplified access to the token. The token, launched in April 2023 on Ethereum, has a fixed total supply of 420.69 trillion tokens with 93.1% deposited into a liquidity pool at launch. According to the project, 36% of the total supply has been permanently removed from circulation through manual burns to an unrecoverable wallet address. PEPE’s price rose following the Robinhood announcement, driven by increased retail participation.
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