Robinhood's DOGE Stash Unfazed by PEPE Crazy Surge

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Robinhood's DOGE Stash Unfazed by PEPE Crazy Surge
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.RobinhoodApp investors keep holding their $DOGE, while others are selling $SHIB and NFTs to buy $PEPE DogeWhaleAlert

and are not selling regardless of the recent sudden success of a new meme coin PEPE.

The amount of Dogecoin held in Robinhood's wallets on behalf of its customers now stands at 33,562,118,525 DOGE. That is $2,642,446,278 in the USD equivalent and constitutes 24.11% of all Dogecoin supply in circulation.Pepe is a meme coin that was issued in April by an anonymous team of developers and has no utility. However, it has gained immense popularity recently as it has been listed on many crypto exchanges, including Huobi and OKX.

However, after the listing was announced, Binance suddenly suspended PEPE and FLOKI deposits due to a technical glitch. Operations were restored a few hours later.Over the past week, PEPE has been showing astounding price surges of 51% and even higher. At the time of this writing, the Frog-themed meme coin is changing hands at $0.000002966, according to data provided by CoinMarketCap.

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