Pepe Coin Gets Robinhood Support – Will PEPE Soar Like Dogecoin?

Pepe Coin (PEPE) is perking up on Wednesday as crypto markets pump hard in the wake of Donald Trump’s landslide victory in the US presidential election. News of Robinhood’s expanding support is another positive for the token.

Robinhood just added Pepe Coin to its European platform and is offering a 1% deposit bonus to bolster trading.

Withdraw + Deposit, and get PEPE rewards with our 1% deposit bonus for a limited time.

PEPE was last trading around $0.0000095, up 11% on the day, though the Pepe the frog-themed meme coin remains locked within recent ranges.

But Trump’s victory heralds the beginning of a new pro-crypto era in the USA. Analysts think this means a crypto market surge is on the cards.

Bitcoin (BTC) could well hit $100,000 this year, and other major coins like Ethereum (ETH) and Solana (SOL) could hit record highs.

JUST IN: "Multiple analysts are expecting Bitcoin will hit $100,000" before Trumps inauguration November 6, 2024. "
At the same time, a new meme coin season could be right around the corner.

Pepe Coin, which differentiates itself in a meme coin market dominated by dog variations, could be in a poll position to surge.

For now, Dogecoin (DOGE) is leading the way as bets pile in that Elon Musk will join Trump’s incoming administration of the new Department of Government Efficiency (DOGE) agency.

Elon Musk on D.O.G.E:

"I'd be happy to help improve the government efficiency, obviously Department of Government Efficiency which is sorely needed. We've got a gigantic government bureaucracy and overregulation."
So can Pepe Coin pump like Dogecoin?

Where Next for Pepe Coin? All-Time Highs Incoming

Pepe Coin, despite its strong rally on Wednesday, remains around 20% down from its late September highs and around 45% down from its 2024 highs.

Meanwhile, Bitcoin is currently racing ahead to fresh record highs in the $76,000 area. This is likely to be a lead indicator for the broader market.

For traders looking for a meme coin that has the potential to rapidly surge back to yearly highs in a “catch-up” trade, Pepe Coin could be a good bet.

Once the leading meme coin breaks above the downtrend from its May highs, the door would open to a quick 2x surge back to yearly highs.