Golden Finance reported that crypto industry player Plazma (@Plazma0x) recently posted on X that it has been more than 20 days since Robinhood launched PEPE and it already holds 2.5% of the PEPE supply. Andrew Kang, a partner at Mechanism Capital, commented on this: “This is equivalent to buying $50 billion worth of BTC in 3 weeks. Retail investors are removing a large number of Meme coins from the market.”