The meme-inspired cryptocurrency, Dogecoin (DOGE), has continued to take the top spot in crypto trading activities on Robinhood ever since it shot into the limelight earlier this year.
In its earnings report, the American financial services company pointed out significant increases in its crypto revenue in 2021 Q2 compared to last year’s second quarter. The firm said its digital asset-related figures rose from $5 million in Q2 2020 to about $233 million in Q2 2021.
DOGE Remains Robinhood’s Biggest Gem
Robinhood noted that cryptocurrencies accounted for more than half of its revenue in Q2 2021, with a whopping 62% coming from DOGE transactions.
Recall that earlier in July, the company stated in its IPO prospectus that the meme coin was responsible for about 34% of the crypto revenue in Q1 2021.
Now, the share for DOGE has nearly doubled in Q2, considering that the asset has continued to receive public attention following several endorsements from billionaires like Elon Musk and Mark

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Źródło: https://cryptopotato.com/dogecoin-still-in-the-lead-on-robinhood-in-q2-accounts-for-62-of-crypto-revenue/