In what’s a shock for the meme coin, cryptocurrency exchange Robinhood has formally listed the Pepe (PEPE) meme coin in addition to relisted. Indeed, the arrival of the meme coin has led to an enormous surge for the asset. The token is up greater than 32% within the final 24 hours.
That wasn’t all that Robinhood did Wednesday. The exchange additionally enacted a batch of reslitings for a number of outstanding cryptocurrencies. Specifically, Solana (SOL), Cardano (ADA), and Ripple (XRP) have discovered their approach again on the Robinhood US platform.
Robinhood to List PEPE, SOL, XRP, and ADA in Notable Move
There is not any denying the significance of 2024 for the cryptocurrency sector. With the trade getting two ETFs during the last ten months, it has skilled a notable rise to prominence. That has culminated within the reelection of Donald Trump; a transfer that can have immense ramifications on the crypto sector.
One key influence is the anticipated shift to a positive regulatory surroundings for the asset class. That has already begun to take form, as Robinhood has listed Pepe whereas relisting a bunch of different property. Among them are tokens like SOL, ADA, and XRP.
The exchange had beforehand ended assist for Solana, Cardano, and XRP in 2023. After US Securities and Exchange Commission (SEC) lawsuits on corporations like Coinbase over the sale of unregistered securities, the platform sought to comply via a delisting course of.
That has modified now. Moreover, it begins to form a extra inclusive future for the tokens now that authorities interference is predicted to change. The itemizing of PEPE has already been huge for the token. Indeed, it’s up greater than 90% during the last seven days, in accordance to CoinMarketCap.
