In what is a surprise for the meme coin, cryptocurrency exchange Robinhood has officially listed the Pepe (PEPE) meme coin as well as relisted. Indeed, the arrival of the meme coin has led to a massive surge for the asset. The token is up more than 32% in the last 24 hours.
That wasn’t all that Robinhood did Wednesday. The exchange also enacted a batch of reslitings for several prominent cryptocurrencies. Specifically, Solana (SOL), Cardano (ADA), and Ripple (XRP) have found their way back on the Robinhood US platform.
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Robinhood to List PEPE, SOL, XRP, and ADA in Notable Move
There is no denying the importance of 2024 for the cryptocurrency sector. With the industry getting two ETFs over the last ten months, it has experienced a notable rise to prominence. That has culminated in the reelection of Donald Trump; a move that will have immense ramifications on the crypto sector.
One key impact is the expected shift to a favorable regulatory environment for the asset class. That has already begun to take shape, as Robinhood has listed Pepe while relisting a host of other assets. Among them are tokens like SOL, ADA, and XRP.
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The exchange had previously ended support for Solana, Cardano, and XRP in 2023. After US Securities and Exchange Commission (SEC) lawsuits on firms like Coinbase over the sale of unregistered securities, the platform sought to comply through a delisting process.
That has changed now. Moreover, it begins to shape a more inclusive future for the tokens now that government interference is expected to change. The listing of PEPE has already been massive for the token. Indeed, it is up more than 90% over the last seven days, according to CoinMarketCap.
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