Robinhood relisted XRP Coin, SOL, ADA on the US platform. The famous exchange also added the popular meme coin PEPE to its list. In the midst of this news, the leading cryptocurrency exchange Coinbase also gave PEPE the good news of the list. With the effect of this news, the meme coin price rocketed.
XRP Coin, ADA, SOL and PEPE are now on Robinhood’s list!
Popular commission-free trading app Robinhood has significantly expanded its altcoin offering for American customers. From now on, Robinhood users in the US will be able to trade Ripple-affiliated XRP Coin, Solana (SOL), Pepe (PEPE) and Cardano (ADA). After the latest additions, the list of cryptocurrencies available in the US increased to 19. Robinhood also supports tokens such as Dogecoin (DOGE), Avalanche (AVAX) and Shiba Inu (SHIB).
Johann Kerbrat of Robinhood Crypto claims that there is demand for more cryptocurrencies among its customers. In June 2023, the trading platform announced its intention to delist ADA, SOL and Polygon (MATIC). The decision was taken after the tokens in question were classified as securities by the SEC in its lawsuits against Binance and Coinbase, two leading cryptocurrency trading platforms. Last December, Robinhood launched cryptocurrency trading in the EU. Notably, delisted tokens were part of the company’s EU offering. Now that the SEC has started to loosen the reins, Roinbhood felt confident about making a number of altcoins accessible to US users. Experts expect the SEC to drop all non-fraud cryptocurrency cases in the near future.
Coinbase Will List PEPE
According to a recent news, Coinbase will also add PEPE to its list. The exchange will launch transactions on 13 November 2024 if liquidity conditions are met. In this context, the exchange made the following announcement:
Coinbase will add support for Pepe (PEPE) on the Ethereum network (ERC-20 token). Do not send this asset through other networks, otherwise your funds may be lost. Transfers for this asset are available on Coinbase and CoinbaseExch in regions where trading is supported. If liquidity conditions are met, trading will commence on or after 13 November 2024, 11:30 ET. Trading on the PEPE-USD trading pair will be phased in once there is sufficient supply of this asset.
Following this development, PEPE made a strong exit. Meme coin suddenly jumped to $ 0.00001861 from the level of $ 0.0000125 during the day. At the time of writing, PEPE was changing hands at $ 0.00001861, up 47% on a daily basis. Meanwhile, the token’s trading volume also saw a notable increase of 22%. This reflects the interest of investors and traders in the token.
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