Robinhood re-lists 3 coins SOL, XRP, ADA after more than 1 year of delisting due to SEC securities allegations. Notably, there is also memecoin PEPE.
Cryptocurrency trading app Robinhood recently announced the new listing of 4 coins Solana (SOL), XRP (XRP), Cardano (ADA), and Pepe (PEPE) for users in the United States.
Notably, in this new listing, there are 3 projects on the list of crypto coins accused by the SEC of being securities in the lawsuit against Binance and Coinbase in June 2023, which were previously announced by Robinhood to be delisted due to the legal context at that time.
In particular, the “re-starting love” move of the popular cryptocurrency trading platform in Western countries such as Robinhood was made right after Donald Trump was re-elected as President of the United States, along with a series of policies to support the cryptocurrency market – including the plan to fire the current SEC Chairman Gary Gensler, who has contributed greatly to the “destruction” of the crypto market in recent times.
Being included in the new listing list are all technology projects, Pepe (PEPE) is the only memecoin to appear, causing the price of this token to increase sharply, creating a new ATH price peak at 0.00001999 USD.
In addition, contributing to the strong increase of PEPE is the announcement of the exchange Coinbase at the same time, when it announced to add this memecoin to the listing roadmap in the near future.
PEPE’s strong growth to an all-time high value is partly due to the explosion of DOGE and other similar virtual currencies such as D.O.G.E, SHIBA, WIF, BONK, NEIRO, PNUT, MOODENG… creating a “memecoin super cycle” since the handshake of the two most fomo images today, Donald Trump and Elon Musk.
