PEPE up 40% amid Robinhood & Coinbase listings 

PEPE soared by over 40% after Coinbase and Robinhood listed the meme coin. The US division of Robinhood re-listed Cardano, Solarium, XRP, and Pepe according to the trading platform’s website. Coinbase and Robinhood listed the PEPE meme coin at the same time

Trump’s victory gave the cryptocurrency market a huge boost, and meme coins soared out of the gates, reaching over $3 trillion.  

 Coinbase and Binance have listed a variety of meme coins. The change is a result of industry participants’ analysis of Washington’s regulations to encourage innovation in cryptocurrency.  

Coinbase is the biggest cryptocurrency exchange in America and has also seen an uptick in its stock valuation since Trump’s election victory

Binance data indicated that the news drove PEPE to a new all-time high while other prominent cryptocurrency memes continued to surface.

Robinhood earlier delisted XRP because of a lawsuit that was pending at the time between Ripple and the Securities and Exchange Commission. The SEC’s regulatory concerns about Cardano and Solana also resulted in their delisting in 2023. 

 The primary justification for this decision was thought to be the uncertainty surrounding ADA and SOL’s eligibility as securities. The SEC’s clarification on Cardano and Solana was still mostly lacking when Robinhood overturned its delisting decision. 

 Elon Musk, the world’s richest manis regarded as a friend of the Dogecoin community and has discussed the project in public on multiple occasions. Additionally, more than 250 politicians who supported cryptocurrency won seats in Congress, boosting industry expectations for a crypto golden age.