Two standard altcoins are surging in value after receiving shock listings from US-based crypto change platform Bitstamp.
In a brand new weblog publish, the crypto change says that its US department is including help for sensible contract platform Solana (SOL) and Pepe (PEPE), a frog-themed meme asset constructed on high altcoin Ethereum (ETH).
“The day US followers of Solana and Pepe have been ready for is lastly right here! We’re excited to announce that well-known Solana and the favored meme coin Pepe are actually accessible for buying and selling on Bitstamp within the US.”
Information of the listings despatched each SOL and PEPE flying, as Solana went from a low of $235 on November twenty eighth to a peak of $246 the following day whereas PEPE went from a low of $0.00001941 to a peak of $0.00002101 throughout the identical time-frame.
Each SOL and PEPE have since retraced and are buying and selling for $240 and $0.00002038 at time of writing, respectively. In its publish, Bitstamp describes Solana as “a cutting-edge blockchain platform designed to ship quick and scalable transactions” and Pepe as an enthralling token impressed by the legendary Pepe the Frog character that has no precise utility past amassing and buying and selling.
Earlier this 12 months, retail buying and selling large Robinhood introduced that it could be acquiring Bitstamp – which was based in 2011 in Luxembourg – for $200 million regardless of getting hit with a Wells Discover from the U.S. Securities and Change Fee (SEC).
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