PEPE and Solana (SOL) on the Rise Following Listings on US-Based Crypto Exchange Bitstamp

Two well-liked altcoins are surging in worth after receiving shock listings from US crypto alternate platform Bitstamp.

In a brand new weblog publish, the crypto alternate say which its US department is including assist for sensible contract platform Solana (SOL) and Pepe (PEPE), a frog-themed meme merchandise constructed on high altcoin Ethereum (ETH).

“The day that American followers of Solana and Pepe have been ready for is lastly right here! We’re excited to announce that the well-known Solana and the favored meme coin Pepe at the moment are obtainable for buying and selling on Bitstamp within the US.”

The information of the listings jump-started each SOL and PEPE, with Solana going from a low of $235 on November 28 to a excessive of $246 the following day, whereas PEPE went from a low of $0.00001941 to a excessive in the identical timeframe from $0.00002101.

Each SOL and PEPE have since retreated and are buying and selling at $240 and $0.00002038 respectively on the time of writing.

In its publish, Bitstamp describes Solana as “a sophisticated blockchain platform designed to ship quick and scalable transactions” and Pepe as a captivating token impressed by the legendary Pepe the Frog character that has no precise use past amassing and buying and selling.

Earlier this 12 months, retail large Robinhood introduced it will purchase Bitstamp – which was based in Luxembourg in 2011 – for $200 million, regardless of a Wells Discover from the US Securities and Change Fee (SEC).

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