Since Donald Trump's win, Coinbase has rapidly accelerated its listing announcements, making 16 specific to the US in one month and totaling 88 over the previous two years, averaging 3.8 listings per month. A notable trend is the rise in memecoin listings, with seven newly added coins like WIF, PEPE, and FLOKI, contrasting with just one listed before Trump's election. This shift indicates Coinbase's responsiveness to market demands and the popularity of memecoins, which drive trading volume and revenues. Despite regulatory uncertainties with the SEC, Coinbase's expansion into memecoins seems overdue, although its stock performance has not yet reflected the anticipated boost. High-volume listings like MOODENG show some initial success within this strategy, as it has more than doubled in value following its launch. Overall, the increased listings may suggest a changing landscape for cryptocurrency regulation and exchange operations in the US.

Source 🔗