A ‘RelistXRP’ user movement has emerged on social media, in which users are asking various cryptocurrency exchanges to add XRP back to their platforms.
The hashtag #RelistXRP is trending on Twitter for users in the Netherlands, and the movement is gaining momentum in Australia, the US and the UK. For example, in the Netherlands, more than 35,000 tweets with this hashtag were published, approximately 30,000 tweets in the United States and 24,000 in Australia.
Many cryptocurrency exchanges have begun to remove the ability to trade XRP from their exchanges after last December the US Securities and Exchange Commission (SEC) accused Ripple’s management of selling $ 1.3 billion in unregistered securities.
The delisting was carried out, among other things, by Bittrex, Coinbase, OKcoin and the American division of Binance.
One of the prerequisites for the XRP listing, the applicants call the statement of the SEC lawyer in court. When a judge asked him if “anyone who sold XRP was the culprit,” the lawyer replied that only Ripple and its affiliates were responsible. This can be interpreted in such a way that the SEC has no complaints about cryptocurrency exchanges on this issue.
However, it is not yet clear whether the American sites will give in to these requests and whether they will return XRP trading. Against this background, the XRP rate has grown significantly, even despite the fall in the bitcoin rate and the entire cryptocurrency market.
XRP has grown by 11.9% in the last 24 hours, and in the last week it has grown by 20%. The coin is currently trading at about $ 0.58.
In early March, Ripple co-founder Chris Larsen applied to a US court to dismiss the SEC’s claim.
