Kraken's Bold Move: 19 New Tokens and Meme Coins Set to Shake Up Crypto Scene

24.11.2024 66 times read 0 Comments Read out

Kraken Explores More Token Listings Amid Crypto Optimism

According to reports, the cryptocurrency exchange Kraken is set to expand its token listings by adding 19 new tokens, including several meme coins. This move comes as optimism grows within the crypto community regarding a potentially favorable regulatory environment. Despite facing legal challenges from the SEC for allegedly operating an unregistered securities exchange and offering staking services unlawfully, Kraken remains undeterred in its expansion plans.

The planned additions include integrating blockchains like Binance Smart Chain, dYdX, and Arweave—and listing their native tokens alongside other popular meme coins like FWOG and TRUMP. However, Kraken has cautioned that these listings are not guaranteed until officially announced through their platform. The industry anticipates that a pro-crypto stance could lead to clearer regulations and possibly even a Bitcoin reserve establishment.

Bitcoin May Reach $180K by End of 2025 — TYMIO Founder

Cointelegraph reports on predictions made by Georgii Verbitskii, founder of the decentralized finance platform TYMIO. He forecasts that Bitcoin's price might soar between $100K and $120K before early 2025, and by late 2025, he expects it could reach up to $180K due to increased trader interest driven partly by macroeconomic factors.

This prediction aligns with decreasing Bitcoin reserves on exchanges—a metric indicating supply scarcity—which hit record lows this market cycle according to CryptoQuant data. Verbitskii advises traders against potential downturns using diversified positions while noting future halvings may further strain BTC availability amid rising demand.

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