XRP Rebounds Strongly Following Phemex Relisting

[Btceth01]

Cryptocurrency exchanges are responding to the market’s demand for XRP. And with some trading platforms already beginning to relist the token, speculators are growing overwhelmingly bullish.Majority of Traders Demand XRP
A new update in the SEC v. Ripple case made headlines in late March, luring investors back to XRP.
According to attorney Jeremy Hogan, the U.S. Securities and Exchange Commission implied that exchanges that relist and allow trading of XRP would not violate any guidelines. Under Section 4 of the Securities Act, only Ripple and its affiliates could be accused of illegal sales.
Within minutes after Hogan’s remarks, the hashtag “RelistXRP” was trending on Twitter while the number of related posts skyrocketed.
To gauge their users’ interest, Singapore-based trading platform Phemex recently conducted a survey to understand the market’s demand for XRP. When asked, “do you want Phemex to resume our Ripple XRP offering,” roughly 74% of the 2,500 respondents said “yes. Source