Solana’s GIGA token surged after Coinbase announced plans to list it, alongside other assets like Ethereum’s TURBO. This move reflects Coinbase’s strategy to expand its blockchain asset offerings.
Solana’s GIGA on Coinbase Listing
Following Coinbase’s declaration that it intends to incorporate the token into its listing roadmap, the price of Solana’s Gigachad (GIGA) experienced a substantial increase.
This inclusion of additional digital assets, including Ethereum’s Turbo (TURBO), demonstrates the exchange’s ongoing dedication to broadening its asset roster.
The announcement has resulted in a substantial increase in investor interest, which has driven the price of Gigachad (GIGA) upward, as well as a steep increase in trading volume.
This represents a significant advancement in Coinbase’s strategy to diversify its portfolio by incorporating a variety of blockchains.
Amid Coinbase’s listing expansion plans, Solana’s Gigachad (GIGA) experiences a 50% price increase.
Following Coinbase’s official announcement to list the token, Gigachad (GIGA) experienced a 50% price increase within hours, according to a recent report. The rapid rise in value was accompanied by an increase in trading activity, as investors responded promptly to the favorable news.
After the announcement, Gigachad (GIGA) achieved a market capitalization of $492,203,275, which ranks it among the top meme currencies in the market.
This action is a component of a strategy to increase the number of listings, with a particular emphasis on the meme coin sector, which is expanding at a rapid pace. The exchange is indicating its intention to capitalize on the increasing popularity of meme coins in 2024 by including Gigachad (GIGA) on its roadmap.
Additionally, the trading platform has implemented Turbo (TURBO), an ERC-20 token that will offer consumers improved trading opportunities and faster transaction speeds. The price of TURBO increased by more than 20% within 24 hours of the addition.
Nevertheless, it is crucial to emphasize that users should refrain from making any trading or transfer decisions regarding these assets until official announcements are made.
The irrevocable loss of funds may occur if tokens are deposited into a Coinbase account prior to the official listing of an asset, as transfers and trading will not be supported until the asset is officially listed.
Most Recent Meme Coin Inclusions in Exchange Listing Plans
Coinbase’s recent announcements have sparked substantial market activity, as it continues to broaden its selection of meme coins. MOG Coin (MOG), a meme coin on the Solana blockchain, is one of the most recent additions to the platform’s roadmap.
The coin’s market capitalization experienced a significant increase, surpassing $1 billion, as a result of Coinbase’s announcement to list MOG on Base.
The MOG price increased by more than 20% within one hour of the announcement, marking a significant milestone for MOG Coin. MOG Coin’s listing serves to reinforce Coinbase’s dedication to the meme coin sector, which has experienced heightened investor interest in 2024.
In addition, the exchange previously disclosed its intention to list Moo Deng (MOODENG), an additional meme coin on the Solana network. MOODENG’s trading volume increased by 400% as a result of the 70% increase in price from the announcement within 24 hours.
These additions are indicative of a more comprehensive approach to capitalize on the demand for meme currencies, as the exchange’s portfolio already includes listings such as FLOKI and PEPE.
