Solana’s Gigachad (GIGA) experienced a notable surge in price following Coinbase’s announcement of its plans to include the token in its listing roadmap. This addition included other digital assets such as Ethereum’s Turbo (TURBO), signaling the exchange’s ongoing commitment to expanding its asset offerings.
The announcement has caused a significant increase in investor interest, driving the price of Gigachad (GIGA) upward, along with a sharp rise in trading volume. This marks a step in Coinbase’s strategy of diversifying its portfolio from various blockchains.
Solana’s Gigachad (GIGA) Sees 50% Price Surge Amid Coinbase Listing Expansion Plans
According to a recent report, Gigachad (GIGA) saw its price surge by 50% within hours of Coinbase’s official announcement to list the token. The sharp increase in value was accompanied by heightened trading activity, as investors reacted quickly to the positive news.
Following the announcement, Gigachad (GIGA) reached a market capitalization of $492,203,275, placing it among the top meme coins in the market.
This move is part of a strategy to expand its listings, particularly within the rapidly growing meme coin sector. By adding Gigachad (GIGA) to its roadmap, the exchange is signaling its intention to capture a share of the rising popularity of meme coins in 2024.
More so, the trading platform has also added Turbo (TURBO), an ERC-20 token that will provide users with faster transaction speeds and enhanced trading opportunities. Following the addition, TURBO price also surged over 20% in just 24 hours.
However, it is important to note that users should wait for official announcements before making any transfers or trading decisions involving these assets. Depositing tokens into a Coinbase account before an asset is officially listed can result in the permanent loss of funds, as transfers and trading will not be supported until the asset is officially listed
Recent Meme Coin Additions To Exchange Listing Plans
Coinbase continues to expand its offering of meme coins, with recent announcements that have generated significant market activity. One of the latest to join the platform’s roadmap is MOG Coin (MOG), a meme coin on the Solana blockchain.
Following Coinbase’s announcement to list MOG on, Base, the coin’s market cap surged dramatically, reaching nearly $1 billion. This marks a significant milestone for MOG Coin, with the MOG price increasing by over 20% within just one hour following the announcement. The listing of MOG Coin further solidifies Coinbase’s commitment to the meme coin space, which has seen increased investor interest in 2024.
In addition, the exchange earlier unveiled plans to list Moo Deng (MOODENG), another meme coin on the Solana network. The announcement led to a 70% surge in MOODENG price within 24 hours, pushing its trading volume up by 400%. These additions reflect a broader strategy to tap into the demand for meme coins, with listings like PEPE and FLOKI already contributing to the exchange’s portfolio.
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