Solana’s Gigachad (GIGA) Soars Amid Major Listings
Highlights
- Gigachad (GIGA) price surged after Coinbase’s and KuCoin's listing announcement,s reaching a $492M market cap.
- Turbo (TURBO) also saw a 20% price increase following the listing announcements.
- Coinbase expands meme coin offerings with MOG Coin and Moo Deng (MOODENG) listings.
Solana’s Gigachad (GIGA) experienced a notable surge in price as major crypto exchanges announced plans to include the token in their trade offerings. The announcements sparked a substantial increase in investor interest as GIGA price has gone up and trading increased sharply.
Solana’s Gigachad (GIGA) Sees 50% Price Surge Amid Major Exchanges’ Backing
Shortly after Coinbase’s official announcement of listing the token on its roadmap, Gigachad price experienced a 50% bump, as revealed in a recent report. Trading activity also spiked as investors reacted sharply to the news, taking the value of the coin up.
Concurrently, Gigachad (GIGA) became one of the top meme coins in the market, having a market capitalization of $492,203,275.
This step is part of a plan to increase its offerings, especially in the emerging meme coin market. The exchange’s continued addition of meme coins to its 2024 roadmap is proof of its desire to tap into the growing market.
Also, the renowned crypto exchange KuCoin revealed recently that it is adding the GIGA/USDT pair to its stockpile of offerings. Overall, with the leading crypto exchanges backing the token, a bullish market sentiment prevailed surrounding future movements.
More so, the Coinbase has also added Turbo (TURBO) to its roadmap, an ERC-20 token. Following the addition, TURBO price also surged over 20% in just 24 hours. However, it is crucial for users to wait for an official announcement 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. This is because transfers and trading are not supported until the asset is officially listed.
Recent Meme Coin Additions To Coinbase
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.
After the announcement of Coinbase to list MOG on Base, the coin’s market cap rose, getting close to $1 billion. This is a major achievement for MOG Coin since the MOG price rose by more than 20% in less than one hour after the announcement. The inclusion of MOG Coin to the Coinbase listing further indicates the exchange’s dedication to the growing meme coins market.
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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