This is Why Coinbase Added GIGA and TURBO to Asset Roadmap
Coinbase added meme coins Gigachad (GIGA) and Turbo (TURBO) to its asset roadmap on November 4. Following this announcement, GIGA’s valuation briefly surged.
Coinbase has been adding multiple meme coins to its roadmap, adding MOODENG and MOG yesterday.
Coinbase will add GIGA and TURBO
Coinbase, the largest cryptocurrency exchange in the United States, has publicly maintained assets roadmap From 2022 onwards. The roadmap includes assets the exchange plans to list in the future, which could significantly impact the underlying price. For example, Coinbase added MOODENG to the roadmap yesterdayits price subsequently rose by more than 60%.
Given the market demand, the exchange has been increasing its size meme coin products recent. soarFollowing closely behind its GIGA and TURBO announcementCoinbase also clarified a date for adding MOG support, just one day after putting it on the roadmap. This quick turnaround could mean other listings come in quickly, too.
“Coinbase will be adding support for MOG Coin (MOG) on the Base network. If liquidity conditions are met, trading will begin on or after December 5, 2024 at 9am PT. Once the asset is in sufficient supply, our MOG -Trading on the USD trading pair will launch in phases, and support for MOG may be limited in some supported jurisdictions.” Coinbase point out.
These listings could have a huge impact on GIGA and TURBO. TURBO is the largest AI meme coin Together with GOAT, it accounts for 60% of the industry in terms of transaction volume in October.
last month, Coinbase International starts offering perpetual futures TURBO, but this did not have a lasting impact on prices.
GIGA, on the other hand, could certainly be a shot in the arm. After a promising rally, Market value fell by nearly 85% In early November, after a massive sell-off. This was apparently related to the malware attack and much of GIGA’s price did recover.
Still, the dramatic bite took its toll. GIGA’s valuation has briefly surged since the Coinbase announcement.
As of press time, Coinbase has not provided an actual date for the listing of either token. Meme coin valuations are closely tied to community momentum and hype bubbles, and a quick listing could help sustain interest.
Regardless, Coinbase continues to show interest in this area, and GIGA and TURBO are likely to benefit from it.
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