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Coinbase begins trading GIGA and Turbo memecoins
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Coinbase, the largest cryptocurrency exchange in the United States, has started trading two new memecoins: GigaChad (GIGA) and Turbo (TURBO).
The trading of tokens takes place a week after the announcement of the roadmap that both were on the platform’s radar. Both showed considerable appreciation after being included in the Coinbase list. Memecoins have gained popularity among investors due to their appreciation in recent months.
GigaChad is a coin based on the Solana blockchain, inspired by Russian bodybuilder Ernest Khalimov. Since its launch, GigaChad has shown impressive performance. According to Coinbase, the coin was worth US$0.0808presenting a an increase of 19% compared to the previous day and an increase of 36% in the week.
Created from ChatGPT, TURBO is a memecoin developed on the Ethereum blockchain network. Since the announcement, TURBO has accumulated gains of around 15%. The highest value in the last 24 hours, however, was US$ 0.0124 in the early hours of the morning.
New memecoins on Coinbase
Over the last few hours, memecoin has been experiencing successive drops. Even so, in the weekly count, presents an appreciation of 22.53%.
Even though it is down, memecoin makes its debut on Coinbase in 132nd position in the popularity ranking. Common 262 million trading volume in 24 hoursTURBO has US$757 million in market capitalization.
Both memecoins arrive on the largest platform on the market with holder status. In the ranking of memecoins traded by Coinbase, the GIGA is in 6th and TURBO is right behind, in 7th. Ahead of them are the most popular memecoins: Doge (1st), Pepe (2nd), Shjib (3rd), Bonk (4th) and Wif (5th).
The announcement that the two memecoins were included in Coinbase caused both communities to celebrate on social media. Quickly, After Coinbase’s confirmation, several users share memes and messages from the platform stating that GIGA and TURBO were ready to be traded on the platform.
Coinbase begins trading GIGA and Turbo memecoins
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Coinbase begins trading GIGA and Turbo memecoins
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Coinbase begins trading GIGA and Turbo memecoins
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Coinbase begins trading GIGA and Turbo memecoins
