In the past few days, Coinbase has added meme tokens TURBO crypto and GIGA to its listing roadmap, leading to substantial price increases for both tokens. Following the announcement, GIGA’s price shot up 70%, and Turbo’s price climbed 24%.
GIGA hit $0.058 during its spike. However, there was a sizeable sell-off, which led to it dropping as low as $0.047. Early this morning (December 5), it began reversing and is now trading above the Coinbase listing spike at around $0.06.
The other meme coin on Coinbase’s listing roadmap, TURBO crypto
rose by 24% on the news, briefly tapping $0.0088. Similar to GIGA, it briefly cooled off, going as low as $0.0082. It has begun climbing again and is now trading for roughly $0.0086.🚀 JUST IN: Coinbase has added $GIGA and $TURBO to its listing roadmap today pic.twitter.com/5p9UIMxfSz
— Crypto Briefing (@Crypto_Briefing) December 4, 2024
TURBO And GIGA Listings Continue Coinbase’s Recent Run Of Meme Coin Listings
This latest listing roadmap follows Coinbase’s recent addition of two more meme coins, MOG and MOODENG, earlier this week.
These recent coin listings by one of the biggest exchanges highlight the dominance of meme coins over the past 18 months. Coinbase was once known to steer away from listing meme coins that were not established. MOODENG, TURBO, and GIGA are all sub $1 billion market cap tokens, all between $400-600 million.
From the recent meme coin listings, only MOG can claim to be a billion-dollar token. While its current market cap is around $950 million, it has previously traded above $1 billion.
The listings come amid growing anticipation for new token launches on major exchanges such as Coinbase and Binance, the two largest exchanges globally.
Coinbase and Binance list meme coins with relatively low market caps, which is a bullish sign for some newer players. This list includes meme coins like Chill Guy (CHILLGUY), CatSlap (SLAP), and the hottest presale this year, Pepe Unchained (PEPU).
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PEPU Could Be A Frontrunner For The Next Coinbase Listing Following Historic Presale Raise
It’s been a long journey, and the $PEPU presale has seen unprecedented demand.
As we approach the 74M hardcap, the journey to establish Pepe Unchained as the go-to chain for meme coin development and trading begins. 👇 pic.twitter.com/CPbkj2Px5p
— Pepe Unchained (@pepe_unchained) December 4, 2024
The Pepe Unchained presale has made history, generating an incredible $73 million in early investor funding. PEPU will not only be a meme coin but also the native token behind the project’s Layer-2 meme coin ecosystem.
For these reasons, Coinbase and Binance are likely keeping a close eye on PEPU. There have been strong rumors of a Tier-1 exchange listing following its launch in less than 8 days. Leading exchanges will be climbing over each other to secure the insane volume that is likely to follow a $73 million+ presale.
Whale investors have been jumping on board throughout the presale, with multiple five- and even six-figure investments into PEPU. There are only seven days left to get your hands on PEPU at presale prices, currently available for $0.01295 per token. Once the timer ends, distribution of PEPU will begin shortly after, and analysts are predicting the price to soar as exchange listings begin to be announced.
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