Coinbase, one of the leading crypto exchanges in the U.S., has expanded its asset offerings by adding three new digital tokens, including a trending memecoin.
Gigachad (GIGA), built on the Solana blockchain, has garnered attention thanks to its association with Russian bodybuilder Ernest Khalimov’s photo series. The token surged by over 39% following its listing on Coinbase, rising from $0.04911 to $0.06844. Currently valued at a market capitalization of $657.9 million, Gigachad ranks as the 183rd largest crypto project.
In addition to GIGA, Coinbase introduced Magic Eden (ME), a utility token tied to the Solana-based NFT marketplace Magic Eden.
ME allows users to list and sell NFTs on the platform, earning tokens through transactions.
Lastly, the exchange listed Turbo (TURBO), an Ethereum-based memecoin inspired by a toad character, created with GPT-4. Turbo’s community celebrated its Coinbase debut with an enthusiastic message on social media, calling the token a “symbol of power and community-driven potential.”
The U.S. Securities and Exchange Commission has made it clear it will no longer involve itself in regulating memecoins—tokens often driven by internet culture, hype, and political branding.
A fresh attempt to introduce staking-based ETFs in the U.S. has run into immediate friction with regulators.
Uphold, a digital finance platform known for its crypto-friendly services, is taking new steps that could reshape how XRP holders earn passive income.
The PI token has suffered a steep decline, dropping to $0.61 after falling over 22% in just one week.