Coinbase Expands Its Offering with Three New Altcoins

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.”