Coinbase’s Memecoin Frenzy Continues

Coinbase, the leading centralized exchange in the United States, has upped its memecoin game over the last month and recently listed two more tokens, TURBO and GIGA. The announcement came less than a month after Coinbase announced spot listings for PEPE and WIF on Nov. 12, which fueled a market-wide rally across the memecoin sector. The memecoin space has cooled down since, and Pump.Fun volumes are down 24% in the last week as a result. However, TURBO and GIGA are up 18% and 37%, respectively, over the last week, propelled by the excitement of the Coinbase listings. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io