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Home” Ecosystem” Kraken to note GIGA meme coin next week
by
Estefano Gomez
Oct. 24, 2024
Kraken prepares to list GIGA as meme coin market cap reaches $75 billion
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Kraken revealed today that the GIGA meme coin will be readily available for complete trading on October 29.
📅 A preview at next week’ s listings:
Oct 28th –– 14:00 UTC
Network growths$PUFFER$ PYUSD
Oct 29th –– 14:00 UTC
Complete trading$GIGA
👀 Roadmap updates every Thursday ⤵ ️ https://t.co/hv1TlhIJJf
* Geographic constraints might use pic.twitter.com/uDeLAU08lv
— Kraken Pro (@krakenpro) October 24, 2024
GIGA, priced at $0.062 with a market cap of $600 million, has actually seen an 8.5% boost over the last 24 hours, and its listing on Kraken is anticipated to draw a lot more attention.
Meme coins have actually risen over the previous 8 months, mainly due to Bitcoin’ s relative stability. With Bitcoin trading in a tighter variety and revealing less volatility, other tokens, especially meme coins, have actually had space to grow.
Because the launch of Pump.fun‘ s token terminal in January, the meme coin market has actually blown up, with a number of coins publishing gains in the countless percent, pressing the sector’ s general market cap to $75 billion, according to information from CoinGecko.
GIGA signs up with a congested field of effective meme coins like GOAT, the AI-driven token that just recently reached a market cap of $760 million.
Kraken has actually been broadening its efforts beyond meme coins. Earlier today, it revealed the upcoming launch of its DeFi blockchain, Ink, which is set to go reside in early 2025.
Ink will concentrate on decentralized trading and loaning, intending to supply a structured, easy to use experience. Especially, Kraken has actually decided not to release a native token for Ink, differentiating itself from other platforms that have actually taken that path.
The platform will introduce with over a lots DeFi apps and strategies to broaden to real-world possessions and innovative loaning items in the future.
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