A memecoin based on Solana (SOL) is seeing a double-digit increase after Coinbase added the crypto asset to its listing roadmap.

Gigachad (GIGA), a crypto asset inspired by Russian bodybuilder Ernest Khalimov’s photoshoot, surged 51% as the leading US crypto exchange made the announcement.

GIGA was trading at $0.0414 on Wednesday morning and rose to a high of $0.0627. GIGA has since declined and is trading at $0.04856 at the time of writing.

With a market cap of $467.5 million, GIGA is the 237th largest crypto project.

Coinbase uses the Listing Roadmap for transparency and to prevent insider trading of coins before they are listed. Inclusion on the listing roadmap means the company has determined that the asset is likely to be available for trading in the future.

The exchange also announced the roadmap listing of Ethereum (ETH)-based Turbo (TURBO), a GPT-4 inspired memecoin. Following the announcement, TURBO shot from $0.007723 to $0.009075, a jump of more than 17%.

TURBO has since retreated and is trading at $0.008165 at the time of writing.

With a market cap of $563.1 million, TURBO is the 202nd largest crypto project.

The two memecoins are among several others that Coinbase recently announced it would soon support.

The exchange announced this week that it is adding MOG Coin (MOG), a memecoin available on both the Ethereum and Base blockchains, as well as the new Solana-based memecoin Moo Deng (MOODENG) to its roadmap become.

MOG is trading at $0.000002317 at the time of writing, down 4.6% in the last 24 hours. Meanwhile, MOODENG is trading at $0.0001323, up 12.7% in the last 24 hours.

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