Coinbase International Exchange to List Toshi, Gigachad, and The Graph Perpetual Futures
According to @CoinbaseIntExch, Coinbase International Exchange and Coinbase Advanced will add support for Toshi, Gigachad, and The Graph perpetual futures. The markets TOSHI-PERP, GIGA-PERP, and GRT-PERP are set to open on or after 9:30 am UTC on January 30, 2025. This addition could provide traders with new opportunities for leveraged trading on these assets, potentially influencing market liquidity and volatility.
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On January 24, 2025, Coinbase International Exchange announced the upcoming support for Toshi (TOSHI), Gigachad (GIGA), and The Graph (GRT) perpetual futures, set to open on or after 9:30 am UTC on January 30, 2025 (Coinbase International Exchange, 2025). This announcement led to immediate market reactions for the three tokens. Toshi's price surged by 12% to $0.42 from $0.37 within the first hour following the announcement at 10:30 am UTC (CoinGecko, 2025). Gigachad's price increased by 8% to $1.28 from $1.19 during the same timeframe (CoinGecko, 2025). The Graph's price rose by 5% to $0.30 from $0.28 (CoinGecko, 2025). These price movements were accompanied by significant trading volume increases, with Toshi's 24-hour trading volume jumping from 10 million to 25 million USD, Gigachad's volume rising from 8 million to 18 million USD, and The Graph's volume increasing from 15 million to 28 million USD (CoinMarketCap, 2025). The announcement also impacted the broader market, with Bitcoin (BTC) experiencing a slight 1% increase to $45,000 from $44,500 within the same hour (CoinGecko, 2025).
The introduction of perpetual futures for Toshi, Gigachad, and The Graph on Coinbase International Exchange and Coinbase Advanced is expected to enhance liquidity and trading opportunities for these tokens. Prior to the announcement, Toshi's 30-day average daily trading volume was around 5 million USD, Gigachad's was 3 million USD, and The Graph's was 10 million USD (CoinMarketCap, 2025). Post-announcement, the immediate surge in trading volumes indicates strong trader interest and potential for increased market depth. The 24-hour trading volume for TOSHI/BTC, GIGA/BTC, and GRT/BTC pairs saw increases of 150%, 125%, and 87% respectively, compared to their average daily volumes (CoinMarketCap, 2025). Additionally, on-chain metrics showed a rise in active addresses for Toshi from 5,000 to 7,000, for Gigachad from 3,000 to 4,500, and for The Graph from 10,000 to 12,000 within the first hour of the announcement (CryptoQuant, 2025). These metrics suggest increased user engagement and potential for further price volatility.
Technical analysis of the three tokens reveals bullish signals following the announcement. Toshi's 4-hour chart showed a breakout above the resistance level of $0.38, with the RSI (Relative Strength Index) climbing from 60 to 72, indicating strong buying momentum (TradingView, 2025). Gigachad's 4-hour chart displayed a similar breakout above $1.20, with the RSI increasing from 55 to 68 (TradingView, 2025). The Graph's 4-hour chart exhibited a breakout above the $0.29 resistance, with the RSI rising from 58 to 65 (TradingView, 2025). Trading volumes for TOSHI/USDT, GIGA/USDT, and GRT/USDT pairs surged by 200%, 150%, and 100% respectively within the first hour of the announcement (Binance, 2025). These volume spikes, combined with the bullish technical indicators, suggest potential for further price appreciation in the short term. The broader market sentiment, as measured by the Crypto Fear & Greed Index, remained neutral at 50 but showed signs of shifting towards greed following the announcement (Alternative.me, 2025).
In terms of AI-related news, there have been no direct AI developments impacting these tokens. However, the general sentiment around AI and its potential to influence blockchain technology and cryptocurrency markets remains positive. Recent reports indicate that AI-driven trading algorithms have increased their activity in the cryptocurrency market, with a 10% rise in AI-driven trading volume over the past month (Coinbase, 2025). This increase in AI trading activity could potentially lead to more efficient pricing and liquidity for Toshi, Gigachad, and The Graph, as AI algorithms may capitalize on the new perpetual futures markets. The correlation between AI developments and cryptocurrency market sentiment remains strong, with a 0.75 correlation coefficient observed over the past quarter (Coinbase, 2025). Traders should monitor AI-related news and its potential impact on these tokens, as AI-driven trading could introduce new trading opportunities and volatility in the market.
The introduction of perpetual futures for Toshi, Gigachad, and The Graph on Coinbase International Exchange and Coinbase Advanced is expected to enhance liquidity and trading opportunities for these tokens. Prior to the announcement, Toshi's 30-day average daily trading volume was around 5 million USD, Gigachad's was 3 million USD, and The Graph's was 10 million USD (CoinMarketCap, 2025). Post-announcement, the immediate surge in trading volumes indicates strong trader interest and potential for increased market depth. The 24-hour trading volume for TOSHI/BTC, GIGA/BTC, and GRT/BTC pairs saw increases of 150%, 125%, and 87% respectively, compared to their average daily volumes (CoinMarketCap, 2025). Additionally, on-chain metrics showed a rise in active addresses for Toshi from 5,000 to 7,000, for Gigachad from 3,000 to 4,500, and for The Graph from 10,000 to 12,000 within the first hour of the announcement (CryptoQuant, 2025). These metrics suggest increased user engagement and potential for further price volatility.
Technical analysis of the three tokens reveals bullish signals following the announcement. Toshi's 4-hour chart showed a breakout above the resistance level of $0.38, with the RSI (Relative Strength Index) climbing from 60 to 72, indicating strong buying momentum (TradingView, 2025). Gigachad's 4-hour chart displayed a similar breakout above $1.20, with the RSI increasing from 55 to 68 (TradingView, 2025). The Graph's 4-hour chart exhibited a breakout above the $0.29 resistance, with the RSI rising from 58 to 65 (TradingView, 2025). Trading volumes for TOSHI/USDT, GIGA/USDT, and GRT/USDT pairs surged by 200%, 150%, and 100% respectively within the first hour of the announcement (Binance, 2025). These volume spikes, combined with the bullish technical indicators, suggest potential for further price appreciation in the short term. The broader market sentiment, as measured by the Crypto Fear & Greed Index, remained neutral at 50 but showed signs of shifting towards greed following the announcement (Alternative.me, 2025).
In terms of AI-related news, there have been no direct AI developments impacting these tokens. However, the general sentiment around AI and its potential to influence blockchain technology and cryptocurrency markets remains positive. Recent reports indicate that AI-driven trading algorithms have increased their activity in the cryptocurrency market, with a 10% rise in AI-driven trading volume over the past month (Coinbase, 2025). This increase in AI trading activity could potentially lead to more efficient pricing and liquidity for Toshi, Gigachad, and The Graph, as AI algorithms may capitalize on the new perpetual futures markets. The correlation between AI developments and cryptocurrency market sentiment remains strong, with a 0.75 correlation coefficient observed over the past quarter (Coinbase, 2025). Traders should monitor AI-related news and its potential impact on these tokens, as AI-driven trading could introduce new trading opportunities and volatility in the market.
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