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coinpedia 2025-01-15 07:45:46

Toshi (TOSHI) Memecoin Surges 120% After Coinbase Listing: Is It a Good Buy?

The post Toshi (TOSHI) Memecoin Surges 120% After Coinbase Listing: Is It a Good Buy? appeared first on Coinpedia Fintech News Toshi (TOSHI), a quirky cat-themed memecoin inspired by coinbase coinbase - support@coinbase.com Wallet Centralised Exchange Global co-founder brian armstrong brian armstrong Brian Armstrong is one of the most well-known figures in the crypto industry today. He is an American investor, entrepreneur, and business executive. He is the CEO of Coinbase, a cryptocurrency platform. He is also a sought-after crypto expert and is often invited to speak at conferences all over the globe.Details:Organization: CoinbaseLocation: United StatesEducation: Master’s Degree in Computer Science from Rice University and Bachelor’s Degree in Computer science and economics from Rice UniversitySkills: Ruby and JavascriptExperience:CEO & Co-Founder of Coinbase from Jun 2012 to PresentTechnical Product Manager at Airbnb from May 2011 to Jun 2012CEO and Cofounder of UniversityTutor.com from Aug 2003 to May 2012FAQ's1.What is the net worth of Armstrong?Armstrong has a net worth of $2.4B Entrepreneur Investor Developer/Programmer Crypto and Blockchain Expert ’s cat and the mysterious creator of Bitcoin, is making waves in the crypto world. Built on the Base network, this small-cap token has just taken a giant leap toward mainstream adoption. After hitting a key milestone in its trading activity, Toshi is now set to be listed on Coinbase Global. The sudden surge in price and trading volume has caught the attention of many, and there’s much more to this story than meets the eye. Dive right in for the details. Toshi’s Price Explodes As announced, Toshi will join other popular memecoins like Peanut the Squirrel (PNUT) and Floki (FLOKI) on the Coinbase exchange. This listing is a significant step for Toshi, opening doors to a much larger audience and increasing its chances for mainstream success. Assets added to the roadmap today: Toshi (TOSHI) https://t.co/rRB9d3hSr2 — Coinbase Assets (@CoinbaseAssets) January 14, 2025 After the listing announcement, Toshi’s price surged by more than 120% in just 24 hours, peaking at $0.0003679. The small-cap memecoin now has a fully diluted market cap of about $114 million, and its daily trading volume skyrocketed by 515%, reaching $60 million. This dramatic rise points to a growing interest in Toshi and suggests it may be on track for further gains. Toshi’s Bullish Shift This price jump has pushed Toshi above its 50-day Moving Average (MA) , reversing the previous bearish sentiment. However, for the upward trend to stay strong, Toshi needs to consistently close above the $0.0004 resistance level. Doing so would confirm a sustained bullish momentum in the near future. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : DOGE & SHIB Prices Plunge: Will These Memecoins Recover? , Toshi Fundamental Outlook Toshi is quickly becoming a more prominent player in the crypto space. Listed on a dozen cryptocurrency exchanges, both centralized and decentralized, the token now has more than 489,000 on-chain holders. Additionally, Toshi enjoys good liquidity, with around $1 million in Wrapped Ether (WETH). This growth shows that Toshi is on its way to becoming the leading memecoin on the Base network. Toshi’s success highlights the growing competition within the memecoin market, which has become crowded with thousands of tokens. This saturation has slowed down the much-anticipated “altseason” as traders look for standout coins. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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// Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } }); Despite the crowded field, Toshi’s recent surge signals that it could carve out a more significant role in the memecoin ecosystem.

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