Toshi Memecoin Set to Shine After Coinbase Listing

January 15, 2025 BACK TO NEWS

Toshi (TOSHI) surges after listing on Coinbase, positioning itself as a strong memecoin contender in 2025 - IcoHolder.

Toshi (TOSHI), a quirky cat-themed memecoin inspired by both Coinbase co-founder Brian Armstrong’s feline companion and the enigmatic origins of Bitcoin, is making significant waves in the crypto community. Built on the Base network, this small-cap token has just achieved a major milestone, securing a listing on Coinbase Global, one of the most prominent cryptocurrency exchanges in the world.

Surge in Price and Trading Activity

Toshi's listing on Coinbase marks a crucial step in its journey to mainstream adoption. The announcement alone triggered a dramatic surge in the token’s price and trading volume. In just 24 hours, Toshi's price soared by over 120%, reaching a peak of $0.0003679. Its market cap has now grown to $114 million, with daily trading volumes skyrocketing by 515%, totaling $60 million.

This surge indicates not only a growing interest in Toshi but also suggests its potential for continued gains in the near future. The excitement surrounding its entry into the Coinbase exchange has firmly positioned Toshi as a coin to watch in 2025.

A Bullish Shift for Toshi

The price rally has also sparked a shift in sentiment surrounding Toshi. The token has now surpassed its 50-day moving average, signaling a reversal of its previous bearish trend. However, for the momentum to remain strong, Toshi will need to consistently break through the $0.0004 resistance level. If successful, this could confirm a sustained upward trajectory.

The Road Ahead for Toshi

Toshi is quickly establishing itself as a notable player in the memecoin market, with more than 489,000 on-chain holders and listings across numerous exchanges, both centralized and decentralized. The token enjoys solid liquidity, including around $1 million in Wrapped Ether (WETH). With its increasing prominence and growth, Toshi appears to be well on its way to becoming a key contender on the Base network.

While the memecoin market is flooded with thousands of tokens, Toshi’s rise highlights the fierce competition within the space. As traders continue to seek standout coins, Toshi’s recent success may signal the beginning of a new chapter for the cat-themed token, further solidifying its place in the crypto landscape.