Toshi Memecoin named (TOSHI) gained 133 percent in value in the last 24 hours after it was added to the listing road map of the US-based giant cryptocurrency exchange Coinbase. The coin, developed on the Base network, managed to increase its price to $ 0.00036788 after the announcement. However, Toshi, which retreated slightly after this peak, is currently traded at $ 0.000305.
Listing Roadmap Announcement Changed Many Things at Toshi
coinbase‘s recent listing roadmap announcement has made Toshi more noticeable in the memecoin market. Memecoin, which was developed especially on the Base Blockchain, aroused great excitement in the cryptocurrency community. Toshi’s market value currently stands at $129.8 million. In the last 24 hours, a transaction volume of over 49 million dollars was recorded in the coin.
Toshi, named after Coinbase co-founder Brian Armstrong‘s cat and Bitcoin 
$97,120.1It is named after Satoshi Nakamoto, known as the inventor of (BTC). While this creative detail in Memecoin’s name increases the recognition of the coin, it has already become one of the important topics of discussion on the social media platform X.
Working in product management at Coinbase Rishi PrasadHe stated that the listing is one of the turning points for memecoins developed on the Base Blockchain. Prasad, so far, Coinbase is Base-based memecoinHe pointed out that he listed only Degen coin among the ‘s and stated that Toshi could be second in this category.
Effects of Connection Between Base and Coinbase
Base is known as a Blockchain network developed by Coinbase. However, despite this, Coinbase acts very cautiously when listing memecoins created on this network. Degen’s listing process was completed in October 2023.
Coinbase’s monthly transaction volume reached 191.9 billion in December, once again revealing the importance of the giant cryptocurrency exchange in the industry. If Toshi is included in this list memecoin market This may pave the way for a much more intense competitive environment.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
