Toshi memecoin, inspired by Brian Armstrong’s cat, gained value with its addition to Coinbase’s listing roadmap.
Coinbase’s Roadmap
Toshi (TOSHI), Ethereum $3,333.4It is a memecoin developed on ‘s layer-2 solution called Base, and it increased by over 100% after Coinbase’s announcement.
The day before it was added to the listing roadmap, TOSHI was traded at 0.00001161, and after the news, it climbed to 0.0003679, an increase of 216%. Currently, TOSHI is trading at a price of $0.0002953 and its market cap is set at $126.5 million. With this value, TOSHI is the 507th largest crypto project.
Coinbase’s Transparency Policy
Coinbase uses this method to ensure transparency through its listing roadmap and to prevent coins from being subject to pre-listing insider trading cases. When an asset is included in the listing roadmap, it means that the firm has determined that the asset may be suitable for transaction in the future.
“Toshi aims to be the face of Base and the leading figure of the ecosystem. “With a strong meme culture and an expanding community, Toshi is working to become the premier memecoin on Base.” -TOSHI
Toshi project claims meme coin is based on Armstrong’s cat and Bitcoin 
$99,128.5It states that it is named after Satoshi Nakamoto, the pseudonym of , and aims to serve as the face and mascot of Base. The project aims to gain an important place in the Base ecosystem with its expanding community and important usage areas. This strategy is designed to enable memecoin to engage audiences on the network in an attractive way.
According to the official statements of the project, Toshi’s goal is to become the face of Base and take part as one of the leading figures in the growth of the ecosystem.
Toshi memecoin experienced a significant increase in value in a short time after being included in Coinbase’s listing roadmap. This development once again revealed the dynamics of meme coins in the crypto market.
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.
