Toshi (TOSHI) Memecoin Surges 120% After Coinbase Listing Announcement
Toshi (TOSHI), a cat-themed meme coin named after Coin library Coin library – (email protected) walletCentralized exchange Global Co-Founder Brian Armstrong Brian Armstrong Brian Armstrong is one of the most well-known figures in the cryptocurrency industry today. He is an American investor, entrepreneur and business executive. He is the CEO of cryptocurrency platform Coinbase. He is also a popular cryptocurrency expert and is frequently invited to speak at conferences around the world. Details: Organization: Coinbase Location: United States Education: Master’s degree in computer science from Rice University and bachelor’s degree in computer science and economics from Rice University Skills: Ruby and Javascript Experience: CEO and co-founder of Coinbase, June 2012 to present Served as Product Manager of Airbnb from May 2011 to June 2012 Served as UniversityTutor.com from August 2003 to May 2012 CEO & Co-Founder FAQ 1. What is Armstrong’s net worth? Armstrong’s net worth is $2.4B
entrepreneurinvestorDeveloper/ProgrammerCryptocurrency and Blockchain Expert Cat and Bitcoin’s anonymous creator, acquired A major push for its mainstream adoption. Memecoins built on the Base network will be listed on the Coinbase Global network after trading activity reaches important milestones.
according to announcementthe Toshi memecoin has been added to the listing roadmap by Coinbase Global. As such, Toshi tokens will follow other memecoin projects listed on the Coinbase exchange, including Peanut the Squirrel (PNUT) and Floki (FLOKI), among others
Impact on Toshi price trends
Following Coinbase Global’s planned listing, Toshi’s price has increased by more than 120% in the past 24 hours, reaching a daily high of approximately $0.0003679. The small-cap memecoin has a fully diluted valuation of approximately $114 million, and average daily trading volume surged 515% to approximately $60 million.
As a result, Toshi’s price rebounded above the daily line of 50 moving average (MA), thus invalidating the previous bearish sentiment. However, Toshi’s price must consistently close above the resistance around $0.0004 to warrant a fresh bullish trend in the near term.
Fundamental outlook
Small-cap memecoin has grown into a vibrant project listed on more than a dozen public companies cryptocurrency exchange and Decentralized exchange. As a result, Toshi has attracted more than 489,000 on-chain holders. Additionally, Toshi has approximately $1 million in Wrapped Ether (WETH) liquidity.
Toshi aims to become the premier memecoin on the Base network, and listing on Coinbase will be a major boost. Additionally, the existence of thousands of memecoins greatly dilutes the altcoin industry, slowing down the arrival of the highly anticipated altcoin season.
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