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Toshi is up 160% After Coinbase Asset Listing Announcement

Toshi is up 160% After Coinbase Asset Listing Announcement


  • Coinbase asset listing included Toshi in its recent announcement.
  • Base memecoin Toshi price jumped over 160% today and reached a peak of $0.0003662.

The broader crypto market is still hesitating to resume the bull run that started in December 2024. While Bitcoin is trading at the $96K price level, Ether is trading at $3,220 range. However, altcoins such as XRP, Avalanche, Dogecoin, and Cardano are showing notable recovery from recent price dips. Meanwhile, Toshi memecoin price is up by a whopping 130% in the past few hours.

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TOSHI Token Price (Source: CoinMarketCap)

The TOSHI memecoin was launched on Base network, being named after Coinbase CEO Brian Armstrong pet cat and Bitcoin creator Satoshi Nakamoto. It finally broke its long-term downward price movement when its price spiked by over 160% earlier today. From trading in the price range of $0.00014, Toshi price suddenly surged past $0.00035 range.

At press time, TOSHI is trading at $0.0002404, with a 75% increase in the last 24 hours. While its market cap is $98.26 million, 24-hour trading volume increased by more than 500%. After trading above the $0.0035 price range in Nov and Dec 2024, this is the first time Toshi price surged again.

Coinbase Asset Listing Included Toshi Memecoin



Assets added to the roadmap today: Toshi (TOSHI) https://t.co/rRB9d3hSr2

— Coinbase Assets
🛡
(@CoinbaseAssets) January 14, 2025

Earlier today, Coinbase announced that Toshi will be added to its roadmap today. This created buzz around Toshi on social platforms such as X and drew significant attention to this cat-based memecoin. Within just a few minutes after the announcement, Toshi price witnessed a sharp price spike.

Crypto investors and community members are perceiving this as a significant step for Toshi. Being one of the leading crypto exchanges, Coinbase asset listing is a crucial step for any crypto token to gain mass adoption. Toshi is the second Base-native memecoin to be listed on Coinbase exchange, as per Coinbase employee Rishi Prasad.

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