Crypto
- Coinbase’s roadmap addition of Toshi signals rising interest in Base-native tokens.
- Toshi’s price surge highlights strong market optimism after Coinbase’s announcement.
- Base blockchain gains momentum as Coinbase supports ecosystem diversification.
Coinbase, a leading cryptocurrency exchange, has revealed plans to list Toshi (TOSHI). Toshi is a memecoin built on the Base blockchain that has garnered significant attention due to its unusual origin.
The token’s name combines “Toshi,” from Coinbase co-founder Brian Armstrong’s cat, and “Satoshi,” from Bitcoin’s pseudonymous creator, Satoshi Nakamoto. This listing signals growing interest in Base-native projects. Following the announcement, Toshi saw a dramatic price increase, further raising its profile.
Toshi Explodes After Listing Announcement
News of the potential listing brought a massive rally for Toshi. In the past 24 hours, its price has skyrocketed by 91.59%, with a peak increase of 133%. The token is currently valued at $0.000260, supported by a strong 24-hour trading volume of $47.7 million. This growth highlights the market’s excitement about Toshi’s potential addition to Coinbase.
Related: Coinbase Lists Solana Meme PNUT: Will its Price Explode?
The announcement also sparked conversations on social media. Crypto enthusiasts on X (formerly Twitter) expressed their enthusiasm, with many viewing this as a major moment for memecoins on the Base blockchain.
Base Blockchain Gains Traction
Toshi’s inclusion on Coinbase’s roadmap is a win not only for the token but also for the Base blockchain. Although incubated by Coinbase, the Base network has seen few listings on the exchange.
Before Toshi, the only Base-native memecoin listed was Degen, introduced in October. Toshi is now the second such memecoin to gain Coinbase’s attention, highlighting the platform’s growing focus on its blockchain ecosystem.
Coinbase remains a dominant player in the cryptocurrency industry, with a monthly trading volume of $191.9 billion in December, up from $175.8 billion in November. By listing tokens like Toshi, Coinbase continues to attract a wider range of users, including those interested in memecoins.
Related: Crypto Industry Applauds Coinbase’s Legal Win Over SEC Ruling
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