Toshi, which started as a meme coin on Coinbase's Base Layer-2 network, has evolved over two years into an active player in the ecosystem, transforming from a whimsical idea to a serious platform in the DeFi world.
Launch and Evolution of Toshi
The Toshi meme coin was launched in 2023 on the Base network by Coinbase. The name pays homage to Coinbase's co-founder Brian Armstrong's cat and Bitcoin creator Satoshi Nakamoto. Despite its humble beginnings, by February 2025, the token has become one of the most actively traded assets on the Base platform.
Token Distribution and Supply
Of the 542,569 token holders, 21 addresses hold more than 1% of the total supply, and 14 addresses hold between 0.5% and 1%. While the distribution is concentrated among large holders, the base of smaller holders is also growing. The project launched with a total supply of 420.69 billion tokens, attracting significant attention and activity after its listing on Coinbase.
Toshi's Tools and Applications
One of Toshi's unique features is its comprehensive suite of DeFi tools and services. Key components include Toshi Mart and the ToshiTools suite. Toshi Mart operates as a launchpad for new meme coins on the Base network, ensuring quality and safety. The ToshiTools suite includes features for secure token locking, mass sending, and simplified token creation.
The Toshi project, initially a meme coin, has established itself as a full-fledged DeFi platform with numerous innovative features. Its growth and success depend on ongoing technical improvements and maintaining an engaged user community.
