Toshi began as a meme coin paying tribute to Coinbase co-founder Brian Armstrong's cat but soon grew into a major project on the Base L2 network.
Toshi's Evolution: From Meme Coin to Full-Scale Platform
Launched in 2023 on Base, Coinbase's Layer-2 network, Toshi was initially seen as just another meme coin. However, by February 2025, Toshi became one of the most actively traded tokens on this platform. The name Toshi is a nod to both Armstrong's cat and Bitcoin creator Satoshi Nakamoto.
Token Distribution and Supply
Currently, Toshi has 542,569 holders, with 21 addresses holding more than 1% of the supply, and 14 addresses holding between 0.5 and 1%. This indicates a relatively concentrated distribution among large holders. The project launched with a total supply of 420.69 billion tokens.
Toshi's Practical Applications and Tools
Toshi stands out from other meme coins with its comprehensive suite of DeFi tools. The platform's cornerstone is Toshi Mart, a launchpad for meme coins on the Base network. Advanced tools like the Locker system for token locking and the Multisender for large-scale transactions provide valuable practical use. Toshi is also transitioning to a decentralized autonomous organization structure through MEOW DAO, involving the community in governance.
Toshi has established itself as a successful project with a functional decentralized infrastructure. Despite a successful launch, the project faces standard market challenges. Continued development and maintaining a user base are key to its long-term success.
