Toshi (TOSHI) Surged After Being Listed on Popular Exchanges

user avatar

by Giorgi Kostiuk

2 years ago

Recent developments in the crypto market are characterized by significant price spikes for certain coins, including Toshi (TOSHI), which has shown a notable increase in the past 24 hours.

Coinbase Effect

The lesser-known token Toshi (TOSHI) became one of the top gainers in the crypto market over the past day. This cat-themed meme coin, launched on blockchains like Solana and Base, saw its valuation increase by over 110%, reaching a one-month high of $0.00036788. The sharp price hike can be attributed to Coinbase adding TOSHI to its asset roadmap, which positively impacts liquidity and trust in the currency. Shortly after, Crypto.com also started trading services with TOSHI.

Rise of Other Meme Coins

Meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), dogwifhat (WIF), and others have also experienced significant price increases over the past 24 hours. While Peanut the Squirrel (PNUT) showcased a price boost recently, it is currently undergoing a correction, with a 7% drop. Nonetheless, these events highlight the potential of meme coins to rapidly surge following support from leading cryptocurrency platforms.

Conclusion

Receiving support from major players like Coinbase and Crypto.com can significantly influence the growth of a cryptocurrency. This underscores the importance of being listed on popular platforms to build trust and increase liquidity of digital assets.

TOSHI's rise after being added to platforms such as Coinbase and Crypto.com illustrates the influence of crypto exchanges on market trends and price dynamics. These events continue to affirm the significance of listing strategies in supporting new digital assets.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Political Fallout from Ueno Bank Crisis in Paraguay

The Ueno Bank crisis has triggered significant political repercussions in Paraguay, including the resignation of President Santiago Peña and potential impeachment proceedings.

user avatarFilippo Romano

Greece Enhances Crypto Tax Transparency Measures

Greece will implement new reporting and documentation requirements for cryptocurrency purchases starting in 2027 to ensure funds come from declared income or lawful sources.

user avatarTomas Novak

Greece Introduces 10% Tax on Crypto Investment Profits

Greece introduces a 10% tax on individual crypto investment gains starting January 1, 2027.

user avatarEmily Carter

Gnosis Pay Implements Enhanced Security Measures Following Breach

Gnosis Pay has implemented enhanced security measures, including 3D Secure for online payments and increased fraud monitoring, following a data breach.

user avatarMaya Lundqvist

Gnosis Pay Reports Data Breach Affecting Customer Information

Gnosis Pay reported a data breach where hackers accessed customer information through its card system, prompting immediate containment measures.

user avatarKaterina Papadopoulou

Ueno Digital Bank Collapse Revives Bitcoin Self-Custody Debate

The collapse of Ueno Digital Bank in Paraguay has sparked renewed discussions about financial independence and self-custody of Bitcoin, highlighting both the benefits and risks associated with managing one's own assets.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.