Toshi (TOSHI), a Base-based meme coin that bears the name of a cat owned by the Chief Executive Officer of Coinbase, is delivering eye-popping gains of 836% in the past 30 days.
This character has quickly become the face of the layer-two Ethereum scaling project developed by Coinbase to reduce network fees for its users.
$TOSHI is officially live on @coinbase.
Start trading now: https://t.co/WVIkBtABxA pic.twitter.com/gwrQjDIGWp
— TOSHI (@Toshi_base) January 23, 2025
Data from CoinMarketCap shows that TOSHI’s price has surged by 3,060% since the token was launched, although it currently trades 51.4% below its all-time high of $0.001081 from January 26, 2025.
However, most of the token’s impressive run came after it was listed on Coinbase. Currently, the US-based crypto exchange accounts for 56.7% of its 24-hour trading volume just 8 days after the listing was announced.
In addition to the spot listing, Coinbase also launched a perpetual futures contract for the token, which opens up room for traders to speculate about the future trajectory of its price.
Toshi’s website is well-made and the project’s founders have shared various updates about what comes next as they seek to take advantage of this wave of positive momentum to build an ecosystem around TOSHI.
Toshi Tools was launched recently to help developers create decentralized applications (dApps) that live on the Base blockchain. In addition, toshi mart – a Pump.fun-like platform – was also released for users who want to create their own meme coins on Base.
Finally, the project will soon launch the MEOW DAO, a decentralized autonomous organization (DAO) that will give TOSHI holders the right to vote on community proposals.
TOSHI Finds Support at $0.0010, But Momentum Seems to Have Faded
Despite the significant gains that TOSHI has delivered since its listing, the 1-hour chart on Coinbase shows that the token has made several consecutive lower highs since its price peaked on January 26.
For now, TOSHI has found support at the $0.0010 level and seems headed to retest that threshold in the next couple of days. The Relative Strength Index (RSI) is already nearing oversold territory, while the MACD’s histogram has been submerged in negative territory for two days now.
The short-term outlook for TOSHI may be bearish, but the token’s listing on Coinbase and its close association with the exchange – although no official ties exist – could turn this meme coin into one of the top-performing cryptocurrencies of the year.
Meanwhile, a handful of top new ICO cryptos like Best Wallet ($BEST) are also promising significant upside potential to investors in 2025.
Best Wallet ($BEST) Aims to Change How Investors Store Their Digital Assets
The Best Wallet ($BEST) presale is a testament to the project’s disruptive nature, as it has raised $8.8 million less than two months after the event kicked off.
Through the Best Wallet mobile application, users can buy, sell, and swap cryptocurrencies and store their digital assets safely. The app is available for both iOS and Android phones and has received a 4.5-star rating from early adopters already.
Aside from the usual capabilities that hot wallets typically offer, Best Wallet has introduced certain upgrades like the Upcoming Tokens tool, which allows users to identify and invest in the best ICOs available in the marketplace.
Last year, this feature identified Pepe Unchained ($PEPU), a layer-two Ethereum scaling solution whose native token skyrocketed by over 700% after it was listed on exchanges. In addition, Best Wallet will support digital assets in over 60 different chains and has plans to launch a decentralized exchange after its presale event concludes.
At its discounted price of $0.0238, $BEST can deliver significant gains to early buyers right after the token is listed on exchanges. This price will be increased in the next 11 hours to compensate the most loyal supporters.
To buy $BEST, visit the Best Wallet website and connect your wallet. You can either swap ETH, USDT, or BNB tokens or use a bank card to complete the purchase.
The best crypto presales of this year are poised to outperform the market’s incumbents this year as a pro-crypto President has taken over the reins of the United States. The bullish cycle is just getting started.
