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Inspired by Brian Armstrong’s cat, Toshi memecoin has gained value following its addition to Coinbase‘s listing roadmap.
Coinbase’s Listing Roadmap
Toshi (TOSHI), a memecoin developed on Ethereum 
$3,315‘s Base layer-2 solution, experienced over a 100% increase after Coinbase’s announcement. Just a day before its inclusion in the listing roadmap, TOSHI was trading at $0.00001161. Following the news, its price surged to $0.0003679, reflecting a 216% increase. Currently, TOSHI is trading at $0.0002953, with a market cap of $126.5 million, positioning it as the 507th largest crypto project.
Coinbase’s Transparency Policy
Coinbase employs this method to ensure transparency through the listing roadmap and to prevent insider trading incidents before a coin’s listing. Inclusion in the roadmap indicates that the company has determined the asset may be suitable for future trading.
“Toshi aims to be the face of Base and a leading figure in the ecosystem. With a strong meme culture and an expanding community, Toshi is striving to become the premier memecoin on Base.” -TOSHI
The Toshi project is named after Armstrong’s cat and the pseudonym of Bitcoin 
$100,300‘s creator, Satoshi Nakamoto, aiming to serve as the face and mascot of Base. The project seeks to carve out a significant position within the Base ecosystem, supported by a growing community and notable use cases. This strategy is designed to attract a wide audience to the memecoin on the network.
According to official statements, Toshi’s goal is to become the face of Base and a leading figure in the ecosystem’s growth. Following its inclusion in Coinbase’s listing roadmap, Toshi memecoin has quickly seen a significant increase in value, highlighting the dynamics of memecoins in the crypto market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
