What is Toshi Coin (TOSHI) and why is it trending now?

2d ago•

bullish:

bearish:

BitcoinWorld

What is Toshi Coin (TOSHI) and why is it trending now?

As of September 5, 2025, Toshi Coin (TOSHI) is a top trending cryptocurrency, known as the unofficial mascot of the Base blockchain. It is a memecoin that has gained significant attention and experienced a surge in trading volume due to its recent listing on major exchanges and its strong community-driven momentum. The coin is named in homage to both Coinbase co-founder Brian Armstrong’s cat and Bitcoin’s creator Satoshi Nakamoto.

Toshi Coin (TOSHI) Ecosystem and Core Functionality

Initially launched as a memecoin, the Toshi project has evolved to include a suite of utility-focused tools on the Base Layer 2 blockchain.

Origin: The project was launched in 2023 on the Base blockchain, a Layer 2 network developed by Coinbase to offer faster and cheaper transactions.

Ecosystem Tools: Toshi provides practical tools for developers, including a token launchpad, liquidity lockers, and a multisender, aiming to be the premier meme coin ecosystem on Base.

Community Governance: The project is transitioning to a decentralized autonomous organization (DAO) known as “Meow DAO,” which will allow TOSHI token holders to participate in governance decisions.

Tokenomics: The total and circulating supply of TOSHI is 420,690,000,000 tokens.

The Latest News and Reasons for the Price Surge

The recent surge in TOSHI’s market cap and trading volume is attributed to several key developments and market dynamics.

Major Exchange Listings: The token’s listing on Binance.US on August 7, 2025, was a significant catalyst, leading to an immediate 23% price pump and increased speculation about a potential listing on the global Binance platform.
Market Volatility: TOSHI has shown extreme volatility, with its price soaring over 1,100% in the past two weeks and an additional 23% in a single 24-hour period, pushing its market cap to a recent high of approximately $600 million.
Social Media Hype: The coin’s momentum is heavily amplified by social media and influencer engagement, creating a high level of FOMO (Fear of Missing Out) among retail investors.

Key Financial Metrics (September 2025)

Current Price: $0.000562 USD (₹0.0579 INR)
24-Hour Trading Volume: Over $12 million
Weekly Price Change: Up over 27%
Annual Performance: Up over 250%
Recent Listings: Binance.US and Toobit

Important Context and Risks

While Toshi is building out its utility, its primary value remains speculative, driven by community hype and exchange listings. As with all memecoins, TOSHI carries a high-risk profile due to its extreme price volatility and reliance on social sentiment rather than fundamental utility. Investors should exercise caution and conduct their own research.