Toshi (TOSHI) is a memecoin on the Base network that recently surged over 135% in just 24 hours. This spike followed Coinbase’s announcement to include Toshi in its future listing plans. Despite this rally, Toshi’s performance remains erratic, showcasing the volatility typical of the cryptocurrency market.
In early 2024, Toshi’s market cap reached a high of $73.66 million but later fell to $51.36 million. However, as market conditions improved, Toshi rebounded, achieving a market cap of $75.62 million by 2025.
The token’s price has also shown significant fluctuations. Recently, Toshi’s value increased by 66.68%, reaching $0.0002378, while trading volume surged by 384.30% to $50.5 million. With a circulating supply of 408.06 billion tokens out of a total of 420.69 billion, the high availability of Toshi contributes to its price volatility.
The recent price surge and increased trading activity were accompanied by notable liquidation trends and growth in open interest. Trading volume for Toshi/USDT skyrocketed by 1,655.28%, reaching $7.41 million, while open interest rose by 102.12%.
