From Nasdaq:

Toshi (CRYPTO: TOSHI), a memecoin named after Coinbase Global Inc. co-founder Brian Armstrong’s cat and Satoshi Nakamoto, creator of Bitcoin, has garnered immense interest in the crypto community. It has been associated with Base blockchain, aligning with its core values.

Toshi aims to extend beyond memecoin virality through the development of Toshi Tools, enhancing Base’s security and accessibility. This shift toward utility mirrors the trajectory of successful memecoins like Floki and Dogecoin, positioning Toshi as a valuable DeFi protocol within the Base ecosystem.

Social media traders have expressed optimism for both Coinbase and Toshi, foreseeing potential surges in Coinbase stock and identifying Toshi as a promising investment opportunity in the crypto market. However, Toshi’s future remains uncertain despite its memecoin appeal and Base’s backing, highlighting the dynamic nature of the cryptocurrency landscape.



Read more: Toshi, Coinbase’s Meme Cat, Sparks Billion-Dollar Price Targets: ‘Just Buy It And Forget It,’ Exclaims Trader