CoinBase Crypto.com has added $TOSHI to its long list of trading coins. The token has been added for trading alongside Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), Cronos (CRO), and more than 250 other cryptocurrencies and stablecoins.
The move is in tandem with other crypto exchanges and has likely kept the coin’s prices up over 60%. At the press time, $TOSHI is trading at $0.0002687, up 87.40% from the same time last day.
Why is Toshi Becoming Famous?
Toshi has gained popularity among investors as a memecoin that bears the name of Satoshi Nakamoto, the renowned Bitcoin creator and co-founder of Coinbase Brian Armstrong’s cat. Toshi wants to be the face of Base, Coinbase’s Ethereum layer-2 blockchain.
Users of the Crypto.com App may now effortlessly buy TOSHI with USD, EUR, and more than 20 fiat currencies. They can then use the Crypto.com Visa Card to spend it at more than 80 million merchants worldwide.
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$TOSHI Price: What to Expect in Future?
The market parameters indicate that the price prediction for $TOSHI is bullish and the Fear & Greed Index is currently at 70 (Greed).
Over the past 30 days, Toshi has experienced 15.11% price volatility and 9/30 (30%) green days. With 23 technical analysis indicators indicating optimistic signals and two indicating negative signals, the overall sentiment for Toshi price predictions is bullish.
If this optimistic view continues then Toshi’s 200-day SMA might increase over the course of the upcoming month, reaching $0.000223 by February 14, 2025. During this exact course of time, it is projected that Toshi’s short-term 50-Day SMA will reach $0.000396.
An indicator that is widely used to determine if a cryptocurrency is overbought (above 70) or oversold (below 30) is the Relative Strength Index (RSI) momentum oscillator. The TOSHI market is overbought at the moment, as indicated by the RSI value of 73.41.
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Coinbase Includes TOSHI In Its Roadmap
Crypto.com’s listing comes on the same day as Coinbase declaring that Toshi would be included in its roadmap. Both news has generated a lot of interest and a positive response from the investor side in this cat-based meme coin. Shortly after the news, the price of Toshi saw a significant increase.
This is seen by the community and cryptocurrency investors as a big step for Toshi. The asset listing on Coinbase and Crypto.com, two of the top cryptocurrency exchanges, is an essential step for any cryptocurrency token to become widely used.