Followin' DEGEN, TOSHI is the second memecoin on the Base layer-2 that has been recommended for listing by the Coinbase exchange. Memecoin TOSHI has seen a dramatic increase in price due to the "Coinbase effect". Image: Bittime Toshi (TOSHI), a memecoin on the Base network, has seen a strong price increase after being added to Coinbase's listing roadmap. The Base contract address for Toshi (TOSHI) is 0xac1bd2486aaf3b5c0fc3fd868558b082a531b2b4 Over the past 24 hours, the TOSHI price has increased by 139%, and it has "spiked" 160% immediately after the announcement. At the time of reporting, the price has slightly adjusted to around 0.0003132 USD. Toshi's market capitalization is currently at 134 million USD, with a 24-hour trading volume of 55 million USD. Price fluctuation of TOSHI in the latest 24 hours. Screenshot from CoinGecko at 10:05 AM on January 15, 2025 Named after Brian Armstrong's (Coinbase co-founder) cat and Satoshi Nakamoto (Bitcoin creator), Toshi has quickly become the center of attention. The Coinbase listing information is seen by the crypto community as an important stepping stone in raising awareness about the Base memecoin. If listed, Toshi will become the second Base memecoin to land on Coinbase. Previously, the memecoin Degen was the first Base token to be listed in October. Although Base is a blockchain incubated by Coinbase, the exchange is very selective in listing tokens on its platform. Coinbase, one of the world's largest crypto exchanges, has recorded a monthly trading volume increase from 175.8 billion USD in November to 191.9 billion USD in December.