Toshi Coin News: What’s Next After Massive Coinbase Pump?
In the world of cryptocurrency, A meme coin named The Toshi capitalizes on community engagement and social media buzz.
The coin's recent surge can be attributed to its listing on Coinbase, the largest crypto exchange in the U.S. At the moment, TOSHI’s price is hovering around $0.0015000.
On January 15, after spending a considerable amount of time in a consolidation phase, TOSHI broke out of its pattern and climbed to the $0.0005000 range. This breakout sparked strong bullish momentum, leading the coin to hit an all-time high (ATH) of $0.00211, forming a parabolic growth curve.
For TOSHI to continue its upward trend, it’s crucial for the coin to establish and hold a solid support level at $0.00100. Maintaining this level would help solidify investor confidence and provide a strong foundation for future price growth.
Over the past two weeks, Toshi price has skyrocketed by 1100%, and in just the last 24 hours, it’s up another 23%. Trading volume has also surged by 75%, reaching $400 million, while the coin's market cap now stands at $600 million.
Open Interest and Volume Surge
According to Coinglass data, TOSHI’s Open Interest has risen by 96% in the last 24 hours, with trading volume reaching $81.75 million. This significant uptick in interest suggests heightened activity and optimism around the token.
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