Will Toshi Meme Coin Price Hit $1 in 2025?
The post Will Toshi Meme Coin Price Hit $1 in 2025? appeared on BitcoinEthereumNews.com.
After a bullish price rally, the Toshi meme coin has become one of the most demanded cat-themed cryptocurrencies. Being built on the Base chain, it has been offering crypto, NFTs, and DeFi tools, where investors fueled its demand based on its utility. However, the question remains the same: will the TOSHI price hit $1 in 2025? Let’s discuss. Toshi Meme Coin Price Analysis and History The popular meme coin, TOSHI, had a rough start, as it took months to gain bullish momentum in 2023. At that time, the price hovered around $0.00003 before gaining any upward momentum in December, followed by a significant surge in January 2024. March 2024’s bullish market hit this cat-themed meme coin for good, reaching its first major peak of $0.0006. Interestingly, this is nothing compared to its recent peak, when the TOSHI surged more than 1500%, jumping from $0.0001313 to $0.002273 in just two weeks. However, it also experienced significant volatility in this journey, including its current situation. At present, TOSHI trades at $0.001014 after an 11% drop in the last 24 hours, with a market capitalization of $414.08M. Moreover, since the ATH of $0.002273 just six days ago, the price has declined by 55% per CoinmarketCap. Interestingly, despite the drop, the trading volume was $104.45M, with a 115% surge, which could aid in its recovery. Factors Driving The TOSHI’s Market Hype During January’s TOSHI price rally, the Coinbase listing, meme currency frenzy, and institutional demand were the biggest factors. Although a controversy built around Coinbase listing, as investors questioned the exchange’s listing criteria, this buzz helped with its exponential growth. The same factors could fuel its recovery, especially amid high trading volume, which signifies high investor interest. Moreover, whale activity is also high for this cat meme coin, with one buying $3M worth of…
Filed under: News - @ February 1, 2025 12:18 pm