Toshi ($TOSHI): The New Low Cap Gem on Base’s Layer-2 Blockchain

Toshi ($TOSHI): The New Low Cap Gem on Base’s Layer-2 Blockchain

A crypto trader who recently experienced both substantial gains and losses in the volatile world of meme coins is now promoting a new low cap meme coin on Base’s layer-2 blockchain, known as Toshi ($TOSHI).

Base, Coinbase’s Ethereum layer-2 scaling blockchain, is currently in its early testing stages, with limited access for the general public.

Toshi, while aspiring to become the Dogecoin equivalent on the Base network, ironically embraces a cat-themed approach.

The Toshi team, through a tweet, announced that the token is undergoing migration to SushiSwap, resulting in a temporary trading pause.

Before the migration, $TOSHI had garnered significant attention with close to 3,500 holders and achieving an all-time high price of just under $0.0002, representing an astounding 3,000x increase compared to its initial DEX launch price of $0.000000007 on Sunday.

In the world of identifying promising low-cap gems, Cheatcoiner.eth appears to possess a strong track record. He boasted about investing 0.05 ETH in a token named $REPO, which saw a considerable surge to 11-12 ETH overnight, even though he refrained from selling.

Analyzing his ERC-20 trading activity on Etherscan reveals other notable trades. He recently managed to convert 0.199 ETH into 0.256 ETH through trading a token known as $PNDX. Moreover, he turned 0.05 ETH into 0.385 ETH by trading $BIL. However, it’s important to acknowledge that not all of his trades resulted in profits, as he incurred a loss of approximately 0.1 ETH while trading $INVADERS.

Cheatcoiner.eth provides in-depth insights into his trading methods through an extensive thread.

Additionally, the team at Cryptonews.com is currently enthusiastic about a small cap crypto gem called Shibie Coin. This new meme coin project cleverly combines the viral Shiba Inu dog meme with the popular Barbie trend, spurred by the recent success of the Barbie movie.

Shibie Coin’s presale, offering 60% of the token’s supply at an exciting $999,999 value, has already raised $50,000 within a few hours. With the presale set to conclude in less than seven days, crypto enthusiasts seeking to invest in this low-cap gem should act swiftly.

The marketing team plans to utilize the presale funds effectively, creating hype and awareness about the project across various platforms. Already, Shibie Coin has garnered attention from prominent crypto news outlets like CryptoPotato and Beincrypto, and its Telegram and Twitter accounts have attracted over 300 and 200 organic followers, respectively.

The presale value of $1.666 million allows for considerable upside potential once the token launches on decentralized exchanges.