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Toshi increased by more than 55% after being listed on Upbit
The price of the memecoin Toshi (TOSHI) surged over 55% on Wednesday, trading above 0.000855 USD after being confirmed for listing on Upbit – the largest cryptocurrency exchange in South Korea.
This increase has pushed Toshi's market capitalization beyond 361 million USD, surpassing competitors like MOG and REKT. Technical analysis indicates that the upward trend may continue, with the next target around 0.000996 USD.
Toshi is a memecoin inspired by the cat of Coinbase co-founder Brian Armstrong. Being listed on a major centralized exchange like Upbit is seen as a signal to bolster liquidity, increase accessibility, and enhance investor confidence.