Toshi ($TOSHI)

General Characteristics

Toshi ($TOSHI) is a memecoin launched on the Ethereum-based Layer 2 blockchain, Base, which was developed by Coinbase. This project embodies a unique mix of playful branding and robust utility, aiming to become the premier memecoin within the Base ecosystem. Named after Coinbase co-founder Brian Armstrong's cat and a nod to Satoshi Nakamoto, Toshi combines humor and innovation to attract a broad audience to Web3 technology.

Toshi was introduced as the "Face of Base," leveraging the Base blockchain's efficient, scalable infrastructure to create a vibrant ecosystem for its holders and developers. Its primary mission is to onboard millions into the blockchain space using engaging meme culture and practical tools.

Key Features:

Blockchain: Base (Ethereum Layer 2).
Utility: Meme-powered branding, tools like Multisender, Launchpad, and Liquidity Locker.
Community Engagement: MEOW DAO governance structure for decentralized decision-making.
Tokenomics: Total supply of 420.69 billion $TOSHI tokens, with a circulating supply of 408.07 billion as of now.

Toshi also stands out by offering NFT-based utilities like NFToshis and NFToshis 2.0, which provide unique collectibles that enhance the ecosystem's visual and functional appeal.

Community

Toshi has cultivated a vibrant community that actively participates in its ecosystem. The project's community outreach emphasizes inclusivity, transparency, and innovation.

Key Community Metrics:

Twitter: 56.5K followers, showcasing an active and growing online presence.
Telegram: Over 13,000 subscribers, serving as a hub for updates and discussions.

The community also plays a pivotal role in governance through the MEOW DAO. This decentralized model ensures that decisions regarding the project's future are made democratically, with token holders having the ability to propose and vote on critical changes. This structure has fostered a strong sense of ownership and commitment among community members.

Key Engagement Initiatives:

Regular AMAs and community events.
Exclusive NFT drops for active participants.
Transparency through public audits and updates.

Roadmap

The Toshi project has outlined a clear roadmap to guide its development and growth, emphasizing innovation and long-term sustainability. Each phase focuses on expanding its ecosystem, improving utility, and solidifying its position as a leading memecoin on Base.

Planned Milestones:

Phase 1: Initial token launch and community building.
Phase 2: Development of utility tools like the Liquidity Locker and Multisender.
Phase 3: Expansion of the NFT ecosystem with NFToshis 2.0.
Phase 4: Transition to full decentralization through the MEOW DAO.

Each step in the roadmap reinforces Toshi's commitment to providing tangible value to its users while maintaining a playful, meme-driven identity that appeals to a wide audience.

Functionality and Utility

Toshi distinguishes itself from other memecoins by offering substantial utility beyond its meme-driven branding. Its ecosystem includes several tools and platforms designed to enhance user experience and developer efficiency.

Key Features:

Liquidity Locker: Ensures long-term stability by locking liquidity, which reassures investors of the project's credibility.
Multisender Tool: Optimizes mass transactions for airdrops, migrations, or presales, supporting up to thousands of addresses simultaneously.
Launchpad: Provides a secure and straightforward platform for launching new projects within the Toshi ecosystem.
Token Launcher: Simplifies the process of creating and deploying new tokens, removing technical barriers for developers.

These features, combined with Toshi's accessible tools, empower developers and community members, making it a key player in the Base ecosystem.

Market Performance

Toshi has demonstrated robust market performance since its launch, with significant trading activity across multiple exchanges. As of now, the token's price is $0.0003383, with a 31.12% increase in the past day.

Market Data:

Market Cap: $138.04 million (+31.25%).
Fully Diluted Valuation (FDV): $142.40 million.
24-Hour Volume: $30.42 million (+68.45%).
Volume-to-Market Cap Ratio: 22.05%.

Toshi is available on several exchanges, including Uniswap, Gate.io, and MEXC, with liquidity and trading volumes indicating strong investor interest.

Pros, if briefly

Advantages:

Strong community engagement and governance through MEOW DAO.
Innovative tools that provide real utility.
Robust market performance and liquidity.
Creative branding that attracts a wide audience.

Official Links

Official Website

Twitter

Where to Buy

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We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public.

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