Toshi is the preeminent cat memecoin on the Base blockchain, solidifying its position in the competitive memecoin field and outperforming peers such as Roost and Brett.
Toshi has gained attention as a fascinating memecoin project, but it has also built a robust ecosystem of tools and services.
These utility-focused initiatives position Toshi as a cornerstone of the Base ecosystem. Let’s take a deeper look at Toshi’s offerings and dig into their new project’s presale, Pepe Unchained.
TOSHI Price Prediction
Looking at Toshi’s performance, the token is currently up 12% in the past day and 14% in the past week, reflecting strong recent momentum, although the one-month chart shows a 32% drop.
For those looking to hold for the long term, this could be a lucrative buying opportunity. Conversely, swing traders may want to wait for a more stable entry point. With a market cap of around $60 million, Toshi looks promising.
The project offers a variety of utilities including Token Locker, Liquidity Locker, Multisender, Toshi Swap, Launchpad, Token Launcher, etc. For more information, we highly recommend checking out the official website and reviewing the whitepaper.
Toshi’s NFT collection, NFTOSHIS, released 3,000 NFTs last August and has been a huge success in the NFT space. Additionally, Toshi’s Decentralized Autonomous Organization (DAO) promotes democratic governance, increasing community engagement and transparency.
Within the Base ecosystem, Toshi is ranked as one of the top projects, outperforming other projects such as CAW, BENJI, BYTE, ROOST, MIGGLES, etc. This high ranking demonstrates Toshi’s significant presence in the meme coin sector.
Toshi’s Twitter update teased an exclusive International Cat Day NFT minting event, where 10 randomly selected wallets will be awarded $420 worth of Toshi tokens. The project’s strong community engagement is also evident from its top spot on the onboarding leaderboard, reflecting high user activity and adoption.
The Base community has taken an innovative approach to sending cryptocurrency via text and successfully leveraged Coinbase Wallet to attract new users. To measure these efforts, our Onboarding Leaderboard tracks the number of users who send cryptocurrency through Coinbase Wallet.
Toshi currently holds the top spot, which speaks to the growth of the Base community. The recent Base Camp saw bullish sentiment among attendees, with an emphasis on building and developing over market conditions.
Toshi received a great deal of positive attention and the event highlighted the collaborative spirit of the community and embodied the online ethos of “a rising tide floats all boats.”
Overall, Toshi’s ongoing development and practicality show great growth potential similar to the success of Baby Dogecoin on Binance Smart Chain.
A promising alternative to Toshi: Pepe Unchained (PEPU)
Top analysts are predicting huge gains for the new meme coin, Pepe Unchained (PEPE). The project, which is currently in its presale phase, has already raised $8 million. With a current price of $0.0089819, the token is expected to see a slight increase in value after the upcoming presale phase ends.
We raised $8 million! 🎉
We thank everyone who has been part of the Pepe Unchained journey – this milestone brings us that much closer to releasing our Layer 2 solution for a faster, smarter blockchain experience. pic.twitter.com/cYWYqVd3l3
— Pepe Unchained (@pepe_unchained) August 10, 2024
Once you have your tokens, you can immediately stake them and start earning passive income with an impressive Annual Percentage Yield (APY) of 241%.
Pepe Unchained aims to overcome the shortcomings of its predecessor. Until now, the previous version of $PEPU faced issues with high gas fees and slow transaction speeds on the Ethereum network.
The project aims to change that with a Layer 2 solution that acts as its own blockchain. This new blockchain has its own consensus mechanism and a dedicated blockchain explorer, designed to reduce costs and accelerate transaction speeds.
Pepe offers 100 times the transaction capacity of Ethereum, and Layer 2 technology is essential to making Pepe more efficient at transactions, especially given Ethereum’s constraints that drove gas prices to a 12-month high earlier this year.
Additionally, advances in Layer 2 solutions will greatly benefit Pepe Unchained: Ethereum co-founder Vitalik Buterin recently announced a roadmap for EIP-7683, which aims to improve interoperability.
The upgrade aims to standardize communication and transactions between different Ethereum Layer 2 networks, making asset exchange smoother. For Pepe Unchained, the upgrade will increase interoperability between all Ethereum Layer 2 solutions, potentially expanding the reach of $PEPU.
As an independent blockchain, Pepe Unchained will be able to issue new meme coins and tokens. These upgrades will make it more accessible across a range of layer 2 solutions, creating more opportunities for investors.
By leveraging the benefits of both staking and Layer 2, Pepe Unchained is well positioned for success. The smart contract has passed a thorough audit by Coinsult and SolidProof, with no significant issues found. For the latest updates, follow Pepe Unchained on X or join our Telegram group.
To participate in the $PEPU token presale, visit pepeunchained.com.
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