Coinbase, the largest cryptocurrency exchange in the United States, announced that Toshi (TOSHI), a memecoin, has been added to its roadmap for listing.
Although it is not guaranteed that altcoins added to the listing roadmap will be listed, Coinbase has recently chosen to list memecoins by quickly removing them from the roadmap.
On the other hand, the exchange recently listed PNUT, one of the most popular memecoins of recent times. It seems that Coinbase wants more market share in the memecoin sector, which is one of the most important sources of income for exchanges with its high volatility.
Following the news of the roadmap listing, TOSHI experienced a huge surge, gaining 187% in value. The memecoin, which reached a market cap of $146 million, is not currently listed on Binance.
CoinMarketCap chart showing the rise in TOSHI price.
*This is not investment advice.
