Coinbase Adds Surprising Memecoin to Roadmap, Sparking Major Price Surge

After officially adding Peanut the Squirel (PNUT) to its spot trading platform, Coinbase sparked investors' interest with its latest memecoin addition to the listing roadmap.

Coinbase, the largest cryptocurrency exchange in the U.S., has revealed plans to include Toshi (TOSHI), a memecoin, in its roadmap for potential listing.

While being on the roadmap doesn’t guarantee a listing, Coinbase has shown a trend of quickly transitioning memecoins from the roadmap to active trading, reflecting its interest in this volatile and profitable market segment.

The exchange recently listed another prominent memecoin, PNUT, signaling a strategic push to capture a larger share of the memecoin market.

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Memecoins, known for their high trading volumes and price swings, have become a significant revenue driver for exchanges.

News of TOSHI’s addition to the roadmap sent its price soaring by 187%, pushing its market cap to $146 million. Despite this surge, TOSHI is yet to be listed on Binance, leaving room for further growth as it gains traction in the broader crypto market.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.