Coinbase Expands Offerings with Surprise Memecoin Listing

Coinbase continues to expand its offerings by introducing new altcoins to its platform, reinforcing its commitment to diversifying options for traders.

The exchange has now announced the listing of Toshi (TOSHI), a memecoin that has quickly caught attention within the crypto community.

The move comes as a surprise, given that Toshi is not yet available on Binance or other leading exchanges.

However, its connection to Coinbase’s Base network, a Layer-2 blockchain developed by the exchange, likely influenced the decision.

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Coinbase has shown a clear preference for supporting tokens built on its Base network.

The news of the listing sparked immediate market activity, with TOSHI’s price surging over 25%. As of now, the token is trading at $0.0004427.

The addition of Toshi to Coinbase’s platform underscores the growing trend of memecoins gaining traction on prominent exchanges, especially those linked to emerging blockchain ecosystems like Base.

Alexander Stefanov