Toshi Price Prediction and New Layer 2 Meme Coin Presale Now Raises $8 Million
Toshi is a standout cat meme coin on the Base blockchain, solidifying its position in the competitive meme coin sector and outshining peers like Roost and Brett.
While Toshi has captured attention as a captivating meme coin project, it’s also building a robust ecosystem of tools and services.
These utility-focused initiatives position Toshi as a cornerstone of the Base ecosystem. Let’s explore Toshi’s offerings further and delve into a new project presale: Pepe Unchained.
TOSHI price prediction
Toshi’s performance shows the token is currently up 12% over the past day and 14% over the past week, reflecting strong recent momentum. However, the one-month chart reveals a 32% decline.
For those looking to hold long-term, this might be a favorable buying opportunity. Conversely, swing traders may want to wait for a more stable entry point. With a market cap of nearly $60 million, Toshi appears promising.
The project offers various utilities, including a Token Locker, Liquidity Locker, Multi Sender, Toshi Swap, Launchpad, and Token Launcher. For detailed insights, checking the official website and reviewing the white paper is highly recommended.
Toshi’s NFT collection, NFTOSHIS, launched 3,000 NFTs last August and has seen notable success in the NFT space. Additionally, Toshi’s Decentralized Autonomous Organization (DAO) fosters democratic governance, enhancing community engagement and transparency.
Within the Base ecosystem, Toshi ranks among the top projects, outperforming others like CAW, BENJI, BYTE, ROOST, and MIGGLES. This high ranking highlights its significant presence in the meme coin sector.
Toshi’s Twitter updates highlight an exclusive NFT minting event for International Cat Day, with $420 in Toshi tokens to be given to 10 random wallets. The project’s strong community engagement is clear from its top spot on the onboarding leaderboard, reflecting high user activity and adoption.
The Base community has successfully used Coinbase Wallet to attract new users, employing an innovative approach by sending crypto via text. To recognize these efforts, an onboarding leaderboard tracks the number of users sending crypto through Coinbase Wallet.
Toshi currently holds the top position, showcasing Base’s growing community. The recent Base Camp showed a collective bullish sentiment among participants, emphasizing building and development over market conditions.
Toshi received significant positive attention, and the event highlighted the community’s collaborative spirit, embodying the online ethos of “rising tides lift all boats.”
Overall, Toshi shows strong growth potential with its ongoing development and utility, resembling Baby Dogecoin’s success on the Binance Smart Chain.
A promising alternative to Toshi: Pepe Unchained (PEPU)
Top analysts predict significant gains for the new meme coin, Pepe Unchained (PEPE). The project, 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 after the upcoming presale phase concludes.
We’ve raised $8M! 🎉
Thank you to everyone on the Pepe Unchained journey. This milestone brings us closer to launching our Layer 2 solution for faster, smarter blockchain experiences! pic.twitter.com/cYWYqVd3l3
— Pepe Unchained (@pepe_unchained) August 10, 2024
Once you acquire your tokens, you can immediately stake them to earn passive income with an impressive annual percentage yield (APY) of 241%.
Pepe Unchained aims to address the shortcomings of its predecessors. Previously, $PEPU’s earlier versions faced issues with high gas fees and slow transaction speeds on the Ethereum network.
The project seeks to transform the landscape with its Layer 2 solution, functioning as its own blockchain. This new blockchain features a unique consensus mechanism and a dedicated blockchain explorer, designed to cut costs and accelerate transaction speeds.
It offers a transaction volume capacity 100x greater than Ethereum. Layer 2 technology is crucial for enhancing Pepe’s transactional efficiency, especially given Ethereum’s constraints that previously drove gas prices to a 12-month high earlier this year.
Moreover, the advancement of Layer 2 solutions promises substantial benefits for Pepe Unchained. Ethereum co-founder Vitalik Buterin recently introduced a roadmap under EIP-7683 for improved interoperability.
This upgrade aims to standardize communication and transactions across various Ethereum Layer 2 networks, making asset exchanges smoother. For Pepe Unchained, this upgrade could improve interoperability across all Ethereum Layer 2 solutions and extend $PEPU’s reach.
As an independent blockchain, Pepe Unchained can launch new meme coins and tokens, which, with these upgrades, will become more accessible across different Layer 2 solutions, opening up more opportunities for investors.
By leveraging both staking and Layer 2 advantages, Pepe Unchained is well-positioned for success. The smart contract has passed a thorough audit by Coinsult and SolidProof with no critical issues found. For the latest updates, follow Pepe Unchained on X or join its Telegram group.
To take part in the $PEPU token presale, visit pepeunchained.com.
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