Toshi Coin Up 40%: Here are 5 reasons behind this meme coin’s price increase!

Jakarta, Pintu News – Toshi (TOSHI), Coinbase co-founder Brian Armstrong’s cat-inspired memecoin, experienced a price surge of more than 40% on Wednesday, September 17, 2025.

This increase occurred after the announcement of TOSHI’s listing on South Korea’s largest crypto exchange, Upbit. This event became a strong catalyst that attracted global investor interest in Toshi Coin, which now has a market capitalization of more than $361 million or around Rp5.93 trillion (at an exchange rate of 1 USD = Rp16,420).

1. Listing on Upbit Drives Surge in Demand

The news that Upbit-SouthKorea’s largest crypto exchange-hadlisted Toshi with trading pairs KRW and USDT was a major factor in this price spike. Listing on a reputable exchange generally increases investor liquidity and accessibility, and increases market confidence in the project.

According to FXStreet’s report, since the listing announcement, there has been a drastic spike in buying volume on the exchange. This reflects how much impact a centralized exchange (CEX) listing can have on the short-term performance of a cryptocurrency.

Also Read: 5 Reasons Bitcoin Allocation on Wall Street Will Explode by the End of 2025

2. TOSHI Market Capitalization surpasses MOG and REKT

Based on data from CoinGecko cited by FXStreet, TOSHI’s market capitalization has now reached $361 million (IDR 5.93 trillion). With this achievement, Toshi managed to surpass several popular memecoins such as Mog Coin (MOG) and Rekt (REKT).

Currently, TOSHI is even approaching the 238th position in the global crypto ranking, and could potentially overtake major projects such as 1inch (INCH) if this positive momentum continues in the next few days.

3. Next Price Target at $0.000996

On the technical side, FXStreet analysts said that Toshi has broken the descending trendline formed since February 2025. Currently, the price of TOSHI is trading around $0.000843 (IDR 13.84) with the next upside target towards $0.000996 (IDR 16.35).

The Relative Strength Index (RSI) is at 70, which means TOSHI is in overbought territory, but with strong bullish momentum. This indicates that investors are currently in the accumulation phase.

4. Potential Correction and Support Level at $0.000751

Although the short-term outlook looks positive, there is potential for a short-term price correction. In the event of a decline, TOSHI’s support level is estimated to be around $0.000751 (IDR12.33), according to FXStreet.

Investors are advised to watch this support area as a potential entry point or as a reversal marker if the bullish momentum weakens in the next few days.

5. Meme Coin’s popularity hasn’t died down

The memecoin phenomenon continues to attract investors’ attention, especially when the project has elements of humor, an active community, and viral narrative support such as Toshi being associated with a well-known figure in the crypto industry.

Toshi is considered to have a unique appeal due to his humorous branding and narrative around the crypto world, which is able to attract the attention of retail investors. The previous success of projects like Pepe Coin (PEPE), Dogecoin (DOGE), and Shiba Inu (SHIB) are also proof that memecoins still have a place in the global cryptocurrency market.

Conclusion

Toshi (TOSHI) scored a spectacular price increase after listing on Upbit, proving that market sentiment towards memecoin is alive and well. With a rapidly growing market capitalization and technical analysis supporting further upside potential, Toshi is becoming one of the more interesting crypto assets to monitor in the near future.

However, keep in mind that memecoins have high volatility. Investors are advised to conduct in-depth research and risk management before investing in such assets.

Also Read: Maartunn Analyst Says December 2024 Crypto Market Pattern Repeats, What Does It Mean?

Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Manish Chhetri / FXStreet. Toshi memecoin soars over 40% after Upbit listing sparks buying frenzy