A crypto trader who experienced both incredible gains and devastating losses recently is now promoting a new low-cap meme coin called Toshi ($TOSHI) on the Base network. Toshi is aiming to become the Dogecoin of the Base network, but with a cat theme. The token is currently in the process of migrating to SushiSwap, temporarily pausing trading.
Before the migration, $TOSHI had nearly 3,500 holders and reached an all-time high price of just under $0.0002. This represents a massive increase of nearly 3,000 times compared to its DEX launch price of $0.000000007 on Sunday.
The individual promoting Toshi, known as Cheatcoiner.eth, has a knack for finding small-cap gems. They recently invested 0.05 ETH into a token called $REPO, which surged as high as 11-12 ETH overnight. Although they didn’t sell, this success showcases Cheatcoiner.eth’s ability to identify potentially lucrative assets.
A look at Cheatcoiner.eth’s trading activity on Etherscan reveals their involvement with other coins. They successfully turned 0.199 ETH into 0.256 ETH by trading a token called $PNDX. They also managed to convert 0.05 ETH into 0.385 ETH by trading $BIL. However, not all of their trades have been profitable, as they reportedly lost about 0.1 ETH trading $INVADERS.
Cheatcoiner.eth has shared more details about their trading methods in an extensive Twitter thread, providing insights into their strategies and approaches.
Additionally, Cryptonews.com has identified another small-cap gem in the crypto market, called Shibie Coin. This new meme coin combines the viral Shiba Inu dog meme with the trending topic of Barbie, inspired by the success of the newly released Barbie movie. Shibie Coin is offering investors an opportunity to participate in a presale of 60% of the token’s supply for $999,999. With $50,000 already raised in just a few hours, interested investors need to act quickly to secure this low-cap gem before the presale concludes in less than seven days.
The marketing team behind Shibie Coin plans to use the presale funds to promote the project extensively, and the hype surrounding it is already growing. The token has garnered attention from prominent crypto news outlets such as CryptoPotato and Beincrypto. Furthermore, its Telegram and Twitter accounts have attracted over 300 and 200 organic followers, respectively.
With the presale valuing the token at a modest $1.666 million, there is significant potential for explosive upside once the token is launched on decentralized exchanges. Shibie Coin could potentially become the next 10x token in the market.
In conclusion, the crypto market continues to offer opportunities for investors seeking low-cap gems and potential high returns. Toshi and Shibie Coin are two examples of meme coins that have caught the attention of traders and enthusiasts alike. However, it is crucial for investors to conduct thorough research and exercise caution when investing in small-cap assets, as their prices can be highly volatile.