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Reading: Toshi Price Prediction: TOSHI Soars 63% in Meme Coin Surge[embed]https://www.youtube.com/watch?v=VGtKh4225xo[/embed]
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Kriptoteka > Market > Meme > Toshi Price Prediction: TOSHI Soars 63% in Meme Coin Surge[embed]https://www.youtube.com/watch?v=VGtKh4225xo[/embed]
Meme

Toshi Price Prediction: TOSHI Soars 63% in Meme Coin Surge[embed]https://www.youtube.com/watch?v=VGtKh4225xo[/embed]

marcel.mihalic@gmail.com
Last updated: September 25, 2024 9:42 pm
By marcel.mihalic@gmail.com 8 Min Read
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<div wp_automatic_readability="124.24316787507">

        <div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Connect with our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram </a></u>channel for the latest news updates</p>
</div></div></div><p><span style="font-weight: 400;">The Toshi price </span><a href="https://www.geckoterminal.com/base/pools/0x4b0aaf3ebb163dd45f663b38b6d93f6093ebc2d3"><span style="font-weight: 400;">spiked</span></a><span style="font-weight: 400;"> over 63% in the last 24 hours, reaching $0.0001481 as of 7:22 a.m. EST as investors make significant bets on the meme coin’s immediate prospects.</span></p>
<p><picture decoding="async" class="alignnone wp-image-580006">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533-300x118.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533-1024x403.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533-768x302.png.webp 768w, https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533.png.webp 1186w" sizes="(max-width: 770px) 100vw, 770px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533-300x118.png" alt="top performing meme coins" width="770" height="303" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533-300x118.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533-1024x403.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533-768x302.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/09/Screenshot-2024-09-25-132533.png 1186w" sizes="(max-width: 770px) 100vw, 770px"/>
</picture>
</p>
<p><em><span style="font-weight: 400;">Leading meme coins (Source: </span><a href="https://www.coingecko.com/en/categories/meme-token"><span style="font-weight: 400;">CoinGecko</span></a><span style="font-weight: 400;">)</span></em></p>
<p><span style="font-weight: 400;">Following the surge in TOSHI's price, it has become the top performer in the </span><span style="font-weight: 400;">meme coin</span><span style="font-weight: 400;"> sector over the past 24 hours, as reported by CoinGecko.</span></p>
<p><span style="font-weight: 400;">Additionally, this altcoin holds a significant lead over the next highest meme coin, Kitten Haimer (KHAI), which saw a 41% increase.</span></p>
<h2><span style="font-weight: 400;">The Toshi Price Contending with a Key Technical Barrier</span></h2>
<p><img decoding="async" src="https://s3.tradingview.com/snapshots/d/Da71Vdwv.png" alt="TOSHI Chart Image"/></p>
<p><span style="font-weight: 400;">4-hour view for TOSHI/USD (Source: </span><a href="https://www.tradingview.com/x/Da71Vdwv/"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">)</span></p>
<p><span style="font-weight: 400;">The Toshi price is striving to surpass the resistance level at $0.0001477. If it successfully breaks through this barrier, it could establish a solid base for further gains in the subsequent 24 hours. Traders might then aim to elevate the cryptocurrency's price to the next significant target of $0.0001646.</span></p>
<p><span style="font-weight: 400;">On the other hand, if the Toshi price is unable to break through the $0.0001477 resistance, it could hinder any bullish momentum. In such a bearish scenario, the altcoin may retest the nearest support at $0.0001307. A breakdown below this support level could result in TOSHI dropping to $0.0001184 in the near term.</span></p>
<h2><span style="font-weight: 400;">Technical Indicators Suggest Continued Ascension for the Toshi Price</span></h2>
<p><span style="font-weight: 400;">From a technical perspective, indicators hint at the possibility of ongoing price growth for Toshi in the next 24 hours. Recently, the Moving Average Convergence Divergence (MACD) line has crossed above the MACD Signal line, a move often interpreted by traders as a signal indicating that the cryptocurrency is in a positive trend.</span></p>
<p><span style="font-weight: 400;">Additionally, the RSI has seen a significant rise from the high 30s to the mid 70s over the last trading day. This high reading may suggest that TOSHI is overbought, potentially signaling a sell-off for some traders. However, it is common for RSI values to stay elevated during bullish movements.</span></p>
<p><span style="font-weight: 400;">As Toshi attempts to transform a key resistance level into support, investors are also gravitating toward the layer-2 meme coin competitor </span><span style="font-weight: 400;">Pepe Unchained (PEPU),</span><span style="font-weight: 400;"> which YouTuber ClayBro, boasting 130K subscribers, claims has garnered the interest of whale investors.</span></p>
<noscript></noscript>
<h2><span style="font-weight: 400;">A Significant Technical Enhancement Set to Impact the Meme Coin Sector</span></h2>
<p><span style="font-weight: 400;">Pepe Unchained (PEPU) is designed to introduce much-needed improvements to the oversaturated meme coin market, which has caused outages on both the Solana and TON blockchains.</span></p>
<p><span style="font-weight: 400;">Using its layer-2 chain, the project aims to alleviate the computational demands that meme coins impose on layer-1 networks by delegating the transactional activities of these lighthearted tokens to a separate blockchain.</span></p>
<p><span style="font-weight: 400;">These cryptocurrencies will progressively transition to Pepe Unchained’s blockchain, starting with the well-known frog-themed PEPE token as the initial target.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="7.7127659574468">
<p lang="en" dir="ltr">Pepe Unchained — Revolutionary Layer 2 Blockchain technology.</p>
<p>Welcome to the future of meme coins. 🐸 <a href="https://t.co/iC9b6YSynT">pic.twitter.com/iC9b6YSynT</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1832055677566562727?ref_src=twsrc%5Etfw">September 6, 2024</a></p></blockquote>

<p><span style="font-weight: 400;">Through this migration, PEPE enthusiasts can anticipate a 100-fold increase in transaction speeds while enjoying low-cost crypto transfers using PEPU.</span></p>
<p><span style="font-weight: 400;">As a layer-2 solution, investors will still effortlessly exchange value between the robust and secure Ethereum network and the speedy Pepe Unchained blockchain.</span></p>
<p><span style="font-weight: 400;">Developers are set to create decentralized applications on the Pepe Unchained platform as well, enhancing the blockchain’s utility beyond merely accommodating the next generation of meme coins. This follows the launch of a developer grant initiative dubbed “Frens With Benefits.”</span></p>
<h2><span style="font-weight: 400;">Surpassing ICO Fundraising Milestones</span></h2>
<p><span style="font-weight: 400;">Pepe Unchained has recently exceeded the $15 million mark in funds raised during its current presale, showcasing substantial investor confidence in the project's prospects. This strong performance at such an early stage has attracted attention from various analysts and experts.</span></p>
<p><span style="font-weight: 400;">A key driver behind this investor enthusiasm, in addition to the project's meme coin allure and layer-2 capabilities, may be the impressive 139% APY available to presale participants who stake PEPU.</span></p>
<p><span style="font-weight: 400;">To access these rewards, investors must first acquire the token via the user-friendly purchasing widget found on the project's website.</span></p>
<p><span style="font-weight: 400;">Currently priced at $0.00985, PEPU can be acquired using ETH, USDT, BNB, or a bank card. After purchasing, the tokens can then be staked through the staking page on the site for investors to start earning passive income.</span></p>
<p><span style="font-weight: 400;">Prospective buyers should act quickly, as the meme coin's price is set to increase in the next phases of its ICO. The next price surge will occur in less than 48 hours.</span></p>
<p><span style="font-weight: 400;">Buy and stake PEPU to reap the 139% APY here before the next price rise.</span></p>
<h3><span style="font-weight: 400;">Related Articles:</span></h3>

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