Deep Dive
1. Coinone KRW Listing (Bullish Impact)
Overview: Toshi was listed on South Korea’s Coinone exchange for direct KRW trading on November 12, 2025. This eliminates conversion fees for Korean investors and simplifies access, historically a precursor to liquidity spikes for altcoins.
What this means:
- Direct KRW pairs often attract retail traders, who drove 40% of TOSHI’s volume during past exchange listings (Coinone).
- Reduced friction could stabilize buy-side demand, though profit-taking risks remain given TOSHI’s -47.62% 60-day decline.
What to look out for: Sustained volume on Coinone’s TOSHI/KRW pair (target: >$2M daily).
2. Technical Rebound Signals (Mixed Impact)
Overview: TOSHI’s price ($0.000420) crossed above its 7-day SMA ($0.000414) and EMA ($0.000406), while the MACD histogram turned positive for the first time since late November.
What this means:
- Short-term momentum favors bulls, but the 30-day SMA ($0.000448) looms as resistance.
- RSI (43.58) suggests room for upward movement before overbought conditions.
Key level to watch: A close above $0.00045 could signal a trend reversal; failure may retest support at $0.00040.
Overview: Social media activity surged around TOSHI’s ecosystem developments, including Toshi Mobile (a privacy-focused Web3 mobile initiative) and meme-driven campaigns like #ToshiToTheMoon.
What this means:
- Meme coins often rally on narrative shifts, and TOSHI’s ties to Base blockchain’s growth (via Coinbase) amplify speculative interest.
- However, exchange balances of TOSHI remain high (~111B tokens), indicating potential sell pressure if sentiment sours.
Conclusion
Toshi’s 24h gain stems from improved KRW liquidity, technical rebounds, and meme-driven speculation. While short-term momentum favors bulls, the token’s high volatility and concentrated supply (420.69B total) warrant caution.
Key watch: Can TOSHI hold above its 7-day SMA ($0.000414) amid rising global crypto fear sentiment (CMC Fear & Greed Index: 22)?