An unexpected twist has gripped the market, spawning from the fallout of a crypto trader’s meteoric rise and precipitous plunge with $BALD, a meme coin that bloated its market cap to $100 million over a weekend, only to crumble under a suspected rug pull scam. Determined, if not undeterred, the trader is rallying behind a new low cap meme coin named Toshi valued at $TOSHI. The coin is anchored by Base, Coinbase’s Ethereum layer-2 scaling blockchain that is in experimental phases.
Toshi is on a mission to emulate the popularity of Dogecoin while ironically masquerading as a cat-themed coin. Currently undergoing migration to SushiSwap, trading is momentarily frozen, but recent successes tell a promising tale. Just before the migration, $TOSHI boasted nearly 3,500 holders and had reached an impressive all-time high of just under $0.0002.
Our protagonist, Cheatcoiner.eth, has a peculiar knack for identifying what’s shiny among the small-caps. With an investment record highlighting impressive overnight gains, it’s no wonder he’s enigmatic. However, even with successful gambles, his journey isn’t paved with profitable trades only. It is speckled with losses, indicative of the volatility that abounds the trading world.
Market enthusiasts are keen on new entrant, Shibie Coin, a meme-inspired coin blended with the viral Shiba Inu dog and Barbie, lately trending in light of the freshly released Barbie movie. Shibie Coin is opening doors to investors before it debuts on DEXs with an exciting presale of 60% token supply, priced at a staggering $999,999. Encouraging numbers, such as $50,000 already raised within a few hours, aim to compel meme coin opportunists to seize this chance.
The presale funds are pegged to propagate the project’s news across platforms, stirring quite a buzz already. Boasting support from noteworthy crypto outlets like CryptoPotato and Beincrypto, and a booming social presence attracting over 300 and 200 organic followers respectively on Telegram and Twitter, the nascent meme coin’s presale valuation stands at a humble $1.666 million, leaving ample room for explosive boosts post launch on decentralized exchanges.
As for our trader, Cheatcoiner.eth, he stands amidst the whirling currents of successes and failures, personifying the rollercoaster ride that cryptomarket truly is. It’s yet to undercover how Toshi and Shibie Coin will pan out, but one thing is certain – in the world of cryptocurrencies, a tenfold turn awaits just around the corner.
Source: Cryptonews
