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A crypto dealer that made after which misplaced greater than $1 million on $BALD, a meme coin that exploded to a market cap of $100 million over the weekend earlier than crashing in value as a consequence of an obvious rug pull scam is touting a brand new low cap meme coin on Base known as Toshi ($TOSHI).
Base is Coinbase’s Ethereum layer-2 scaling blockchain that’s nonetheless in its pretty early testing levels, with restricted entry for most of the people.
Toshi is a meme coin that’s making an attempt to turn into the Dogecoin of the Base community, though it’s really themed on a cat.
As per a tweet from the Toshi workforce, the token is at present within the strategy of migrating throughout to SushiSwap, so commerce is paused for now.
Previous to the migration, $TOSHI had shut to three,500 holders and had hit an all-time excessive value of just below $0.0002, practically 3,000x up versus its DEX launch value of $0.000000007 on Sunday.
Cheatcoiner.eth is a Low Cap Gem Hunter
Cheatcoiner.eth seems to have a reasonably robust observe report for figuring out small-cap gems.
On Wednesday, he bragged about investing 0.05 ETH right into a token known as $REPO that went as excessive as 11-12 ETH in a single day, although he mentioned he didn’t promote.
A take a look at his ERC-20 buying and selling exercise on Etherscan reveals among the different cash he has been buying and selling.
He not too long ago turned 0.199 ETH into 0.256 ETH buying and selling a token known as $PNDX.
He not too long ago turned 0.05 ETH into 0.385 ETH buying and selling $BIL.
Not all of his trades are winners.
He appeared to lose about 0.1 ETH buying and selling $INVADERS.
Cheatcoiner.eth goes into extra element about his strategies on this prolonged thread.
Right here’s a Small Cap Gem to Contemplate
On the subject of small cap crypto gems, a token that the workforce at Cryptonews.com actually likes proper now’s a brand new meme coin undertaking known as Shibie Coin.
Shibie Coin is a mixture of the viral Shiba Inu canine meme and Barbie, which is a trending matter proper now due to the large success of the newly launched Barbie film.
Shibie Coin is providing buyers an opportunity to get in early earlier than it launches on DEXs by way of an thrilling $999,999 presale of 60% of the token’s provide.
With $50,000 already raised in only a few hours and the presale set to conclude in lower than seven days, meme coin degens want to maneuver shortly in the event that they need to get their palms on this low-cap gem.
The advertising and marketing workforce will probably be placing these presale funds to good use spreading phrase in regards to the undertaking far and broad, and hype is already beginning to develop.
The brand new meme coin has already secured options in distinguished crypto information retailers like CryptoPotato and Beincrypto, and its Telegram and Twitter have already exploded to greater than 300 and 200 natural followers respectively.
With the presale valuing the token at a modest $1.666 million, there’s loads of room for explosive upside as soon as the token launches on decentralized exchanges.
We might nicely be wanting on the subsequent 10x token.