TLDR:
- Market: Toshi ($TOSHI) reached another all-time high (ATH) market cap of $478M, increasing by 88% from $252M per day to $384M today, with $1.7 billion in perpetuals and $550 million in spot volume.
- Narrative: $TOSHI is motivated by the trading at Upbit, Binance Futures (75x leverage), and CEXs, releasing liquidity, retail hype, and FOMO-driven trading, with $9.1M outflows signaling supply tight.
Toshi ($TOSHI), contract address 0xAC1Bd2486aAf3B5C0fc3Fd868558b082a531B2B4, surged on the Ethereum blockchain, reaching a new all-time record market cap of $478M on September 18, 2025, from $252M by an incredible 88% in 24 hours, now at $384M. The catalyst? Listings at top Korean exchange Upbit (accounting for ~40% of today’s volume), Binance Futures (offering 75x leverage for TOSHI/USDT), and local CEXs like.
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The $TOSHI narrative rides this wave of momentum, with $1.7B in perpetuals volume (half from Binance) and $550M in spot volumes putting it into the top-20 volume assets today. The listings instilled FOMO and likely supply squeezes, seen in $9.1M in exchange outflows, implying less selling pressure. The speculative bump from high-leverage trading and wide-sweeping excitement in markets is a turning point for $TOSHI. Investors need to watch volume trends and leverage activity and be ready to see the next move from this high-octane token.
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