{"id":10966,"date":"2025-09-17T10:35:45","date_gmt":"2025-09-17T10:35:45","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-toshi-price-rallied-over-80-today\/"},"modified":"2025-09-17T10:35:52","modified_gmt":"2025-09-17T10:35:52","slug":"heres-why-toshi-price-rallied-over-80-today","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-toshi-price-rallied-over-80-today\/","title":{"rendered":"Here\u2019s why TOSHI price rallied over 80% today"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">TOSHI price rallied as much as 83% today, breaking out of the consolidation phase that had persisted since the beginning of September.<\/p>\n<div id=\"cn-block-summary-block_fc9a8986db3f835dd885ad88f083198e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>TOSHI price shot up as high as 83% following listings on Binance Futures and Upbit.<\/li>\n<li>The token recently confirmed a breakout from a cup-and-handle pattern, with the target level now acting as a key support level.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Toshi (TOSHI) shot up to an 8-month high of $0.0011 on Sep. 17, afternoon Asian time, before settling at $0.0010 at press time. At this price, it is up 50% above its September low and over 800% above its lowest point this year.<\/p>\n<p>TOSHI\u2019s price rallied as its trading volume surged nealy 2,400% over the previous day as traders exchanged over $312 million worth of tokens. The token\u2019s market cap was sitting at $425 million when writing.<\/p>\n<h1 class=\"wp-block-heading\">What did TOSHI price go up today?<\/h1>\n<p>TOSHI\u2019s price went parabolic today after it secured listings on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/BinanceFutures\/status\/1968162300948558030\" target=\"_blank\" rel=\"nofollow\">Binance Futures<\/a> and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Official_Upbit\/status\/1968143309429465483\" target=\"_blank\" rel=\"nofollow\">Upbit<\/a> earlier in the day. Cryptocurrencies often rally after being listed on major exchanges, as such listings boost their credibility and visibility among investors.<\/p>\n<p>In TOSHI\u2019s case, the launch of the TOSHI\/USDT perpetual contract on Binance allows traders to trade the token with up to 75x leverage. The ability for traders to now open much larger positions with relatively small amounts of capital has amplified speculative activity, which has been fueling the token\u2019s recent gains.<\/p>\n<p>Upbit, on the other hand, is the leading crypto exchange in South Korea, commanding over 70% of the country\u2019s crypto trading market. Notably, Upbit accounted for nearly 40% of TOSHI\u2019s trading volume today.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>TOSHI rally has also been supported by a drop in exchange balances observed today. Data from Nansen shows that the total balance of TOSHI tokens held on exchanges dropped by 8%, from 121.1 billion to 111.1 billion, following the listing news.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Balance on exchanges dropped after the listings | Source: Nansen<\/figcaption><\/figure>\n<p>Such exchange outflows reduce the amount of tokens available for trading in the open market and reduce selling pressure on the token.\u00a0<\/p>\n<p>Further, Base, the blockchain that hosts the TOSHI memecoin, recently announced at Base Camp its exploration of launching a native network token. This development may have contributed to TOSHI\u2019s gains, as the token is widely regarded as the unofficial meme representative of the Base ecosystem.<\/p>\n<h2 class=\"wp-block-heading\">TOSHI price analysis<\/h2>\n<p>On the 4-hour chart, TOSHI has confirmed a breakout from a cup-and-handle pattern following its sharp rally today. This bullish formation typically signals a reversal from prior downtrends and often precedes a sustained upward move. The neckline of the pattern was established at $0.00068, while the bottom of the cup formed around $0.00053.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"888\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/09\/1758105345_264_Heres-why-TOSHI-price-rallied-over-80-today.png\" alt=\"TOSHI price has confirmed a cup-and-handle pattern on the 4-hour chart.\" class=\"wp-image-14416341\"><figcaption class=\"wp-element-caption\">TOSHI price has confirmed a cup-and-handle pattern on the 4-hour chart \u2014 Sep. 17 | Source: crypto.news<\/figcaption><\/figure>\n<p>Following its recent surge, TOSHI entered a consolidation phase but appears to have found support around $0.00083, a level that aligns closely with the measured target projected from the cup-and-handle breakout. Holding above this level would reinforce bullish momentum.<\/p>\n<p>The Bull-Bear Power indicator shows a clear shift in favor of buyers, indicating that bulls currently dominate short-term market sentiment. However, the Chaikin Money Flow index registers a negative value, suggesting that capital is flowing out of the market\u2014a potential warning sign of weakening demand or pending downside.<\/p>\n<p>Given this mixed technical picture, a decisive rebound above $0.00083 would likely confirm it as a new support level, potentially setting the stage for a rally toward the psychological resistance at $0.0012, up 20% from the current price level.<\/p>\n<p>Conversely, a breakdown below the $0.00068 neckline would invalidate the bullish setup and open the door for a retracement back toward the $0.00053 zone, which served as the base of the cup formation.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TOSHI price rallied as much as 83% today, breaking out of the consolidation phase that had persisted since the beginning of September. Summary TOSHI price shot up as high as&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10966"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10966\/revisions"}],"predecessor-version":[{"id":10968,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10966\/revisions\/10968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/10967"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}