Purple Toshi (POSHI)
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About POSHI
Purple Toshi (POSHI) is a Solana-based memecoin that launched in May 2025 as a homage to the Toshi token on Base and the Purple Pepe token that recently went viral. $POSHI is deemed a high-risk asset due to the abrupt shutdown of its official website, Twitter, and Telegram channels just weeks after launch. With no visible roadmap, community governance, or communication channels, the project currently lacks transparency and accountability. Despite continued trading on Raydium DEX, the token’s sustainability is uncertain, and users should exercise extreme caution before engaging further.
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Frequently Asked Questions about Purple Toshi
What is Purple Toshi?
Purple Toshi (POSHI) is a Solana-based memecoin that launched in May 2025 with no presale or team allocation. It briefly attracted attention before the team deleted its website and social media accounts, leaving the project without transparent communication or governance.
Is Purple Toshi still active?
While POSHI is still tradable on Solana DEXs like Raydium, the official website and community channels have been taken down. This raises serious concerns about the project’s long-term viability and signals a potential abandonment.
Where can I trade Purple Toshi?
The primary venue for trading POSHI is Raydium on Solana. The most active pair is POSHI/SOL, and liquidity remains modest. No centralized exchanges currently support POSHI.
Which wallets support POSHI?
As a Solana SPL token, POSHI can be stored in any Solana-compatible wallet such as Phantom, Solflare, Sollet, or hardware wallets integrated via Sollet.
Is it safe to invest in Purple Toshi, or is it a scam?
Extreme caution is advised. The removal of official project infrastructure and lack of transparency indicate a high-risk profile. There is no verifiable roadmap, team accountability, or guarantee of ongoing development.