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TON Ecosystem Memecoins Show Explosive Growth: These Are the Ones You Need to Check Out

2024-06-12 07:30:31

In the last two weeks, the TON ecosystem has recorded a massive surge in its meme coins prices. The frenzy started with the listing of the long-anticipated NOT coin for public trading, and soon after that, many new TON-based memecoins made entry to the market. The fun fact is that most meme coins have also seen an impressive price hike in a very short span of time.

In this article, we've hand-picked some of the top meme coins from the TON ecosystem to discuss how they are spreading waves in the market and what the future holds for TON-based cryptocurrencies. So, let's dive straight in.

1. TON

As the name speaks for itself, TON is the native cryptocurrency of The Open Network or TON ecosystem. The network is a layer-1 blockchain created by the Telegram messaging app in collaboration with other community members as a decentralized computer program or ecosystem for all internet users.

Today, its native coin, TON, stands among the top ten cryptocurrencies, with a market cap of over $17 billion as of June 6. In the first week of June alone, the coin's price has increased more than 11%, jumping from $6.284 to as much as $7.629. The coin's current price revolves around $7.35, as recorded on June 6.

2. NOT

Notcoin, or shortly, NOT, is a project built on the TON blockchain. It features a tap-to-earn game integrated into the Telegram messengers that allows users to earn coins by simply tapping on a virtual coin.

In just the first week of June, NOT has pumped more than 77%, jumping from a price of $0.011 to as much as $0.288. The coin has already secured a market cap of more than $2 billion in just a few weeks after its release. The coin's current price revolves around $0.021, as recorded on June 6.

3. GRAM

Gram is the first-ever Proof of Work (PoW) jetton on the TON blockchain. Its native coin, GRAM, has a total supply of 5 billion, only 30% of which is currently in circulation. The coin's price rose almost 23% in the first week of June. The circulation market cap of GRAM was more than $26 million at press time. The coin's current price revolves around $0.017, as recorded on June 6.

4. FISH

Ton Fish, or simply FISH, is the first non-foundation social meme coin in the TON ecosystem, with the goal of creating opportunities for users before large-scale liquidity is brought to the TON ecosystem.

Binance recorded a price surge of nearly 67.5% in the FISH coin on June 3, 2024. It has a total supply of 420.69T with a circulation market cap of more than $23 million at press time. The coin's current price revolves around $0.000000076, as recorded on June 6.

5. DUREV

Povel Durev, or shortly, DUREV, is a meme coin centered around the Telegram CEO, Pavel Durov. It has a total supply of 100 million coins and a circulation market cap of over $7 million at press time. In just the first week of June, DUREV has seen a price shift of more than 25%. The coin's current price revolves around $0.11, as recorded on June 6.

6. REDO

Resistance Dog, or REDO, is a meme coin centered around digital resistance and the fight against freedom and censorship. The coin rose more than 27% in the first week of June. It has a self-reported supply of 100 million coins, with a circulating market cap of more than $77 million at press time.

Binance recorded a price surge of nearly 37.2% in the REDO coin on June 3, 2024. The coin's current price revolves around $0.76, as recorded on June 6.

7. STON

Last but not least on the list is STON.fi or STON. It is a TON-based DEX that claims to provide virtually zero fees as well as direct integration with the TON wallets. The coin rose more than 16% in the first week of June, jumping from a price of $15 to as much as $22.07.

It has a total supply of 100 million coins. Out of this, only 1.68% of the supply is currently in circulation, with a circulating market cap of more than $31 million at press time. The coin's current price revolves around $19.4, as recorded on June 6.

Conclusion

While all of them are meme coins except the last one and TON itself, the sudden rise in the number of TON-based coins shows that the market is going to witness a surge in the popularity and value of the overall TON ecosystem in the coming months. If you're interested in trading cryptocurrencies, CoinEx is the best place to get outstanding volatility and prices.

Disclaimer: Please note that the information provided on this website is intended for informational purposes only. CoinEx assumes no liability for any financial losses resulting from cryptocurrency trading. It is advised that you conduct your own research.

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