As an experienced analyst, I believe that the Open Network (TON) blockchain’s growth can be attributed significantly to the surge of meme coins, particularly those launched on the network in 2023. Among these meme coins, Notcoin, Hedgehog in the Fog, and Ton Fish Memecoin have shown promising potential for gains of up to 10x or more.
As a blockchain analyst, I’ve observed an impressive expansion of The Open Network (TON) in the crypto market. The most notable surge came from the emergence of TON meme coins in 2023. Among these newcomers, Notcoin stood out and brought significant attention to the network. As a result, other meme coins have since joined the bandwagon. I’d like to suggest three promising TON meme coins for potential gains up to 5-10x:
1. TON Meme Coins – Notcoin (NOT)
As a researcher studying meme coins on the TON blockchain, I’ve come across Notcoin which stands out as one of the most popular and youngest meme coins in this space. Notcoin is unique in that it was built using the Telegram messaging app and functions as a Tap-to-Earn game. Prior to its Token Generation Event (TGE), users could ‘mine’ NOT tokens simply by tapping on the screen, making it an engaging and interactive experience for its community.
The project was launched in March 2024, and within just a few short months, it attracted over 40 million active users. This number surpasses what more established blockchains such as Ethereum and protocols like Maker DAO have achieved to date. Consequently, the TON network has experienced heightened action and market depth. Notably, significant DeFi facilitators like USDT have expanded their involvement in this network.
Today, NOT‘s price fluctuated around the $0.015 mark, representing a 4.5% decrease over the past 24 hours. Notably, NOT reached its peak price of $0.0283 on June 2, only to subsequently pull back. Currently, NOT is exhibiting a substantial falling wedge pattern on its chart, which could potentially result in an upward correction soon.
From a different perspective, the 24-hour trading volume for NOT has decreased by 48% compared to the previous day, signaling a notable reduction in market activity. This decline could be due to various causes, such as traders shifting their volumes from the TON network to the Solana chain following VanEck’s filing for a Solana ETF application in the United States. Despite this, NOT continues to maintain its status as a popular meme coin with a potential value ten times greater.
2. Hedgehog in the Fog (HIF)
As a crypto investor exploring new opportunities on the TON blockchain, I’ve come across an intriguing project called Hedgehog in the Fog. This meme coin is inspired by a beloved cartoon character and aims to unite meme enthusiasts and crypto traders within the Ton community. By being a part of this engaging project, we can enjoy the fun side of cryptocurrency while potentially reaping rewards together.
The cryptocurrency project Hedgehog in the Fog went live on June 5 and quickly gained attention from crypto community members. The project’s native token, HIF, is currently priced at approximately $0.0204 – a decrease of 7.9% compared to the previous 24-hour period.
The trading volume for HIF over the past 24 hours has increased by 86%, indicating a recent surge in market interest. With a current market capitalization of merely $4.11 million and a Gecko-Terminal score of 51, this stock holds significant potential for growth. If the price manages to surpass the forming wedge pattern, it could reach its previous record high and potentially exceed that price.
HIF is one of the most popular meme coins on the TON blockchain with a large number of investors holding it. Investing in this token could potentially yield a tenfold return on your investment.
3. Ton Fish Memecoin (FISH)
As a seasoned crypto investor, I’d describe Ton Fish Memecoin as one of the earliest meme tokens on the Ton blockchain and a trailblazer in social meme tokens. I joined the Ton Fish community because it offers an engaging experience within Telegram and the TON ecosystem.
The indigenous digital currency of FISH in the Ton Fish Memecoin was incorporated into Catizen, a widely-used Ton-centric Telegram mini-game with an impressive user base of over 20 million. Additionally, FISH formed alliances with Tony the Duck and Ton Degen.
The meme coin is working with new dApps and protocols within the Ton ecosystem to strengthen its presence. On June 26th, an amount equal to 5,647,500,025,030 FISH tokens, or approximately $366,000, was burned by Ton Fish.
$FISH Burning Announcement
As a crypto investor in $FISH and $TPET, I’m thrilled to announce that a significant amount of $FISH tokens worth approximately $316,824 have been irreversibly removed from circulation during the TON FISH upgrade chance event. Specifically, an astounding 5,647,500,022,503 $FISH tokens were incinerated in this process. $FISH and $TPEPE continue to develop and enhance our platforms with features that may permanently eliminate tokens from existence. Stay tuned for more updates on this exciting development! (TXID:…)
— Ton Fish (@tonfish_tg) June 26, 2024
I analyzed the cryptocurrency market and discovered that FISH was introduced on January 2, 2024. Shortly after its launch, FISH experienced significant growth, reaching an unprecedented peak price of $0.0000001384 around the same period. Subsequently, there was a correction in the market, causing the FISH price to retreat. Currently, FISH is valued at $0.00000005622 as of my latest assessment.
With a $16 million market cap, FISH still has a small market cap with a lot of upside room to move.
As an analyst on the TON blockchain, I can assert that being an early adopter, FISH holds the potential to kick-start the meme coin trend within the TON community. The expanding Ton Fish ecosystem is now accessible on various decentralized exchanges (DEXs) and DeFi (Decentralized Finance) protocols operating on the TON network.
Conclusion
As a crypto investor, I’m excited about the potential gains from investing in TON meme coins. With projections of 10X returns and more, these coins could bring substantial profits. The importance of meme coins in the development of the TON blockchain cannot be overstated. In just two short months, TON has surpassed Ethereum in daily active addresses, a significant achievement. The upcoming bull run on the TON network is primarily expected to be fueled by the meme coin sector.
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2024-06-28 18:54