Bitcoin (BTC) $62,877 price At the $63,000 limit, the popularity of altcoins on the Ton network has been increasing in recent days. With 950 million active users, the Telegram-supported TON Coin ecosystem has experienced very rapid growth. Moreover, current data shows that TON altcoin has attracted more attention compared to giants like PEPE Coin.
Altcoins in the TON Ecosystem
The top 5 cryptocurrencies on the network are TON, USDT, CATI, NOT and DOGS‘tur. DOGS has just made an airdrop but has reached a significant market size. The most important growth driver of the Web3 story is to make things easier to reach more users. Although most people are interested in cryptocurrencies, they are not knowledgeable about creating their own wallets and doing blockchain transactions.
It is possible to overcome the network transactions that are complicated for most people with automated, user-friendly interfaces. The internal wallet feature of the Telegram application has the feature of making transactions easily, similar to normal bank account transactions. Moreover, since steps such as transfers are similar to centralized exchanges, investors do not have difficulty and can easily carry out their transactions.
These two results are correct.
- The number of on-chain users of applications is increasing rapidly compared to their competitors.
- Although the number of on-chain users is high, these are investors with no blockchain experience, causing an unfair comparison in metrics.
If we compare the number of wallets, we get the following result.
- TONS 19.39 Million
- USDT 1.54 Million
- CATI 1.09 Million
- NOTE 2.86 Million
- DOGS 5 Million
With DOGS PEPE CoinIf we compare the network addresses of , we see that PEPE Coin has 280 thousand addresses. DOGS has 5 million addresses, which is more than 10 times that number.
TON Coin Comment
TON Coin, which found buyers at $5.5 at the time of writing, maintains its important support level. The altcoin, which has had a hard time due to Telegram being targeted by the judiciary in France, remained strong. Now it can close above $5.8 and reclaim $6.43 as support. Beyond that, it will focus on its $8 and $10 targets.
HMSTR Token for Airdrop The numbers have been announced, but this has also brought discussions. In order for the enthusiasm for the Telegram-supported TON ecosystem to continue, new, sensational airdrops such as HMSTR Token should not trigger major waves of reaction in the ecosystem. If the current situation can continue until the general market rally accelerates, it will not be a big surprise for the TON Coin price to reach $ 10 and above before the end of the year.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
