Sorry to break your hearts 💔 but you won't get $10K/M crypto jobs by reading random Hopium articles.
I'm planning to do a space on crypto jobs with people already in this crypto jobs space for years.
@IshitaaPandey@aditichoprax@VivanLive@iamgaurangdesai these solid people are already happy to join the space and help the community.
If you know someone then tag them below or if you yourself can contribute to this space then I will be very grateful.
Will $TON Become the Next Hub for MEMECOINS ?
🧵 Let's explore the early 100x opportunity.
First, let's understand where TON stands in the meme coin saga.
SOLANA:
Daily Volume: $7 Billion+
Daily Transaction Count: 23 Million+
Top DEX (Raydium) Daily Volume: $6 Billion+
Non-Zero Wallet Count: 290 Million
TON:
Daily Volume: $40 Million+
Daily Transaction Count: 100K to 200K
Top DEX (STONFi) Daily Volume: $23 Million+
Non-Zero Wallet Count: 100 Million+
Note: Data only considers DEX transactions sourced from Dex Screener.
From the data above, you can clearly see that TON has a solid user base but is still far behind Solana in terms of volume and transactions.
So, why is that ?
To answer this, we need to understand the user onboarding processes for both chains:
SOLANA Onboarding :-
1 - DeFi Airdrops ( @JupiterExchange@jito@Parcl@bonk_inu etc.. )
2- Memecoin Rush after @bonk_inu
3- Successful launchpad @pumpdotfun
(Grinding/Degen mindset)
TON Onboarding :-
1 - Telegram Integration
2- Tap Tap Airdrops
3- Mini Apps
(Freebies mindset)
This is why there's a gap in volumes and transactions between SOLANA and TON.
Now, let's dive into the main question :)
Will TON Become the Next SOL for Memecoins?
Let’s understand Solana’s history for context :-
In December 2022 - Solana’s daily volume was only $20 million, but then $BONK was born.
The entire Solana ecosystem supported this meme coin, which gained attention as ETH was expensive and the market was bearish. So people saw opportunity in SOLANA memecoins.
But the real fun began in January 2024 with the launch of @pumpdotfun :) which solved one of the biggest problems for meme coins—Rugpull
Let me explain:
In traditional meme coin launches, when the a memecoin hits a certain market cap or dev made enough money then they often remove liquidity, leaving traders stuck with tokens they can’t sell.
Launchpads like @pumpdotfun solve this by setting a market cap threshold. Once it reached there then liquidity is deposited to the Solana decentralized exchange Raydium and burned. Yes, the price may drop 99% but the dev can’t rug.
Before PumpFun Launch :-
SOLANA Daily Volume: Rarely touched $1 Billion
After PumpFun Launch :-
SOLANA Daily Volume: Consistently crossed $5 Billion+
Can TON do the same?
@ton_blockchain and @TONmemelandia are working hard to make this happen.
Two projects with over 80 Million+ users have already launched their meme launchpads:
1- @blumcrypto
2- @pocket_fi
Notable names have launched or are supporting meme coins on $TON :
@ikardanoff – $TVM ($700K MC)
@storm_trade_ton – $LIQUID ($300K MC)
@becometa – $DRAGO & $MULB
@MasterCheforg – $SW
Even @blumcrypto is interacting with TON meme coins like @dk_blum
Due to this push, we’ve seen a 5x to 10x increase in volume on $TON, but this isn’t enough to bring in retail traders.
Here are some issues I think are holding TON back:
1- Blum & Pocketfi should separate the memepad from the main bot or create a backup bot.
Because with such large user bases, their bots take too long to load, and timing is crucial in meme coin trading.
2- Lack of Understanding : Many users onboarded through Tap Tap don’t know how to swap tokens or make cross-chain transactions.
3- TON Transaction Fees: Transactions cost between 0.08 and 0.3 $TON ( which is relatively expensive )
4 - Bad Supply Distribution : Recent meme coin launches are not BIG Success because, the top 5 or 10 holders control 40-50% of the supply and eventually will eat retailers money.
5 - Bad Image Due to Tap Tap Airdrops led to a lack of trust within the community.
6- No Airdrop Incentives from DeFi Projects
Solutions IMO:
1- Blum & Pocketfi should launch a backup bot for memepads to speed up the process.
2 - Educate the Community : There needs to be more education on DeFi and how things work on-chain.
3 - Official handles or Big Names should avoid intracting with bad meme coins, as this leads to a loss of trust among users.
4 - Push Organic Memecoins : Focus on building and pushing organic meme coins to create FOMO. This worked for Solana with $BONK.
Until one or two organic meme coins spark excitement, new users may not come.
5 - DeFi projects should do surprise airdrops to draw in more DeFi enthusiasts.
6- @ton_blockchain should stay away from Tap Tap projects that aren’t creating real value, as they risk increasing discontent within the community for the enitre ecosystem.
It took me 3 hours to write this ✒️ so I'd appreciate your support with a LIKE ♥️ or a REPOST 🔁
By the way, I wouldn't mind if @ton_blockchain @TONmemelandia or anyone decided to gift me some $TON for this effort 😉
“Please note that all services will be unavailable during this period.”
What service 😀?
Trading already stopped
Deposit & Withdrawal not working
Listing stopped
Hey @blumcrypto
First of all, Congratulations on reaching 70 million users.
The community has a few concerns regarding Blum that I would like to share on their behalf.
You updated the 2024 roadmap in May 2024 but there was no mention of the TGE or the listing of the Blum token.
Additionally, in the same roadmap, Memepad was scheduled to launch in August 2024, but here we are in October and it hasn't launched yet.
You also mentioned that swaps would be introduced in Q3 2024 but now that Q3 is over and we still don't have swaps.
On September 30, you introduced a new mini roadmap ( what's next for Blum ) but there was no mention of the $BLUM token as well,
As a community, we have shown a lot of faith and belief in you and we hope to receive the same level of transparency from your side regarding these matters.
We kindly request that you share an updated roadmap with the community.
Thank You. #Blum
@Cryptowithkhan Khan bhai apka content poori crypto industry mai different and valuable informations k sath bara hota h ...jitni mehnat ap karte ho hame learning denai k liye mje nhi lgta aj kl itni pure and valuable information koi free mai dega ..hatts off u sir❣️