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Another Altcoin to Enter the Memecoin Market After Solana-Based Memecoins Drive SOL Price Hike

source-logo  en.bitcoinsistemi.com 17 March 2024 13:55, UTC

After the recent Solana memecoin craze, another altcoin started to make moves to dominate the memecoin market.

Toncoin (TON) management, which ranks 13th among the world's largest cryptocurrencies, posted a “Memecoin Ecosystem Leader” job posting to enter the memecoin world.

Toncoin management gave the following details for the Memecoin responsible it was looking for:

“As the Memecoin Ecosystem Leader, you will be at the forefront of developing and implementing strategies to build and evolve our memecoin ecosystem. Your primary focus will be on creating incentives and airdrop programs that engage and grow TON's community of memecoin projects.”

TON, supported by the communication application Telegram, is not yet listed on major cryptocurrency exchanges such as Binance or Coinbase. After hearing about Telegram's plans to go public, the TON price experienced an increase. The price of the altcoin has increased by approximately 70% in the last month.

Even in a period when the Bitcoin price reached an all-time high, dropped from there and fell below $ 70,000, some memecoin projects on Solana continue to rise. BOME, which was last launched three days ago, exceeded the market value of 1 billion dollars and managed to be listed on Binance and Bybit.

*This is not investment advice.

en.bitcoinsistemi.com