blockchainreporter.net
The TON blockchain ecosystem is witnessing activity in the number of token holders tokens, with different tokens attracting investment from the public. The latest analysis on IntoTheBlock shows that the $DOGS token is the most popular token on the network, with 5.6M holders.
📊 Token Holders on @ton_blockchain👇$DOGS: 5.6M holders$HMSTR: 3M holders$NOT: 2.8M holders$CATI: 1.5M holders$STON: 55K holders$PUNK: 45K holders$UP: 34K holders$REDO: 25K holders$SCALE: 16K holders
— IntoTheBlock (@intotheblock) October 10, 2024
DOGS leads, followed by HMSTR and CTI.
Which token are you bullish… pic.twitter.com/KBjZmwP94p
$DOGS: The Undisputed Leader
The $DOGS token is the most successful token on the TON blockchain, which gathered 5.6M addresses. The holder graph of $DOGS shows an increasing trend after August 2024, demonstrating that its holders are engaging and adopting the token regularly. The high level of trading volumes in this token means that investors will likely have a positive outlook for this token due to actual use or future price appreciation.
$HMSTR and $NOT: Strong Contenders
The $HMSTR token is the second largest, with 3M holders after $DOGS. It can be seen from the graph that the number of holders has increased fairly steadily. This points to increased attention on $HMSTR from people on social media, probably due to marketing or other improvements in this project.
$NOT is right behind $HMSTR with 2.8M holders. The line graph of $NOT presents a uniformly increasing curve with minimal fluctuations. It attracts investors seeking reliable tokens with stable and predictable customer demand.
$CATI: A Strong Community
The price of the $CATI token is impressive and holds approximately 1.5M holders. The movement in the graph is less sharp, akin to $HMSTR and $NOT, but slightly less intense. This means that $CATI has likely built a loyal community, although it has yet to see explosive growth like many other tokens.
Smaller Players: $STON, $PUNK, and Others
Other tokens, including $STON, $PUNK, and $UP, have fewer holder numbers but also present interesting trends. From the graph of $STON, it is clear that it has a holder base of around 55,000 and has a more steady, gradual rise. Similar to this, $PUNK has 45,000 addresses. $UP token has 34,000 holders, and its graph shows similar trends as $STON and $PUNK.
$REDO and $SCALE
The $REDO and $SCALE graphs indicate a steady line with 25k and 26k holders, respectively. Few people hold them compared to other coins, but such tokens experience short-lived pumps now and then.
Market Implications and Future Outlook
It is clear from the data that multiple tokens are operating on the TON blockchain, and the level of community engagement varies across them. The trend analysis of the holder counts is expected to attract the investor’s attention to the market and possible related investment opportunities.