TON, BLUM and memecoin crown
Currently, meme coins dominate the blockchain’s transaction volume and thus its success.
Solana has gained ground thanks to its fast and low-cost transactions. TON also offers fast and cheap transactions, and the blockchain has attracted millions of new users this year thanks to Tap-to-earn projects.
However, there is still no truly strong meme coin on TON. BLUM needs to improve on this - in the last 4 days, only one token was created on Memepad, reaching its $1 million cap.
A similar platform on TRON with Justin Sun’s backing and a lot of hype cannot compete with Solana. Transaction volume on SunPump has dropped by 200x from its peak.
Memepad is currently in beta and is not for everyone. The coming weeks will show whether this idea will succeed or not.