It is no coincidence that I raised the issue of the number of traders on DEX exchanges in the context of the TON blockchain. Although TON is in the TOP-5 in terms of the number of participants, the trading volumes are disproportionately small. Something is not right here, is it? Let's figure it out now:
⚙️ Trader profile
Let's dig a little deeper and see what kind of traders are trading on the TON blockchain. About 95% of these traders are engaged in NOT and DOGS coins. But there is one BUT: in fact, these are not traders, they are ordinary drop sellers:
🔵 In the DOGS / TON pair, 96% of traders, I emphasize once again: 96% of traders sell. And only 4% buy. I emphasize once again: these are not traders, they are just sellers of the drop. The drop still reaches many and users are trying to sell it, just sell it and forget.
🔵 A similar situation is in the NOT / TON pair, here 94% are selling and only 6% are buying. I think the portrait of these "traders" is already very clear to you.
Unfortunately, most of the so-called traders on TON are just temporary participants looking to get rid of their assets.
👋 Feel the difference:
Here we open a newly created dashboard on Solane. It is called Wully and we see a completely healthy picture: 45k wallets participate in buying and selling in +- equal proportions. There is trading here, and in the TON network - just a reset of the NOT and DOGS drop. I think you feel the difference. The newly created dashboard turns out to be more interesting to traders than the "community token" that has been created for a long time.
🦊To sum it up:
The situation requires attention. The prevailing motto of TON users is "get it, lose it, forget it." Most TON users do not seek to learn or develop, but are satisfied with quick and simple quests in anticipation of a small income.
"Free money" is a stupid and common comment we see about this or that project.
It is easy to accustom a user to the trough, it is not difficult, but to teach a user to use the product, to make a seasoned cryptan from a complete layman is a difficult task and often causes a toxic rejection. Perhaps a good solution would be some kind of indexing of channels in TG, which would allow users to receive more quality information.
#binance #ton #notcoin #dogs #TopCoinsJune2024 $TON