The Open Network (TON) has become a prominent player in the blockchain space, drawing enormous attention to its native token Toncoin (formerly known as GRAM), its gaming ecosystem, and the various tokens issued on TON. Toncoin currently has a market capitalization of $18.71 billion.
In addition, nine other crypto assets issued on the TON network have a market value exceeding $19 million. Below Toncoin in value is Notcoin (NOT) with a capitalization of $1.5 billion and Resistance dog (REDO) worth $93.06 million. NOT is a game where you can earn money, and REDO is a meme token.
Following REDO is a dog-themed token created by Telegram founder Pavel Durov. Next on the list is Jetton games (JETTON) with a valuation of $47.1 million. JETTON is associated with a cross-platform gaming solution where these crypto assets can be earned, traded and used for in-game purchases.
Shrapnel (SHRAP), associated with a blockchain-based first-person shooter, has a market value of $34.61 million. Punkcity (PUNK), intended for use in the decentralized gaming ecosystem Punkcity, has increased its value to $33.03 million.
Other tokens include ston (STON) with $31.86 million, Hypergpt (HGPT) with $23.52 million and Gamee (GMEE) with $21.47 million. The top ten memcoin is Ton Fish (FISH) with a market capitalization of $19.24. million. Collectively, these ten tokens have a total value of $20.51 billion.
The following five tokens issued on TON have market caps ranging from $1 million to $5.67 million. In addition, four tokens, including BURN, TOGE, PET and SHIP, have reached the six-digit cap range. Moreover, TON has $489 million in circulation in the form of Tether (USDT), making the blockchain the sixth largest network operated by Omni and storing the largest amount of USDT.