In recent weeks, some coins from Telegram have been listed: $DOGS $HMSTR $CATI are some of them.
Although for some it was a disappointing waste of time as the rewards did not compensate for their efforts put into the tasks they solved daily for others, they see all this as a long-term opportunity, speculations are quick to arrive in the spam posts saying that this or that coin "will reach $1" often causing investors to lose money.
Memecoins that emerge on platforms like Telegram have gained popularity due to their strong viral and community component. These cryptocurrencies are usually driven by memes, jokes or trends, and they usually grow thanks to campaigns on social networks and forums like Telegram. Although their value is highly speculative and volatile, they have captured the attention of both experienced and novice traders.
Some of the most popular memecoins on Telegram right now include:
1. TOMARKET APP
Tomarket is a decentralized platform operating within the Telegram ecosystem and based on the TON blockchain. It has emerged as one of the fastest-growing mini-apps, with a focus on gamification, DeFi, and generating rewards for its users. Its main attraction is the Tomato Drop game, where users can earn $TOMATO points by completing various tasks, such as virtual farming and referrals, which will be critical for the platform's token generation event (TGE), scheduled for October 2024.
2. PIGGYPIGGY
Like other gaming platforms GameFi on Telegram, it is not only based on simple tasks to generate rewards, but also promotes social interaction. Users can get additional tokens by inviting friends, which boosts the growth of the community. This model of invitations and rewards reinforces the viralization of the platform, benefiting both players and developers. In my case, I don't know how beneficial it is to pay to complete tasks so that at the end of the event the reward does not reach a minimum value that makes us recover the initial investment.
3. BLUM
It is a memecoin trading platform that has also gained ground. Backed by Binance Labs and in collaboration with BNB Chain and CoinMarketCap, Blum seeks to facilitate the trading of this type of emerging coins. The project has been included in Binance's MVB program, which shows its growth potential in the Web3 space and its integration with multiple blockchains such as Solana, Arbitrum and Polygon.
4 CATS
It is a memecoin inspired by Spotty, the pet cat of Pavel Durov, founder of Telegram. This coin, linked to the Toncoin network, has become very popular, managing to capture attention with its recent listing on the Bitget exchange. Currently, CATS has more than 7.5 million holders and is one of the largest coins in the TON ecosystem. It stands out for its great liquidity and early accessibility for investors looking to get involved in promising projects before their full launch in the markets.
The success of these memecoins depends on their ability to go viral and generate interest among the community, beyond their fundamental value, these 4 proposals are listed soon! At least you will have $5 for a beer đș
