CandleFocus

Top Memecoin Project in Cabal Arena of TON Memelandia Reaches $100M Market Cap

Decentralized hub Memelandia, introduced by Open Network (TON), plans to boost meme coin activity using TON's Telegram integration. Memelandia announced the start of its Memecoin Battles, inviting memecoin communities, developers, and traders to compete for a potential $1.25 million prize pool. The battles, which evaluate participants' abilities and involvement in the memecoin market, are set to begin in late October. Memelandia offers platforms for token deployment and meme battles, aiming to boost decentralized exchange listings, volume, market capitalization, and community engagement. The top-performing Cabals in the Cabal Arena will receive rewards, and notable memecoins such as $DOGS and $REDO are expected to participate. A project on TON's memepad reached a $100 million market cap in just 11 days, demonstrating the potential for profits in TON's meme coin ecosystem.

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