The Open Network (TON) has launched Memelandia, a decentralized hub aimed at expanding its meme coin ecosystem. Memelandia allows meme coin communities to thrive and offers platforms for collaboration, competition, and innovation. Communities can compete to grow their meme coins and are rewarded with airdrops and incentives. TON's integration with Telegram and its access to the platform's large user base have contributed to its popularity, with over 11.8 million monthly active wallets. Meme coin activity has surged on other networks as well, such as Tron and Solana. There are reports that institutional investors and liquid funds may soon enter the meme coin market.



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