TON airdrops $2.2m to meme coin traders amid Toncoin’s new all-time high

by Spencer Haag

TON Foundation dispensed 300,000 Toncoin to full of life meme coin merchants.

The Delivery Community mission airdropped Toncoins (TON) price round $2.19 million to essentially the most full of life meme coin merchants on DeDust and platforms.

Meme coin merchants who made transactions on DeDust and between March 4 and April 10 had been eligible for the airdrop. Users additionally needed to trade whitelisted meme cash on the network to amass capabilities, a like a flash-rising reward system.

4/ Buying and selling volume capabilities breakdown:

– <$2,700: 0 capabilities
– $2,700-$4,999: 1 point
– $5,000-$9,999: 2 capabilities
– $10,000-$24,999: 3 capabilities
– >$24,999: 4 capabilities

— TON 💎 (@ton_blockchain) April 11, 2024

In step with the group, members could well manufacture 90 free tokens per pockets, but Sybil addresses had been disqualified from the snapshot, and nil cash had been obtained.

You will additionally esteem: Toncoin flips Cardano by market capitalization, reaches new all-time excessive

Prior to the airdrop announcement, Toncoin broke its all-time excessive (ATH) yet yet again as its model increased over 14% in 24 hours, reaching $7.65 per token. Alternatively, following the info, TON retraced 5%, falling to $7.22.

TON model chart | Source: CoinMarketCap

The announcement is positioned to meme coin shopping and selling and investing on TON’s blockchain, following a meme frenzy that grew to change into some customers into in a single day crypto millionaires. On Solana blockchain, tokens corresponding to Dogwifhat (WIF) and E-book of Meme (BOME) accumulated billions in market cap, rewarding early supporters and merchants with multi-fold will improve of their preliminary capital.

Read more: Telegram rolls out TON-based mostly mostly income sharing system

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