Ton Coin Alts & MEMEs Are About To Explode! Here Are My Picks For A HUGE Crypto Summer!

Summary

The video script discusses the rapid growth of the TON blockchain, driven by Telegram's massive user base, and its potential to create wealth in the 'TON Summer'. It highlights the increase in daily active users surpassing Ethereum and the skyrocketing total value locked on TON. The speaker emphasizes opportunities in lesser-known TON-based coins and Decentralized Exchanges (DEXs), suggesting they could replicate the success seen in coins like Coino, Bonk, and Pangolin during the Solana and Avalanche booms. The script also speculates on the future of meme coins on TON and encourages viewers to research and consider investing in projects like Hedgehog in the Fog and Redo, while reminding them to invest wisely.

Takeaways

• 🚀 The TON Network has surpassed Ethereum in daily active users, indicating a potential for coins within the TON ecosystem to generate significant gains.
• 📈 TON's total value locked and trading volume are skyrocketing, with a current TVL of over half a billion dollars, showing strong market interest.
• 🌐 TON is the blockchain of Telegram, which has 800 million active users, making it the fourth largest messenger app globally and a key driver for TON's growth.
• 💡 The growth of TON's blockchain is highlighted by the creation of 5.3 million new wallets each month, a strong indicator of expanding user base and potential for investment.
• 💰 The speaker suggests that decentralized exchanges (DEXs) and meme coins on emerging blockchains like TON could offer early investors substantial returns, as seen with similar assets on Solana and Avalanche.
• 🔑 TON's rise in popularity is partly due to its potential for global remittance, offering an alternative for the unbanked and those affected by hyperinflation in their local currencies.
• 🔄 TON's ecosystem includes a variety of DEXs and tokens that could benefit from the overall growth of the network, with some showing increasing total value locked and market potential.
• 📊 The speaker emphasizes the importance of looking at the total value locked in relation to market cap to identify opportunities for investment in DEXs and other tokens.
• 📈 The potential for meme coins on TON is highlighted, with some tokens like Redo showing strong patterns that could indicate significant short-term growth.
• 👀 The script mentions Hedgehog in the Fog as a meme coin with a high liquidity-to-market cap ratio, a strong community following, and potential for significant upside.
• 💡 The speaker suggests that the current focus on Bitcoin's volatility could be an opportune time for investors to look at emerging opportunities within the TON ecosystem.

Q & A

What significant event has the TON Network recently achieved in terms of daily active users?

The TON Network has recently surpassed Ethereum in terms of daily active users.

What potential does the TON ecosystem have in creating wealth during the 'TON summer' according to the video?

The TON ecosystem is expected to create millionaires due to the growth and potential of coins within the ecosystem.

Why is the TON Network considered to have good potential going forward based on the video?

The TON Network has good potential because it is the blockchain of Telegram, which already has 800 million active users, making it the fourth biggest messenger app in the world.

What is the significance of the growth rate of the TON blockchain in terms of new wallets being created?

The TON blockchain is growing rapidly with 5.3 million new wallets being created every month, indicating a strong user base and potential for increased adoption.

How has the total value locked (TVL) on TON been performing according to the video?

The total value locked on TON has been skyrocketing, reaching over half a billion dollars, indicating a significant amount of assets being committed to the TON ecosystem.

What is the potential opportunity presented by the TON ecosystem that the video suggests?

The video suggests that there is an opportunity to invest in lesser-known coins on the TON ecosystem that could potentially offer significant gains as the ecosystem grows.

What role did decentralized exchanges (DEXs) and meme coins play in the growth of other blockchain ecosystems like Solana and Avalanche?

In the growth of other ecosystems like Solana and Avalanche, decentralized exchanges and meme coins experienced significant gains, benefiting from the overall growth and attention towards those blockchains.

What is the importance of the global remittance market in relation to the TON Network as mentioned in the video?

The global remittance market, worth $840 billion, is significant for the TON Network because it provides a use case for people without access to traditional banking to transfer money using the TON blockchain.

What is the potential impact of the TON Network's growth on meme coins and DEXs within the ecosystem?

The growth of the TON Network could lead to increased attention and investment in meme coins and DEXs within the ecosystem, potentially resulting in significant price increases for these assets.

What advice does the video give regarding investing in the TON ecosystem?

The video advises viewers to do their own research, understand the opportunities, and only invest if they see potential, emphasizing that it is not financial advice.

What are some of the meme coins mentioned in the video that are built on the TON Network?

The video mentions meme coins like Redo and Hedgehog in the Fog that are built on the TON Network and could potentially experience growth.