AICoin's market value rises to 12th place, detailed explanation of the process for participating in popular new projects

CN
1 year ago

Original | Odaily Planet Daily

Author | Nan Zhi

TON's market value rises to 12th place, detailed process of participating in hot new projects

Today, TON (Toncoin) surged over 5.4 USDT, with a nearly 39% increase in the past seven days, jumping to 12th place in the cryptocurrency market value. On-chain popular memes such as FISH tokens also rose with it. Recently, a series of popular tokens including FISH sub-tokens have started fundraising. Odaily Planet Daily will explain in this article how to configure the TON network wallet and assets, as well as the process of participating in hot project fundraising.

Wallet and Asset Configuration

TON Wallet Preparation

The most common TON wallets include the following two types:

  • Tonkeeper: You can enter the download address from the official X account, which supports iOS, Android, and desktop versions (including macOS, Windows, and Linux).

  • Telegram built-in wallet: You can directly enter "wallet" in the search bar to jump to it.

TON's market value rises to 12th place, detailed process of participating in hot new projects

TON Asset Transfer

Currently, exchanges such as OKX, Bitget, and Gate all support TON spot trading, but OKX and Bitget have temporarily suspended withdrawals. The reopening time depends on the platform's asset scheduling, and participating users can pay attention to the withdrawal status of each platform on their own.

In addition, users can also transfer through cross-chain bridges, including the official cross-chain bridge (fee: 5 TON + 0.25% cross-chain token amount), third-party cross-chain bridges such as Layerswap (fee: $4), RocketX (fee: $2), etc.

Trading and Market Viewing

The main DEX of the TON network is STON.fi, and the market browsing tool is geckoterminal.

Project Launch and Participation Process

This section is only for the collection and organization of project information for readers' reference, and does not constitute an endorsement of the project itself. Investors should DYOR and invest cautiously.

TON PET

  • Project background: Ton Fish is a social meme token on Telegram, currently valued at $54.4 million. TPET (TON PET) is the second meme officially issued by Fish, and the token will be used for its social game. In addition, 10% of the fundraising funds will be used for repurchasing and burning FISH.

  • End time: March 26th, 23:00 (UTC+8).

  • Fundraising and valuation: Currently, 891,000 TON tokens have been raised (valued at approximately $4.72 million), with an estimated initial market value of 2.5 million TON (13.25 million USD).

  • Token economics: Total supply of 300 million tokens, with 108 million tokens for presale (36%), 52.326 million tokens for adding liquidity, and the rest distributed as shown in the following figure.

TON's market value rises to 12th place, detailed process of participating in hot new projects

  • Operation process: First, enter the TonRaffles website, and then link the wallet according to the process in the figure below. First, click "Connect Wallet" in the upper right corner, and then the wallet options will pop up. Choose the wallet actually installed by the user (not limited to the wallets mentioned in the previous section). Taking the Telegram built-in wallet as an example, a pop-up window will appear and jump to Telegram. Select "confirm link" and then make the payment according to the planned amount.

TON's market value rises to 12th place, detailed process of participating in hot new projects

TON's market value rises to 12th place, detailed process of participating in hot new projects

TON Cats

  • Project background: One of the more popular presales, supported by some ecological communities, is a pure meme with a zoo concept.

TON's market value rises to 12th place, detailed process of participating in hot new projects

  • End time: March 27th, 01:00 (UTC+8).

  • Fundraising and valuation: Currently, 452,000 TON tokens have been raised (valued at approximately $2.4 million), with an estimated initial market value of 924,000 TON (4.9 million USD).

  • Token economics: 49% for presale, and the rest distributed as shown in the following figure.

TON's market value rises to 12th place, detailed process of participating in hot new projects

COFE

COFE is also a hot TON ecological meme token for recent presales. COFE has adopted a lottery presale format, with presale funds reaching 573,900 TON tokens, valued at approximately $3 million. 50% of the tokens will be used for presale distribution, and 50% will be used for adding LP. COFE completed the presale this morning and has not yet announced the opening time for trading. Investors can decide whether to participate in secondary trading based on the popularity.

Conclusion

The rise of network tokens usually has a certain spillover effect on ecological protocols, but whether to participate in investment still requires users to make cautious decisions.

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