Memecoin Season Coming from TON Network? Here's the analysis from Mr. Satoshik

Bittime – A crypto ecosystem observer with the account X named @MrSatoshik, on August 23, stated that memecoin season would soon occur on the TON network. This is because 3 large networks are competing against memecoins, namely Solana, TON, and TRON.

So, is it true that memecoin season is coming soon? And how do the memecoin ecosystems on the Soalan, TON, and TRON networks compare? Let's look at the analysis from Mr. Satoshik.

Memecoins on Solana and Tron Networks

Before discussing TON, Mr. Satoshik highlighted the success of memecoins on the Solana and Tron networks.

Solana has been a pioneer when it comes to memecoins using platforms like PumpFun that allow anyone to create memecoins without technical skills.

Tron also doesn't want to be outdone by launching a similar platform with a similar name, namely SunPump. In a short time, thousands of memecoin projects were launched on Tron, driving increased liquidity and investor interest.

One of the most successful memecoins on Tron is $SUNDOG, which currently has a market capitalization of $270 million.

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Situation in TON Network

Mr. Satoshik then discussed the situation on the TON network. He mentioned that GasPump, a platform similar to PumpFun on TON, has attracted the interest of many memecoin projects.

However, not all memecoin projects have had equally successful results on TON. Several projects that Mr. Satoshik actually experienced a drastic price drop after its launch.

Nevertheless, Mr. Satoshik remains optimistic about the potential of memecoins on TON. He admitted that he managed to get big profits from one of the memecoins, $KITO, which grew 150 times.

Although the price of $KITO has fallen since then, Mr. Satoshik remains holding the token, believing that the project has a bright future.

Memecoin Startup Services di TON

Apart from GasPump, several other platforms are preparing to launch memecoin startup services on TON, such as MemePad (Blum) and BYIN.

Mr. Satoshik hopes that the TON team will support these services and encourage the growth of the memecoin ecosystem on the TON network.

Memecoin Investment Strategy in TON

Buying memecoins on TON involves high risk, but can also provide the potential for large profits. Here are some strategies to consider:

1. In-depth Research

Learn the memecoin project thoroughly, including the development team, token utility, and future plans.

Pay attention to the activity and growth of the memecoin community. Evaluation of blockchain technology used by memecoin projects.

2. Diversification

Invest a small portion of your portfolio in various memecoins to reduce risk.

Choose memecoins with varying utilities to reduce the risk of being concentrated in one sector.

3. Risk Management

Set a loss limit to protect your investment. Only invest an amount you can afford to lose.

4. Stay updated

Follow the latest developments regarding the memecoins you invest in. Use technical analysis to help make investment decisions.

5. Avoid FOMO

Avoid investment decisions driven by fear of missed opportunities (FOMO).

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Conclusion

Based on Mr. Satoshik, memecoin season is coming to the TON network. Although there are still risks and challenges in investing in memecoins, the potential profits are also huge.

With platforms such as GasPump, MemePad, and BYIN, it is hoped that the memecoin ecosystem in TON will continue to develop.

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To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

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