The Telegram Open Network (TON) chain has seen a significant surge in popularity, with its top five tokens boasting millions of addresses. This growth puts TON far ahead of Ethereum’s popular memecoin PEPE, which has only 280,000 addresses.
According to recent data, the top five tokens on the TON chain are TON, USDT, CATI, NOT, and DOGS. TON, the native token of the network, leads the pack with a massive 19.39 million addresses. USDT, a stablecoin pegged to the US dollar, follows with 1.54 million addresses. Other notable tokens include CATI, NOT, and DOGS, which have 1.09 million, 2.86 million, and 5 million addresses respectively.
Recently, the Toncoin ecosystem has really attracted attention with its memecoins. Due to low transaction fees and the popularity of the connected app Telegram, memecoins have started to be released specifically on the Toncoin network.
