What Is TONG Coin (TONG):
Everything to Know About TONG Memecoin on TON
Time to read: 5 min
How to Buy TONG?
If you’re interested in buying TONG, simply follow these easy steps:
- Purchase Toncoin: Buy TON with 20+ fiat currencies at Switchere.com, using the most popular payment methods, including credit cards, direct bank or SEPA transfers, or mobile payments like Apple Pay and Google Pay.
- Prepare Your Wallet: Set up a TON-compatible wallet like Tonkeeper to manage and store TONG.
- Swap for TONG: Use the purchased TON coins to swap for TONG tokens on STON.fi.
TONG has quickly become one of the most talked-about tokens on The Open Network (TON), creating a lot of excitement within the community. Even without a marketing budget, it grabbed attention with its fair launch and community-driven approach.
In this guide, we’ll dive into what TONG is all about, its unique tokenomics, and how its community-driven approach sets it apart. We’ll also explore how to buy TONG, its performance in the Open League, and the role of its dedicated community in driving its success.
What Is TONG Coin (TONG)?
TONG Coin (TONG) is a meme-based cryptocurrency built on TON, launched in March 2024. Its name, meaning ‘ouch’ or ‘pain’ in several Asian languages, reflects the developers’ satirical approach to the world, crypto, and the TON ecosystem’s memes. TONG aims to be the fairest and most transparent memecoin on TON, boasting a unique launch mechanism and strong community backing.
TONG is a community-driven memecoin that emphasizes fairness and transparency. Unlike many other projects, TONG had a 100% fair launch, meaning there were no pre-allocated tokens for the team, investors, or developers. All funds raised are transparently managed through a community-controlled wallet. The project has no marketing budget; instead, any funds allocated for marketing are collected through donations and tracked in a public channel.
TONG Overview
TONG Price $0.051788 TONG Market Cap $1.76M TONG Liquidity $1.36M TONG Holders 7.95K TONG Trading Volume $8.23K
TONG Tokenomics
TONG’s tokenomics is designed with transparency and fairness at the core:
- 30% of the total supply was allocated to the IDO (Initial DEX Offering) on the TonUP platform.
- 30% was designated for liquidity pools, and the entire liquidity pool (LP) allocation has been burned. Burning LP tokens eliminates the risk of a rug pull, as those tokens can no longer be accessed.
- 40% is reserved for ongoing liquidity rewards, which will be distributed over the next three years.
TONG’s fair launch and unique tokenomics, such as a burnt liquidity pool and a continuous supply reduction through token burns, create a solid foundation for growth. This reduces the overall supply, potentially pushing the token’s value upwards over time.
TONG IDO on TonUP
On March 23, 2024, TONG held its IDO on the TonUP platform. In just 30 minutes, the IDO successfully raised 100,000 TON. This achievement solidified TONG’s presence as a top contender in the TON ecosystem.
Key points about the TONG IDO:
- No airdrops
- No investor allocations
- No team allocations
This ensured that TONG’s launch was entirely community-driven, with all tokens
TONG in The Open League Season 5
The Open League, an initiative by the TON Foundation, rewards developers, teams, and community members who contribute to the TON ecosystem. In Season 5, TONG outperformed many well-established projects, securing third place and winning $100,000 in rewards. This was a remarkable achievement, considering TONG was a relatively new player, competing against projects like Notcoin (NOT) and JETTON.
Since its participation in The Open League, TONG’s price has surged by over 100%, further cementing its position as a rising star within the TON ecosystem.
TONG Community
Despite its recent launch in March 2024, TONG has rapidly built a dedicated and active community. The project’s philosophy of transparency and fairness has resonated with many users. TONG’s official Telegram channel boasts 20,000 subscribers, while its X.com (formerly Twitter) account has attracted 8,000 followers. The community’s growth reflects TONG’s potential to expand further in the memecoin space.
Conclusion
TONG Coin has emerged as a significant player in TON’s memecoin space, driven by its transparent, community-focused approach. With fair launch tokenomics, a dedicated community, and strong performance in initiatives like The Open League, TONG is poised for continued growth.
Disclaimer
This information is provided for informational purposes only. Such information is not intended as and may not be relied upon as investment advice. Before deciding to buy cryptocurrencies, you should carefully consider your objectives, level of experience, and risk appetite. Please do your own research and due diligence on the services provided by online cryptocurrency exchange platforms.
FAQ
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How to Buy TONG?
If you’re interested in buying TONG, simply follow these easy steps:
- Purchase Toncoin: Buy TON with 20+ fiat currencies at Switchere.com, using the most popular payment methods, including credit cards, direct bank or SEPA transfers, or mobile payments like Apple Pay and Google Pay.
- Prepare Your Wallet: Set up a TON-compatible wallet like Tonkeeper to manage and store TONG.
- Swap for TONG: Use the purchased TON coins to swap for TONG tokens on STON.fi.
TONG has quickly become one of the most talked-about tokens on The Open Network (TON), creating a lot of excitement within the community. Even without a marketing budget, it grabbed attention with its fair launch and community-driven approach.
In this guide, we’ll dive into what TONG is all about, its unique tokenomics, and how its community-driven approach sets it apart. We’ll also explore how to buy TONG, its performance in the Open League, and the role of its dedicated community in driving its success.
What Is TONG Coin (TONG)?
TONG Coin (TONG) is a meme-based cryptocurrency built on TON, launched in March 2024. Its name, meaning ‘ouch’ or ‘pain’ in several Asian languages, reflects the developers’ satirical approach to the world, crypto, and the TON ecosystem’s memes. TONG aims to be the fairest and most transparent memecoin on TON, boasting a unique launch mechanism and strong community backing.
TONG is a community-driven memecoin that emphasizes fairness and transparency. Unlike many other projects, TONG had a 100% fair launch, meaning there were no pre-allocated tokens for the team, investors, or developers. All funds raised are transparently managed through a community-controlled wallet. The project has no marketing budget; instead, any funds allocated for marketing are collected through donations and tracked in a public channel.
TONG Overview
| TONG Price | $0.051788 |
| TONG Market Cap | $1.76M |
| TONG Liquidity | $1.36M |
| TONG Holders | 7.95K |
| TONG Trading Volume | $8.23K |
TONG Tokenomics
TONG’s tokenomics is designed with transparency and fairness at the core:
- 30% of the total supply was allocated to the IDO (Initial DEX Offering) on the TonUP platform.
- 30% was designated for liquidity pools, and the entire liquidity pool (LP) allocation has been burned. Burning LP tokens eliminates the risk of a rug pull, as those tokens can no longer be accessed.
- 40% is reserved for ongoing liquidity rewards, which will be distributed over the next three years.
TONG’s fair launch and unique tokenomics, such as a burnt liquidity pool and a continuous supply reduction through token burns, create a solid foundation for growth. This reduces the overall supply, potentially pushing the token’s value upwards over time.
TONG IDO on TonUP
On March 23, 2024, TONG held its IDO on the TonUP platform. In just 30 minutes, the IDO successfully raised 100,000 TON. This achievement solidified TONG’s presence as a top contender in the TON ecosystem.
Key points about the TONG IDO:
- No airdrops
- No investor allocations
- No team allocations
This ensured that TONG’s launch was entirely community-driven, with all tokens
TONG in The Open League Season 5
The Open League, an initiative by the TON Foundation, rewards developers, teams, and community members who contribute to the TON ecosystem. In Season 5, TONG outperformed many well-established projects, securing third place and winning $100,000 in rewards. This was a remarkable achievement, considering TONG was a relatively new player, competing against projects like Notcoin (NOT) and JETTON.
Since its participation in The Open League, TONG’s price has surged by over 100%, further cementing its position as a rising star within the TON ecosystem.
TONG Community
Despite its recent launch in March 2024, TONG has rapidly built a dedicated and active community. The project’s philosophy of transparency and fairness has resonated with many users. TONG’s official Telegram channel boasts 20,000 subscribers, while its X.com (formerly Twitter) account has attracted 8,000 followers. The community’s growth reflects TONG’s potential to expand further in the memecoin space.
Conclusion
TONG Coin has emerged as a significant player in TON’s memecoin space, driven by its transparent, community-focused approach. With fair launch tokenomics, a dedicated community, and strong performance in initiatives like The Open League, TONG is poised for continued growth.
Disclaimer
This information is provided for informational purposes only. Such information is not intended as and may not be relied upon as investment advice. Before deciding to buy cryptocurrencies, you should carefully consider your objectives, level of experience, and risk appetite. Please do your own research and due diligence on the services provided by online cryptocurrency exchange platforms.
FAQ
Similar guides
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