Missed out on the Notcoin wave? Or maybe you thought Notcoin’s farming method was too tiring or silly? Well, Detective’s got a treat for you today - a meme coin that could potentially bring you a 10x return soon: TONG. Recently, TONG has been on a tear on The Open League (TOL), and as a meme coin, it doesn’t require you to do anything. Just buy it with your TON on a DEX, and you’re good to go. Simple, right?
The iconic meme coins on Solana have been heating up the chain over the past few months. Well, this summer, TONG might just be picking up where Notcoin left off. Could we see a meme summer replicated on TON? Detective thinks it’s definitely something to look forward to. Sure, TON already has its fair share of meme coins, but TONG is unique. Its token design is FOMO and worry-free that it stands out from the crowd. It’s one of a kind in that respect.
With the top TON meme coin’s market cap at $90.8 million compared to Solana’s leading meme coin at $7.79 billion, TON’s meme market shows potential for explosive 10x to 100x growth, mirroring Solana’s meteoric rise.
So, what makes TONG so special? Let’s dive in:
First off, TONG’s token distribution is super transparent. All tokens are in circulation - no hiding or hoarding here. 30% went to the IDO (Initial DEX Offering), 30% for adding liquidity, and the remaining 40% for mining rewards on ston.fi, released over three years. Sounds fair, doesn’t it?
The best part? The project team doesn’t hold any tokens! This means they can’t suddenly dump a ton of tokens and crash the price. The market is completely driven by us regular investors.
About TONG’s liquidity pool (LP). This is where it gets me interesting. They’ve actually destroyed the private keys to the LP. What does this mean for you? Well, it means the liquidity is locked forever. You can buy and sell whenever you want without worrying about the liquidity suddenly disappearing.
This “black hole” effect makes TONG naturally deflationary. All those trading fees and farming rewards? They’re going into the LP address, never to be seen again. It’s like the supply is constantly shrinking, which could potentially drive up the price over time.
And for all you yield farmers out there, TONG’s got you covered too. Since the LP keys are destroyed, you can farm and sell your rewards without worrying about the project team dumping on you. It’s a win-win: you sell your rewards, which attracts more stakers, which makes the pool bigger and potentially increases the price. It’s like a never-ending cycle of goodness!
To sum it up, TONG is offering you a chance at those juicy Notcoin-level returns, but without all the hassle. No constant tapping, no silly games - just buy, hold, and watch. Of course, as with any investment, especially in the wild world of crypto, make sure you do your own research and only invest what you can afford to lose.
If you’re looking for the next big thing in the meme coin space, TONG might be your ticket to the moon. But anyway, always DYOR at first.
Important Disclaimers: All opinions expressed by DetectiveTON. This podcast is for informational purposes only and should not be construed as investment advice. DetectiveTON may hold positions in some of the projects discussed in the articles.