Toncoin (TON) is gearing up for significant airdrops following the recent Dogs (DOGS) stress test this September. The Toncoin and Telegram communities eagerly anticipate the launch of Hamster Kombat and Citizen, among other game-related tokens.
Major airdrops on the horizon
Toncoin’s ecosystem will witness multiple high-profile airdrops this month, with the most notable event expected toward the end of September. The Hamster Kombat tap-to-earn game is scheduled to airdrop before September 26, with trading anticipated to commence shortly after that.
Catizen, a top game featuring Web2 elements and token farming, will launch its token on September 20. The project is securing trading platforms and awaiting a spot trading pair on OKX. Catizen aims to attract over 500,000 users who own and trade the CATI token.
The Lost Dogs project is poised for its listing this Thursday. This initiative combines an NFT collection with a mini-app connected to the Notcoin ecosystem and features daily challenges based on collectible cards.
Growing anticipation for community airdrops
The Toncoin ecosystem is also preparing for significant airdrops from leading Telegram communities. The MemeFi Club airdrop is scheduled for October 9, with the token community boasting over 15 million members.
Blum, a crypto community with over 21 million subscribers, has yet to announce a specific airdrop date but plans to launch in Q4. Tapswap, another large community with over 25 million subscribers, is also expected to roll out an airdrop soon, though an exact date has not been confirmed. Other notable airdrops will include Ton Station, Major of Telegram, Cats, X Empire, and Pocket Fi, all popular for their idle gameplay and challenges.
Toncoin’s expansion through token launches
Token launches have become a crucial growth driver for the Toncoin ecosystem, which recently surpassed 1.1 million daily active users. As of September 7, Toncoin’s network activity peaked, with new tokens contributing to this growth. Toncoin holders have doubled since June, with over 60.9 million owners of ‘jettons,’ Toncoin’s native token standard.
The Toncoin ecosystem, valued at $14.8 billion, has a small market capitalization relative to its peers, with TON accounting for $13.1 billion. The network’s second-largest asset, Notcoin (NOT), has yet to reach a $1 billion market cap.
With the launch of more tokens, the Toncoin ecosystem is expected to expand further. The recent DOGS token launched just days ago, maintains a market cap of over $500 million while trading at $0.001. The Toncoin network generates daily fees above $150,000, though it incurs expenses exceeding $300,000 daily. Validator incentives remain the network’s primary expense, with $3.53 million in monthly revenue from fees and $10.5 million in validator incentives, according to Token Terminal data.
Toncoin’s recent price recovery to $5.20 from a low of $4.80 has renewed interest in its ecosystem. The network’s expanding ecosystem and ongoing airdrops are expected to drive further growth and engagement in the coming months.