TON Memelandia Launches Memecoin Battles With $1.25M Prize Pool

October 24th, 2024  TON Memelandia is excited to announce the launch of its highly anticipated Memecoin Battles event, offering traders, token creators, and memecoin communities the chance to compete for a share of a massive $1,250,000 prize pool.

Kicking off the week of October 28th, 2024, this inaugural season will feature two thrilling competitions: Cabal Arena and Memecoin Mountain, each designed to engage participants in the dynamic memecoin market.

Cabal Arena And Memecoin Mountain

Developed by the TON Community and backed by the TON Foundation and TON Society, TON Memelandia empowers communities to create, collaborate, and compete through Telegram. Memecoin Battles will therefore unfold over four weeks, with applications currently open until one week before the competitions conclude.
In the Cabal Arena, various teams known as Cabals will face off by deploying and trading memes, striving to achieve the highest PnL (Profit and Loss) and trading volume. The top ten Cabals will share a substantial $750,000 in rewards. To enhance the competitive spirit, leading market makers will participate as secret agents, offering mentorship while testing the trading acumen of the Cabals.
Numerous memecoins will also compete in Memecoin Mountain based on key performance metrics, including trading volume, market capitalization, holder growth, and social engagement. Expected participants include popular tokens such as $DOGS, $REDO, $FISH, and $DUREV, alongside other contenders launching on TON. A milestone-based prize pool of $500,000 will be unlocked if the community achieves the highest trading volume across both battles, rewarding the most engaged members..

Blending Creativity And Community

Building on the success of previous competitions during the Open League, these battles represent a significant advancement in the memecoin trading landscape, according to Alena Shmalko, Ecosystem Lead at TON Foundation. Alena added that this competition not only blends creativity and community but also provides an exciting platform for experienced traders, token creators, and passionate communities to showcase their skills in friendly yet fierce battles for substantial cash prizes. The team eagerly anticipates what the ecosystem can achieve when the stakes are this high, Alena concluded.

About TON Memelandia
TON Memelandia is a premier platform in the memecoin space, providing engaging opportunities for traders, token creators, and communities to participate in high-stakes competitions and enhance the memecoin ecosystem on The Open Network (TON).

The Memecoin Battles offer fans a unique opportunity to demonstrate their trading prowess, with the added excitement of generous airdrops, live competitions, and significant rewards. However, there is some important information to know beforehand. Firstly, applications are open now and close one week before the competitions end. Secondly, competitions commence the week of October 28th, 2024. Next, Cabal Arena participants can submit entries here. Finally, Memecoin Mountain participants can apply through TONResearch.

For further information, visit the official website or connect with the team via Telegram and X (Twitter).

Press Contact:
Laura Guzik
PR Manager, TON
Email: laura@ton.org
Telegram: @lauragzk