TON Memelandia Unleashes a High-Stakes $1.25M Memecoin Battle Series with Intense Competitions and Community Rewards
In Brief
TON Memelandia announces Memecoin Battles, offering traders, developers, and communities a $1.25 million prize pool for four weeks, featuring events like Cabal Arena and Memecoin Mountain.
The Memecoin Battles, TON Memelandia’s new project, has been officially disclosed. It gives traders, token developers, and memecoin communities the opportunity to battle for part of the $1.25 million prize pool. The tournament will run for four weeks, and is planned to begin the week of October 28, 2024. It will include two main events—Cabal Arena and Memecoin Mountain—that are intended to bring attention to and recognize the best talent in the memecoin market.
With Telegram as its main platform, TON Memelandia, supported by the TON Foundation and TON Society, seeks to create active, competitive communities on TON. Both experienced market players and newbies are invited to demonstrate their abilities, inventiveness, and participation in this new competition.
Cabal Arena: Win $750,000 in High-Stakes Prizes
Trading teams, or “Cabals,” compete in a thrilling battle in the Cabal Arena. By deploying and trading memecoins, teams will compete for large returns with the goal of dominating trade volume and PnL. The top 10 Cabals will split a reward fund of up to $750,000, and “secret agents”—premier market makers from the Web3 space—will enter the fray to offer guidance and bolster competitiveness. Due to overwhelming demand, spots for the Cabal Arena are filling up rapidly, so participants can sign up today.
Memecoin Mountain: The Greatest Battle of Well-Known Memecoins
The battle in Memecoin Mountain moves to community involvement and token metrics. Market capitalization, increase in holdings, trading volume, and social engagement are important competitive measures. Prominent coins, including $DOGS, $REDO, $FISH, and $durev, are already anticipated participants, and more are predicted to join the competition.
When trading volume hits a certain milestone, a larger prize pool unlocks, up to a maximum of $500,000 for this competition. This amount will be airdropped to the most active traders, holders, and promoters of the participating memecoins. The prizes will go to the best-performing communities, which is a big chance for active members to gain. To guarantee a place in the competition, interested memecoins can apply via TONResearch.
An Expanding Memecoin Environment
The Memecoin Battles are an important step in developing the memecoin ecosystem on TON, building on the success of earlier contests hosted during TON’s Open League. The TON Foundation’s Ecosystem Lead, Alena Shmalko, highlighted the competition’s special fusion of community and creativity by saying:
“We’re offering an interesting platform where seasoned traders, token developers, and enthusiastic communities can come together to exhibit their abilities and compete amicably but fiercely for large cash rewards by establishing a tournament that blends innovation and community. When the stakes are this high, we’re eager to see what our ecosystem can do.
For memecoin lovers, traders, and creators, this most recent competition provides a unique opportunity to expand their reach, foster a sense of community, and possibly win substantial prizes. Throughout the tournament, spectators and competitors will also have access to live updates, unique airdrops, and community interaction events.
How to Participate in Memecoin Contests
Applications for Memecoin Mountain and Cabal Arena are now being accepted, and will be shut one week before to the competition’s conclusion. Memecoins for Memecoin Mountain will apply via TONResearch, while Cabal Arena competitors will register using TON’s dedicated portal once the competition itself begins in the last week of October 2024.
For those wishing to venture into the fascinating realm of memecoins, TON Memelandia’s Memecoin Battles provide an unrivaled chance to demonstrate abilities and vie for the biggest prizes in the constantly changing Web3 universe.
Disclaimer
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About The Author
Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.
More articlesVictoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.