TON Memelandia Announces Memecoin Battles With a $1.25 Million Prize Pool

October 24th, 2024 -- TON Memelandia announced the launch of its Memecoin Battles, where traders, token creators, and memecoin communities will

TON Memelandia, a Telegram-based community platform for memecoin enthusiasts, has announced the launch of its Memecoin Battles, a two-pronged competition offering a potential prize pool of $1,250,000. The initiative will see traders, token creators, and memecoin communities vying for top positions in two engaging battles.

Set to commence on October 28th, 2024, the Memecoin Battles will unfold over four weeks, inviting applications up to one week before the competition's conclusion. The initiative is designed to engage and reward participants in the burgeoning world of memecoins.

The Cabal Arena, a Team Battle for Memecoin Trading Supremacy

Within the Cabal Arena, teams, known as "Cabals," will engage in deploying and trading memes to achieve the highest profit and loss (PnL) and trading volume. The top 10 highest-ranked Cabals will share rewards up to $750,000.

To heighten the challenge and provide valuable guidance, some of the world's leading Web3 market makers will participate as "secret agents," offering mentorship and putting the Cabals' trading skills to the test.

Those interested in joining the Cabal Arena battle can register here.

Memecoin Mountain: A Battle of the Tokens, Driven by Performance

This competition will see memecoins compete based on crucial performance metrics, including trading volume, market capitalization, holder growth, and social engagement. Among the anticipated participants are renowned tokens like $DOGS, $REDO, $FISH, and $durev, with potential contenders deploying on TON also set to join the battle.

Upon completion, a $500,000 milestone-based prize pool will be distributed among the community's most engaged members if the community achieves the highest trading volume milestone across both battles.

Memecoins interested in participating can submit their applications through TONResearch.

“Continuing from the previous competitions we held during the Open League, these battles mark a major step in the evolution of memecoin trading,” said Alena Shmalko, Ecosystem Lead at TON Foundation.

"By combining creativity and community in a competitive setting, we're creating a platform for veteran traders, token creators, and passionate communities to showcase their skills in friendly, yet fierce battles for big cash prizes. We're excited to see what our ecosystem can achieve when the stakes are at their highest.”

These Memecoin Battles present an exceptional opportunity for fans to showcase their talents, promising generous airdrops, live competition, and substantial rewards.