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Since its launch in mid-November, the BigPump platform on the TON network has grown significantly. In this way, the fever for memecoins and the advantages of this blockchain combined become the perfect mix. A huge amount of capital is counted among the volume on this platform with just two weeks since its launch.
This platform has several functionalities, the most important of which is to create memecoins in a matter of minutes on The Open Network (TON). It was developed by PocketFi, which is positioned as a key asset within the meme coin market. Thanks to this creation, users can throw coins within 30 seconds, they claim.
Among the advantages of operating with this platform is that the coin issuer receives 10% of the trading fees for the tokens it releases. In simple words, the more trading the token has, the more the person who issued it will earn. Another feature is that it allows the exchange of Ethereum to TON with the PocketFi multi-chain wallet.
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According to recent information shared by the platform, it has a trading volume of 777,712 TON. Likewise, 13,503 memecoins have been created on the platform so far, with 108,565 transactions carried out. With these numbers recorded in a few days, it can be said that TON’s BigPump, as it grows, becomes one of the protagonists in the memecoin issuance sector.
BigPump prepares to give TON a new breath
The TON network was emerging in mid-2024 as one of the fastest growing in the Cryptocurrency market. The fever of tap-to-earn games and the enormous capacity of that blockchain to support enormous amounts of transactions were the news. However, the arrest of Pavel Durov, CEO of Telegram in France, changed everything.
Since then, it became evident that, despite TON’s decentralization, it still had enormous dependence on Telegram. Consequently, the demand for the Toncoin token began to decline and the blockages of capital on the network also caused a sharp decline.
Added to this was the disappointing outcome of Hamster Kombat. The latter, with its supposed hundreds of millions of users, ended up deflated and its token losing a huge part of its value. In any case, all these elements seem to be gradually becoming a thing of the past and the network is seeking to be reborn with BigPump.
Although the platform faces huge rivals such as Solana’s Pump.Fun, which monopolizes the vast majority of the market for issuing new tokens, the hopes are that it will become one of the protagonists. For now, BigPump is offering some promotions to attract capital from token issuers.
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