TONcoin (TON), backed by Telegram, has shown strong momentum this month, hitting a historic high of $5.6 on the 25th and becoming the 12th largest cryptocurrency by market value. This article will provide detailed instructions on how to set up a TON network wallet and assets, as well as the process of participating in popular projects.
Table of Contents:
Wallet and Asset Configuration
TON Wallet Preparation
TON Asset Transfer
Trading and Market Viewing
Project Launch and Participation Process
TON PET
TON Cats
COFE
Conclusion
Recently, TON surpassed $5, with a seven-day increase of 39%, jumping to 12th place in the cryptocurrency market by market value. Popular tokens on the TON network, such as FISH, have also seen a rise in value.
Recently, a series of popular tokens, including FISH, have started to be listed. This article will explain in detail how to set up a TON network wallet and assets, as well as the process of participating in popular projects.
The most common TON wallets include the following two types:
Tonkeeper: You can download it from the official X account and it supports iOS, Android, and desktop versions (including macOS, Windows, Linux).
Telegram built-in wallet: You can directly enter “wallet” in the search bar.
Currently, exchanges such as OKX, Bitget, and Gate support TON spot trading, but OKX and Bitget have temporarily suspended withdrawals. The opening time for withdrawals depends on the platform’s asset schedule. Users can pay attention to the withdrawal situation on each platform.
In addition, users can also transfer funds through cross-chain bridges, including the official cross-chain bridge (fee: 5 TON + 0.25% of the cross-chain token amount), third-party cross-chain bridges such as Layerswap (fee: $4), and RocketX (fee: $2).
The main DEX on the TON network is STON.fi, and the market browsing tool is geckoterminal.
This section is only for collecting and organizing project data for easy reference. It is not an endorsement of the project itself. Investors are advised to do their own research and invest with caution.
Project Background: Ton Fish is a social meme token on Telegram, with a current market value of $54.4 million. TPET (TON PET) is the second meme token issued by Fish and will be used in their social games. In addition, 10% of the fundraising funds will be used for the repurchase and burn of FISH.
End Time: March 26, 23:00 (UTC+8).
Fundraising and Valuation: Currently, 891,000 TON tokens have been raised (worth about $4.72 million), with an estimated initial market value of 2.5 million TON tokens (worth $13.25 million).
Token Economics: Total supply of 300 million tokens, with 108 million tokens (36%) allocated for pre-sale. 52.326 million tokens will be used for adding liquidity, and the remaining distribution is shown in the figure.
Operation Process: First, enter the TonRaffles website, then connect the wallet according to the process shown in the figure. Click “Connect Wallet” in the upper right corner, and the wallet options will pop up. Choose the wallet actually installed by the user (not limited to the wallets mentioned in the previous section). Taking the Telegram built-in wallet as an example, a pop-up window will appear and jump to Telegram. Choose “Confirm Connection” and then make the payment according to the planned amount.
Extended Reading:
Tutorial on Open Airdrop: Catizen Licking Cat Game, Play to Receive Ton Meme Tokens
Project Background: One of the more popular pre-sales, with support from some ecological communities, it is a pure meme with a zoo concept.
End Time: March 27, 01:00 (UTC+8).
Fundraising and Valuation: Currently, 452,000 TON tokens have been raised (worth about $2.4 million), with an estimated initial market value of 924,000 TON tokens (worth $4.9 million).
Token Economics: 49% is used for pre-sale, and the remaining distribution is shown in the figure.
Related Link:
https://tonraffles.app/jetton/fairlaunch/CATS/
COFE is also a popular TON ecological meme token in recent pre-sales. COFE adopts a lottery pre-sale format, with a pre-sale fund of 573,900 TON tokens, worth about $3 million. 50% of the tokens will be used for pre-sale distribution, and 50% will be used for adding liquidity. COFE has completed the pre-sale this morning and has not yet announced the opening time for trading. Investors can decide whether to participate in secondary trading based on the popularity of the project.
The rise of network tokens usually has a certain overflow effect on the ecological protocol, but whether to participate in investment still requires users to make decisions with caution.
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