The 3 best Blockchain memecoins

The main memecoins are: Resistance Dog ($REDO), TON Fish Memecoin ($FISH), and tokenResistance Cat ($RECA).

Memecoins distributed on The Open Network (TON) have seen a surge recently, despite the broader stagnation in the cryptocurrency market. According to Coingecko, the top three memecoins by market capitalization have increased by 50% in the last seven days, reaching a total market capitalization of $160 millionNo.

Let’s take a closer look at the top three memecoins in this category.

1. Resistance Dog ($REDO)

Resistance Dog ($REDO) symbolizes the fight against censorship and defends digital freedom. This token pays homage to Pavel Durov, founder of TON and Telegram.

Created in 2018, $REDO aims to build a robust decentralized community on the front lines of digital resistance.

Image: Resistance Dog

Key Highlights:

• Community: The $REDO community aligns with Pavel Durov’s vision of challenging regimes and supporting decentralization through memes.

• Growth: $REDO focuses on maximizing TON adoption by integrating like-minded individuals.

• Volume and market capitalization: The most active trading pair, REDO/TON, is on STON[dot]fi, with a 24-hour trading volume of $5,506,426. The market capitalization stands at $119.15 million, at the time of writing.

Image: The cat of the Resistance

The Resistance Dog team describes their mission as creating a holistic community dedicated to the cause of digital freedom. Their logo serves as Telegram’s unofficial mascot, symbolizing the ongoing battle against censorship by governments and multinational corporations.

2. Memecoin Fish TON ($FISH)

TON Fish ($FISH) would be Telegram’s first social meme token on the TON blockchain.

Key Highlights:

• NFT Collections: TON Fish introduces two distinct NFT collections: the TON Rock Collection, the first on-chain rock NFTs from the TON blockchain, and the TON Fish Box Collection, a set of 9,999 NFTs.

• Market capitalization: At the time of writing the memecoin is worth $24.8 million.

• Circulating supply: 300 trillion FISH tokens.

• Trading volume: About 1.1 million dollars a day.

Image: Ton of fish

TON Fish’s NFT collections add tangible value, allowing users to interact with the TON ecosystem.

3. Cat of the Resistance ($RECA)

Resistance Cat ($RECA) represents resilience and innovation within the TON ecosystem. This concept is designed to embody trust and security in the TON chain.

Important components:

• Wallet tracker: The Resistance Cat ecosystem includes a portfolio tracker on TonChain with whale alerts.

• Trading bot: Also offers a Telegram trading bot for trading on Tonchain.

• NFTs and revenue sharing: The NFT Resistance Cat Collection features hand-drawn NFTs, with 35% of trading bot fees shared among NFT holders.

Tokenomics:

• Initial Liquidity: 88%

• Marketing and CEX: 6%

• Buybacks and burns, giveaways, partnerships and airdrops: 6%

Resistance Cat aims to establish a strong social presence and collaborate with influencers to raise awareness about TON Chain. RECA is trading at $0.6901, with a market of $5.5 million.

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