What is Memecoin Mountain?
Memecoin Mountain is a four-week competition where TON memecoin communities battle to showcase the best performance and earn large airdrops and other prizes. The performance of each memecoin is tracked on a leaderboard, factoring in trading volume, market cap, holder growth, community engagement, and more. Memecoins are divided into Major and Minor Leagues based on their market cap.
Who Can Participate?
- Memecoins must meet these criteria to compete:
- Be listed on CoinGecko as a TON Meme coin. If you applied for listing, use the form on https://docs.google.com/forms/d/e/1FAIpQLSc9YPysluEQ6f_5luFnGM4je13erijwVg3Fa1UPclBiN2sklA/viewform to accelerate the process.
- Market cap of over $250,000.
- Average daily trading volume of over $5,000 for the 7 days before applying.
- Unique token holders exceeding 1,000.
- Must be fairly launched.
Applicants are categorized into the Major League (market cap > $1M) or Minor League ($250k to $1M).
- Traders & Whales
- Key Opinion Leaders (KOLs)
How Are the Results Calculated?
Memecoins are ranked on the leaderboard based on on-chain and off-chain metrics:
- Trading Volume and Market Cap: How much trading activity the memecoin generates and how its trading volume compares to its market cap.
- Holder Growth & Diamond Hands: Growth in the number of token holders and the percentage of wallets that hold the token continuously.
- Community Engagement: The off-chain community engagement of the memecoin project, measured on platforms like Twitter.
For more details and calculations, visit the leaderboard formula here: [link to the formula].
How Is the Reward Pool Distributed?
There are three types of rewards:
- Community Airdrops
- Liquidity Injection (Minor League only): Injection of liquidity into the token’s pool on a decentralized exchange.
- Marketing Prizes: Major League winners will receive a Key Opinion Leader (KOL) boost and Telegram Ads credits.
The reward pool is milestone-based, growing as the total trading volume across all memecoins increases:
- $200 million total trading volume: $150k in rewards
- $400 million total trading volume: $250k in rewards
- $600 million total trading volume: $400k in rewards
- $800 million total trading volume: $500k in rewards
In addition to trading, community airdrops will be awarded to holders, active traders, and memecoin promoters with high social engagement scores. Marketing prizes are distributed regardless of the total trading volume.
How to Apply?
Memecoins should apply directly on TON Research in the dedicated subcategory called “Memecoin Mountain” under the main TON Memelandia category.
To apply:
- Visit Memecoin Mountain - TON Research.
- Create a new topic in the Memecoin Mountain subcategory.
- Fill out the provided form in your topic, including all the necessary details about your memecoin.
Our team will review all submissions, and accepted memecoins will be invited to the TON Memelandia GANG (a secret chat for TON memecoins) and added to the leaderboard.
Applications will close 7 days before the end of the competition.
Disclaimer & Support
The details of this competition may change at any time. For registration issues, please contact @tonmemelandia2024 on Telegram.
Read More
For further details, please visit the blog post here: TON Memelandia Launches $1.25M Memecoin Battles.