DOGE and TON Coins Skyrocket: Wallet Growth Surpasses XRP, ADA, and More

• New data reveals a surge in cryptocurrency market activity, with Toncoin ($TON) and the meme-inspired cryptocurrency Dogecoin ($DOGE) showing surprising strength compared to established players including leading stablecoins and other altcoins such as XRP, LINK, and ADA.
• According to data shared by on-chain data aggregator Santiment, Dogecoin and Telegram’s TON have seen a significant rise in user adoption, as measured by the number of non-empty wallets, with TON seeing 110% growth, and DOGE seeing 27% growth over the past six months.
• TON, the native cryptocurrency of The Open Network blockchain, has surged over the last few months to become one of the largest cryptocurrencies by market capitalization, as it’s currently trading at $5.9, with a $20.4 billion market capitalization, surpassing Cardano.

New data suggests a surge in cryptocurrency market activity, with Toncoin and Dogecoin showing surprising strength compared to other established players. This article delves into the details of this development and its implications for the crypto market.

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