Sasha SquarePants posted his diagnosis for TON memecoins on X: almost all of them are dead, while the remaining ones survive on fake volume and pump-and-dump schemes. A strong take, especially from someone whose own TON experience was built on very similar market math.
TON memecoins may be dead. But the genre of “first monetize the hype, then moralize about the hype” is doing perfectly fine.










