TON's surge stemmed from messaging giant Telegram's involvement, while KAS benefitted from sentiment around its technology stack.
BRETT, a memecoin native to the Base Chain and inspired by the character of Brett from Boys' Club comic series, more than doubled to 15 cents, becoming the best-performing digital asset among the top 100 coins by market value, according to data tracked by TradingView and, the native cryptocurrency of The Open Network , a decentralized, layer-1 network popularly known as the TON blockchain, rose 42% to $7.65 and Kaspa blockchain's KAS surged over 35%.
Hearn added that SwissOne's Top 50 smart passive index fund holds six of the largest meme coins in its portfolio following this quarter's rebalance.TON's surge stemmed from its involvement in the cloud-based mobile and desktop messaging app Telegram, which boasts 1.56 billion users worldwide and 800 million active users.
"Other significant catalysts include the launch of USDT on TON, with approximately $550 million USDT currently on the network, positioning it for payments, a key feature of WeChat," Talati added, noting Pantera's recent"largest investment ever" in TON.Per Hearns, KAS's parent proof-of-work blockchain, Kaspa's attempts to solve the blockchain trilemma helped the token grab investor attention.
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