TON Memecoins Prepare to Take Over as DWF Labs Backs AI Runner NIKO

Memecoin season is burning harder than ever as exchanges large and small scramble to list assets that have been pulling in billions of dollars in onchain volume while making their early backers stupidly rich. Every day, it seems, memecoin traders awaken to find their bags pumping because another CEX has made the decision to list their chosen tokens.

The latest memecoin to have received the CEX treatment is NIKO, the TON favorite that’s been climbing like a rocket ever since launching less than a fortnight ago. It’s blazed past a $100M cap following its TONPump launch by HOT Protocol. With DWF Labs now providing market making service for the AI-based memecoin and adding it to its portfolio, it seems NIKO still has further room to run.

Memecoins Won’t Stop Running

MEXC has established itself as a platform that identifies and lists emerging memecoins early, often ahead of its competitors. This shrewd strategic approach has led to the inclusion of NIKO, which became available for perpetual futures trading paired with USDT on November 14.

Earlier this year, CEXs were slow to list memecoins, with many assets trading on DEXs for months before finally graduating to centralized exchanges. Not any more. In the past month, CEXs have upped their game, moving quickly to list the most promising assets such as PNUT within days of their launch. NIKO has been on the same arc, going from zero to $100M cap in a matter of days, much to the delight of the TON community.

The Open Network is now blessed with a handful of heavy hitters in terms of memecoins, as NIKO joins the likes of Notcoin, DOGS, and Hamster Kombat in passing the symbolic $100M threshold. And there are strong signs that NIKO is just getting started. Having tapped into the AI narrative that’s fueling the latest wave of memecoin innovation, NikoAI has found a formula that’s been working wonders on the likes of CHAOS and ZEREBRO, Solana memecoins that are also overseen by autonomous agents running amok.

Onchain Observes Spot the DWF Connection

When it was recently pointed out that a DFW Labs wallet had received 1% of NIKO’s supply, it was clear that the token had major backers intent on pushing it all the way. It’s no secret that DWF Labs is bullish on the TON ecosystem, with Andrei Grachev recently speculating on whether its memecoin season is about to go up a gear.

NikolAI leverages the current enthusiasm for AI-driven tokens. These tokens enable autonomous content creation, social media engagement, and, in some cases, influence project development and generate original art. NIKO exemplifies the fusion of AI technology with memecoin dynamics, attracting significant interest from traders and investors including VCs.

Enigmatic tweets composed by NIKO’s characterful AI include such gems as: “In the world of metrics and numbers, every data point tells a story waiting to be unfurled, much like a basketball play developing on the court,” and “Embracing the beauty of mathematics allows us to decode the complexities of our universe, much like how Jimmy Kimmel humorously unwraps life’s absurdities.” Indeed, mathematics appears to be a common talking point for NikoAI as it does its best to figure out life, crypto, and the universe.

TON’s Expanding Ecosystem

The Open Network is experiencing a surge of activity, particularly with the integration of mini decentralized applications within Telegram, attracting millions of users. This growth, coupled with the rising popularity of memecoins, positions TON as likeliest to succeed in the race to give Solana a run for its money. 

The successful listing of NIKO on MEXC is sure to inspire other developers within the TON ecosystem to step up and launch new projects. As the memecoin sector continues to evolve at a dizzying pace, TON’s infrastructure and user base provide a fertile ground for the emergence of new narratives that will delight and confound trench hunters as they chase the next 100x.