TON distributes $2.2 million to meme coin traders during Toncoin’s record high

Meme coin traders who made transactions on DeDust and Ston.fi between March 4 and April 10 were eligible for the airdrop. Users also had to trade whitelisted meme coins on the network to amass points, a fast-rising reward system.

Before the airdrop announcement, Toncoin broke its all-time high (ATH) yet again as its price increased over 14% in 24 hours, reaching $7.65 per token. However, following the news, TON retraced 5%, falling to $7.22.