TON Rises 3% on Telegram Integration as PEPE Surges 18% on Social Media Trends

The TON and PEPE cryptocurrencies are navigating distinct market dynamics amid broader crypto sector shifts. TON, the native token of the Telegram Open Network, has seen sustained growth driven by Telegram’s expanded integration of TON-based services. As of July 23, TON traded at $3.4121, reflecting a 3% increase in the past 24 hours and a 25.6% rise over the last month. This uptrend follows the launch of an integrated TON wallet for 87 million U.S. users, which has enhanced adoption and liquidity [1]. Analysts highlight Telegram’s ecosystem expansion, including decentralized apps and payment solutions, as key factors solidifying TON’s market position [2]. Technical indicators suggest further upside potential if the token maintains support above $2.87, with a target of $5.30 cited by Ali Martinez [2].

In contrast, PEPE, a meme coin inspired by the Pepe the Frog meme, exhibits mixed performance. Recent volatility includes an 18% weekly price surge, fueled by renewed investor sentiment and social media trends, though it faced a 7% drop on July 21 after Pump.fun, a prominent meme coin platform, clarified no immediate airdrop [3]. As of July 23, PEPE’s price hovered between $0.00001227 and $0.00001521, reflecting a 49% increase over the past month [4]. A 300% spike in Google searches underscores growing public interest [4]. Lark Davis notes that PEPE’s rebound from a bullish trendline and its position above the 20-day EMA (yellow line) support a bullish outlook, contingent on sustained momentum and avoiding a MACD bearish crossover [2].

Market analysts emphasize the divergent fundamentals underpinning these assets. TON’s growth is tied to Telegram’s utility-driven infrastructure, leveraging its 200 million monthly active users to drive adoption. Conversely, PEPE’s value remains speculative, heavily influenced by social media sentiment and retail trading activity. The PEPE Fear and Greed Index, aggregating 10 algorithmic metrics, reveals mixed investor behavior, with optimism tempered by bearish corrections [6]. Predictive models from Mitrade project short-term fluctuations between $0.000006557 and $0.000009556, though market pessimism persists [7].

Broader market trends also shape these tokens. Meme coins, including PEPE and DOGE, collectively dropped 10.7% in the past 24 hours, reflecting caution as investors await clarity on U.S. debt and potential rate decisions [3]. TON’s hybrid model—combining utility with adoption—positions it differently from purely speculative assets. Analysts advise monitoring Telegram’s ecosystem developments for TON and tracking social media dynamics for PEPE, as both exemplify the interplay between institutional innovation and grassroots speculation in crypto markets [2].

Source:

[1] [Toncoin Extends Rally as Telegram Launches Integrated TON Wallet](https://cryptoadventure.com/toncoin-extends-rally-as-telegram-launches-integrated-ton-wallet-for-87m-u-s-users/)

[2] [Discover What Drives TON and PEPE Coins Today](https://en.coin-turk.com/discover-what-drives-ton-and-pepe-coins-today/)

[3] [DOGE, PEPE, PUMP Bleed As Pump.fun Confirms No Airdrop](https://decrypt.co/331536/doge-pepe-pump-bleed-as-pump-fun-confirms-no-airdrop-in-immediate-future)

[4] [PEPE Goes Viral with a 300% Spike in Google Searches](https://cryptodaily.co.uk/news-in-crypto/bitzo:pepe-goes-viral-with-a-300-spike-in-google-searches-whats-next-for-the-price)

[6] [Pepe Fear and Greed Index | Multiple Timeframes](https://cfgi.io/pepe-fear-greed-index/)

[7] [Pepe Coin Price Prediction: Is Little Pepe (LILPEPE) a Buy?](https://www.mitrade.com/au/insights/news/live-news/article-3-938633-20250707)

[8] [DOGE, PEPE, PUMP Bleed As Pump.fun Confirms No Airdrop](https://decrypt.co/331536/doge-pepe-pump-bleed-as-pump-fun-confirms-no-airdrop-in-immediate-future)