Avacoin has quickly become one of the most popular Telegram applications in recent weeks, with a growing number of users.
The data on Avacoin’s Telegram-based application is a testament to its popularity and potential. The number of users has skyrocketed to over 6.4 million, with a staggering 2.39 million daily users. This trend is not only continuing but also growing. Additionally, the platform boasts over 545k X (Twitter) followers, further solidifying its position as one of the highly popular platforms.
At the same time, the number of users staking the AVACN token has jumped to over 73k, and the TVL has surged to over 160 million tokens. Stakers receive an APR of up to 903%.
Avacoin stands out from other Telegram tokens with its innovative approach to token generation. Unlike tap-to-earn platforms like TapSwap and Hamster Combat, Avacoin users earn tokens through active participation in games and predictions, making the platform not just a cryptocurrency tool but also an engaging and interactive experience.
For example, users are predicting the ongoing Euro matches and winning rewards. Predicting the correct outcome of the march earns users 10,000 AVCN tokens. Avacoin users can also make tokens by participating in tasks like following it on social media. It also has a page that refers users to other Telegram gaming platforms.
Avacoin is now in its growth phase as it continues to onboard users on its platform. This phase usually lasts several months as the developers build scale and tasks in the network.
After this, Avacoin will launch its airdrop and list the tokens on major exchanges like OKX and Binance. Holders will then have the freedom to continue holding the token or sell it for a profit.
Most people use a hybrid approach. They sell some of their received tokens after the airdrop and then hold the rest. The initial selling is aimed at profit while holding the rest is a bet on its future since it could go parabolic.
The best example of this is Notcoin, which recently had an airdrop. After the airdrop, its token initially surged to a high of $0.027 and then crashed to $0.0045. It then surged and reached an all-time high of $0.030 within a few days. That price action benefited people who followed the hybrid approach.
Avacoin’s growth is more evidence of the growing role of Telegram and the TON Blockchain. Telegram has over 900 million users, while TON has gained almost $1 billion in total value-locked.
