Toncoin (TON) and Dogwifhat (WIF) are in the spotlight, having emerged as the best-performing altcoins since the start of the year ahead of other performing altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB).
Toncoin And WIF Lead The Way
Data from CoinMarketCap shows that Toncoin and WIF are the best-performing altcoins in the top 50 cryptocurrencies by market cap, boasting a year-to-date (YTD) gain of 207% and 1668%, respectively. Although behind TON and WIF, other altcoins like DOGE and SHIB have also made significant strides, boasting a YTD gain of 84% and 128%, respectively.
Toncoin and WIF’s dominance in the market has been due to several factors. On Toincoin’s part, it has received significant backing from Telegram. The messaging platform recently integrated TON payments, exposing the crypto token to its user base of over 900 million persons. Telegram had also previously announced an ad-sharing revenue program, with payouts solely going to be made in Toncoin.
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