The first week of MemeRepublic is officially over, and the results say a lot about how TON Ecosystem is helping to grow and shape the on-chain meme coin arena. It wasn’t just about crowning a winner in a community, but about a real-time stress test of what works, what doesn’t, and how quickly the system adapts.
UTYA Takes First Week With a Strong All-Around Performance
MemeRepublic’s first-ever winner is UTYA, which finished at the top across all metrics, including liquidity, volume, and market cap. Being the winner earned them a $100,000 reward, half of which is deployed as direct market purchases and half as liquidity provisioning.
For a competition that’s built entirely around measurable performance, UTYA’s success wasn’t accidental but something it earned through its utility and a long-term mission, allowing it to build an active community.
Anyone following the competition can also track the live leaderboard and current results directly through the MemeRepublic dashboard.
A Strong Presence From the Rest of the Leaderboard
One thing that’s clear from the first week is that while UTYA claimed the top spot, it wasn’t a runaway victory but rather a very tight competition. These are the tokens that ran UTYA close in the first week:
Both DOGS and REDO deserve a quick spotlight. In fact, DOGS held a significant trading activity throughout the week and almost overtook UTYA mid-cycle. In comparison, REDO showed strong community traction and liquidity as a first-week contender. This is going to make the second week even more exciting and intense!
What are UTYA, DOGS, and REDO?
UTYA is a community-driven movement dedicated to spreading joy and positivity through the iconic Telegram Duck Emoji. The duck emoji helps to bring people together and create meaningful connections.
DOGS is also another community-driven initiative that’s designed to leverage Telegram’s vast user base and native meme culture. It is created around a beloved dog mascot by Telegram’s founder and aims to introduce millions through tokenized stickers, fostering a fun and engaging ecosystem.
REDO, which serves as a “Resistance Dog,” symbolizes digital freedom and resistance against censorship. The token gained significant attention after TON community adopted its logo in support of Telegram founder Pavel Durov, triggering a major price surge.
MemeRepublic Dashboard and Participation Rules
Here are the MemeRepublic’s participation rules and eligibility:
- Most of the TON meme coins qualify, regardless of when they were launched.
- Meme coins need to ensure they have diversified holders, locked liquidity, active social media accounts, particularly on Telegram and X, and complete contact information on their bio.
- Coins found to have fake metrics, hidden contract functions, or to be engaged in any form of market manipulation will be instantly removed.
- Coins must have at least 100 unique holders and a minimum liquidity of $10k.
You can learn more about whether your coin qualifies on the official TON MemeRepublic rules page.
During the first week, the biggest plot twist wasn’t the winner, but it was the scoring overhaul. In the original formula, rewards were determined by liquidity, market cap, and volume.
While it’s a great way to test and challenge meme coins, it’s not for newcomers, as community members rightly pointed out. To ensure the competition isn’t giving established meme coins an unfair advantage, TON responded quickly and implemented some changes.
Starting immediately, the upgraded Formula 2.0 now includes the following:
- Price Growth: to reward real organic performance.
- Active Trading Wallets: to capture genuine user activity over manufactured volume.
Ecosystem Expansion Behind the Scenes: More Partners, Better Infrastructure
Alongside the formula upgrade, the first week also brought a noticeable expansion in the MemeRepublic ecosystem. New infrastructure teams, analytics providers, and tooling partners have joined the initiative, helping build a more reliable data layer. This is also helping to improve how the competition is being monitored and visualized.
This means that, despite being in its early stages, MemeRepublic is already showing signs of becoming a cultural and economic pillar in TON Ecosystem. While the leaderboard takes the spotlight, it is the behind-the-scenes growth that matters!
Aligning With Trading Economics: The 1% Trading Fee Standard
Another notable change has come from the trading side. TON Foundation has requested that all participating DEXs apply a consistent 1% fee to pools linked to the MemeRepublic competition.
While this standardization might seem small, it does a lot. Including:
- Helps to improve the liquidity depth.
- Balances the risk and reward for LPs.
- Aligns with incentives across whales, traders, and exchanges.
- Reduces volatility caused by hyper-short-term farming behavior.
The Early Signs of Week 2: A Shift in Trading Behavior
Even though Formula 2.0 has just rolled out, the second week is already showing signs of meaningful change. This is why the early data from the ongoing competition suggests:
- Trading is becoming more organic
- Wallet activity is rising
- New entrants in the space are showing stronger early performance
- Volume is healthier and less artificial
- Communities are adjusting strategies in real-time
In other words, the competition is already becoming more dynamic. Both traders and token teams are learning to play within the new scoring environment, as evidenced by the leadership board’s shift.
What the First Week Proved About MemeRepublic?
It’s evident that the first week didn’t determine a winner but rather validated the core idea behind MemeRepublic. It shows that transparent rewards and measurable performance fuel the on-chain competition, but it can also be fun, exciting, fair, and economically meaningful.
It also proved that TON Foundation is willing to:
- Listen to the community’s inputs
- Acknowledge the design flaws
- Update systems immediately based on community feedback
- Treat the competition as an evolving product, not a fixed one filled with flaws
In the Web3 space, the speed at which you can make changes matters more than getting everything perfect the first time.
Looking Ahead: What Week 2 and Beyond Aims to Bring!
The second week is already underway, and the new formula is shifting the scoreboard. By next Friday, we’ll have the following:
- Another $100,000 deployed
- A new winner
- More tokens entering the field
- Communities refining their trading strategies
- Ecosystem is continuing to add more partners and tools
True, MemeRepublic is still in its early chapters, but its foundation is getting clearer through its adaptiveness, transparency, and a level playing field that gives communities an authentic voice.
If the first week is any indication, the coming weeks won’t just be competitive, but they may start to influence how a meme coin ecosystem can operate when the rules are public and incentives are aligned.
Source: https://beincrypto.com/memerepublic-week1-utya-ton-competition/
