Every so often, the crypto market takes a detour from fundamentals and drives straight into meme-fueled mayhem—and today was one of those days. With MASK swinging nearly 20% and Telegram tokens making noise, it's time to dig into what’s really moving the market.
• Meme and social narrative coins outperformed assets with strong fundamentals.
• Telegram-native token ecosystem on the rise alongside TON blockchain adoption.
• Privacy coins took a hit amid increased chatter about upcoming EU regulations.
• Institutional Dex and trading tokens like SPX and BTSE quietly gaining traction.
• Liquidity rotation and whale reallocation reshaping on-chain volume profiles.
If there's one lesson crypto markets never tire of teaching, it’s this: underestimate meme-driven coins at your peril. MASK surged 20.21% in the last 24 hours, topping the list of gainers with a rally powered largely by social narratives and deep-pocketed whales re-entering liquidity pools.
MASK, short for Mask Network, has been inching toward greater relevance since its integration with X (formerly Twitter) gained traction among Web3 native users. With digital identity back in hot discussion—especially after Vitalik Buterin's posts about decentralized social media last week—MASK is riding the zeitgeist hard and fast.
ZBCN (up 18.79%) is the latest in a wave of small-cap tokens built on the TON blockchain, and it's benefitting from a frenzy of interest brewing in Telegram-centric projects. With the TON token itself popping 13.57% and achieving its highest social mentions in months, we’re seeing retail-driven speculation booming around apps embedded within Telegram’s native crypto layers.
The excitement is not without some substance: Telegram just announced it surpassed 900 million monthly active users, giving any crypto project within its ecosystem an immediate megaphone. Expect to see even more activity as TON-native gaming and tipping bots go viral.
Down at the bottom of the leaderboard, privacy stalwart Monero (XMR) shed 10.6%. It’s not a coincidence that traders are rotating out after fresh rumors surfaced about a possible EU-driven clampdown on untraceable digital assets. Add in whispers of delistings from smaller exchanges and it paints a sour backdrop for XMR bulls. Similarly, Helium (HNT) dropped 10.2%, likely due to waning user growth metrics and decreased DePIN (decentralized physical infrastructure networks) engagement for Q2.
Privacy isn’t dead—but it’s definitely having a bad day in the sun. Meanwhile, meme and message-based beta plays are thriving on attention economics.
SPX (up 12.10%) and BTSE (up 7.46%) are both mid-cap tokens with exposure to institutional trading platforms and newer structured products. SPX benefited from a Coinbase institutional newsletter citing it as a low-beta hedge during meme coin volatility. BTSE, for its part, is gaining traction after expanding its staking rewards and announcing a new DeFi bridge targeting Asia-based liquidity providers.
Interestingly, both coins are getting mentioned more frequently in the r/CryptoCurrency Daily Discussion threads, which historically precedes small but measurable inflows from retail investors. It's no Binance bonanza, but it's meaningful nonetheless.
On Twitter (X), the ongoing debate about Telegram-as-the-new-browser gained momentum. A viral poll by crypto influencer CryptoCapybara (184k followers) showed 67% of users believe decentralized telegram-native apps will dominate early-stage DeFi onboarding by 2026. That's music to the ears of TON and ZBCN holders.
Elsewhere, NFT influencer threads about MASK’s role in the “Twitter to Token” pipeline drew micro-influencer amplification, giving MASK a headline boost. Engagement retweets for MASK content jumped 56% week over week, a massive indicator for follow-on volume in microcaps.
Liquidity deepening is back... at least in pockets of winners. MASK saw a 38% increase in on-chain volume, with a particularly notable buy-side spike on OKX and Bybit. ZBCN had a sudden 112 ETH inflow from a wallet previously tied to TONICO CEX, sparking speculation of inside support. Meanwhile, the losers—XMR, HNT, and CHEX—are showing thinner books and more outsized slippage, suggesting exit liquidity is a real concern if sentiment worsens.
For those tracking the health of alt volatility, today’s dispersion between top gainers and losers was 30.1%, a healthy spread that suggests selective interest rather than full-blown rotation.
This market feels like a digital masquerade: MASK tokens leading the dance, Telegram playing the DJ, and whales slipping in through the side door with meme-themed punch cards. In the background, privacy stalwarts clutch their trench coats waiting for regulatory thunderclouds to pass.
It’s a weird but fascinating blend of social, speculative, and infrastructural drivers. If today proves anything, it’s that crypto thrives at the intersection of virality and velocity. Stay agile—and keep an eye on those Telegram bots.
If there's one lesson crypto markets never tire of teaching, it’s this: underestimate meme-driven coins at your peril. MASK surged 20.21% in the last 24 hours, topping the list of gainers with a rally powered largely by social narratives and deep-pocketed whales re-entering liquidity pools.
MASK, short for Mask Network, has been inching toward greater relevance since its integration with X (formerly Twitter) gained traction among Web3 native users. With digital identity back in hot discussion—especially after Vitalik Buterin's posts about decentralized social media last week—MASK is riding the zeitgeist hard and fast.
ZBCN (up 18.79%) is the latest in a wave of small-cap tokens built on the TON blockchain, and it's benefitting from a frenzy of interest brewing in Telegram-centric projects. With the TON token itself popping 13.57% and achieving its highest social mentions in months, we’re seeing retail-driven speculation booming around apps embedded within Telegram’s native crypto layers.
The excitement is not without some substance: Telegram just announced it surpassed 900 million monthly active users, giving any crypto project within its ecosystem an immediate megaphone. Expect to see even more activity as TON-native gaming and tipping bots go viral.
Down at the bottom of the leaderboard, privacy stalwart Monero (XMR) shed 10.6%. It’s not a coincidence that traders are rotating out after fresh rumors surfaced about a possible EU-driven clampdown on untraceable digital assets. Add in whispers of delistings from smaller exchanges and it paints a sour backdrop for XMR bulls. Similarly, Helium (HNT) dropped 10.2%, likely due to waning user growth metrics and decreased DePIN (decentralized physical infrastructure networks) engagement for Q2.
Privacy isn’t dead—but it’s definitely having a bad day in the sun. Meanwhile, meme and message-based beta plays are thriving on attention economics.
SPX (up 12.10%) and BTSE (up 7.46%) are both mid-cap tokens with exposure to institutional trading platforms and newer structured products. SPX benefited from a Coinbase institutional newsletter citing it as a low-beta hedge during meme coin volatility. BTSE, for its part, is gaining traction after expanding its staking rewards and announcing a new DeFi bridge targeting Asia-based liquidity providers.
Interestingly, both coins are getting mentioned more frequently in the r/CryptoCurrency Daily Discussion threads, which historically precedes small but measurable inflows from retail investors. It's no Binance bonanza, but it's meaningful nonetheless.
On Twitter (X), the ongoing debate about Telegram-as-the-new-browser gained momentum. A viral poll by crypto influencer CryptoCapybara (184k followers) showed 67% of users believe decentralized telegram-native apps will dominate early-stage DeFi onboarding by 2026. That's music to the ears of TON and ZBCN holders.
Elsewhere, NFT influencer threads about MASK’s role in the “Twitter to Token” pipeline drew micro-influencer amplification, giving MASK a headline boost. Engagement retweets for MASK content jumped 56% week over week, a massive indicator for follow-on volume in microcaps.
Liquidity deepening is back... at least in pockets of winners. MASK saw a 38% increase in on-chain volume, with a particularly notable buy-side spike on OKX and Bybit. ZBCN had a sudden 112 ETH inflow from a wallet previously tied to TONICO CEX, sparking speculation of inside support. Meanwhile, the losers—XMR, HNT, and CHEX—are showing thinner books and more outsized slippage, suggesting exit liquidity is a real concern if sentiment worsens.
For those tracking the health of alt volatility, today’s dispersion between top gainers and losers was 30.1%, a healthy spread that suggests selective interest rather than full-blown rotation.
This market feels like a digital masquerade: MASK tokens leading the dance, Telegram playing the DJ, and whales slipping in through the side door with meme-themed punch cards. In the background, privacy stalwarts clutch their trench coats waiting for regulatory thunderclouds to pass.
It’s a weird but fascinating blend of social, speculative, and infrastructural drivers. If today proves anything, it’s that crypto thrives at the intersection of virality and velocity. Stay agile—and keep an eye on those Telegram bots.
MASK’s 20% surge stands out in a sideways market, reigniting the debate on decentralized social identities. ZBCN and TON’s gains suggest Telegram may become the next on-ramp for retail DeFi. Meanwhile, privacy coin pioneers face a new wave of regulatory headwinds.
Don’t just follow the green candles—watch where the buzz is brewing. Social sentiment, especially on growing platforms like Telegram and niche Twitter threads, can foretell the next 10x narrative before on-chain volume confirms the move.
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