# Community Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Community", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Recalling 10 Little-Known Key Contributions of the Early TON Core Team

Despite TON Foundation being widely recognized, the early contributions of the NEWTON team—TON's core developers—are less known. As an early member, Dr. Awesome Doge recounts their pivotal role in maintaining TON testnet2 and enhancing developer tools before Telegram’s official endorsement in 2021, marking a historic community-led takeover. Key contributions include: 1. **mytonctrl**: An automated node management tool for validator setup, wallet creation, and DNS registration. 2. **tonmon**: A monitoring tool for blockchain health, tracking metrics like block time and validator status. 3. **tonmine**: A system to monitor Giver contracts, which distributed ~200,000 $TON daily. 4. **Cross-chain bridge**: Enabled transfers between TON, Ethereum, and BSC before jetton standards existed. 5. **cryptobot**: An early Telegram wallet supporting multiple cryptocurrencies. 6. **toncenter**: A public API simplifying blockchain data access for developers. 7. **explorer.toncoin.org**: TON’s first technical blockchain explorer. 8. **ton.sh**: A user-friendly blockchain explorer focusing on wallet balances and transaction memos. 9. **TonWeb**: A JavaScript SDK to simplify interactions with TON’s complex smart contract languages. 10. **ton wallet**: An early functional wallet that remains operational. In June 2021, NEWTON’s public letter to Telegram led to official recognition and GitHub access, catalyzing TON’s growth. These foundational efforts underscore the team’s belief in TON’s potential, now realized through its expanding ecosystem and developer community.

marsbit03/15 02:18

Recalling 10 Little-Known Key Contributions of the Early TON Core Team

marsbit03/15 02:18

The Fall of Crypto Actually Has Little to Do with Scamming Retail Investors

The decline of Crypto is not primarily due to "scamming retail investors," but stems from deeper structural issues, according to a seasoned Crypto OG. Key problems include: 1. **Misunderstanding of Bitcoin’s Whitepaper**: The core concept is not "decentralization" (a term absent in the whitepaper) but "distributed trust architecture" — eliminating the need for trusted third parties. Many projects fail to achieve even basic distributed systems while overusing decentralized rhetoric. 2. **Loss of Incremental Users**: Grand narratives (Web3, Metaverse, GameFi, etc.) have oversold the technology’s capabilities, leading to repeated user disappointment and eroded trust. The market now suffers from a lack of new participants. 3. **Erosion of Community Belief**: Many communities engage in "narrative engineering" — using complex jargon to attract new users while insiders anticipate selling at peaks. This creates a cycle of hype, pump, and dump, damaging overall market credibility. 4. **Premature Financialization**: Crypto prioritized token launches and financialization before establishing robust infrastructure or mature applications. This led to overvaluation and repeated failures when technology couldn’t support inflated prices. 5. **Shift in Attention**: Human attention is moving from social and community interactions (like Telegram and Discord) toward AI-driven engagement. As an attention-dependent market, Crypto is naturally declining as interest wanes. The OG concludes that while Crypto isn’t dead, its current narrative has ended. The real tragedy is exhausting two decades of storytelling in just three years, before the underlying technology was ready. Scams are inevitable in markets, but the absence of new believers is fatal.

比推03/12 18:31

The Fall of Crypto Actually Has Little to Do with Scamming Retail Investors

比推03/12 18:31

Meme Watchlist: Who's Cultivating Real Fans, Who's Inflating Data

The article "Meme Watchlist: Who's Building Real Communities vs. Who's Inflating Metrics" analyzes the memecoin sector, arguing that memecoins have achieved product-market fit as a form of crypto "gaming" driven by speculation, social interaction, and risk-reward dynamics. The report focuses on five memecoins—BONK, PEPE, SPX6900, PENGU, and USELESS—selected based on criteria including liquidity, global audience, cultural relevance, historical volatility, transparent on-chain data, and high beta correlation to Bitcoin. Key on-chain metrics are analyzed to assess holder conviction and staying power: - **Total Holders:** BONK leads with 985.9K, followed by PENGU (534.1K) and PEPE (505.7K). - **Small Holders (<$100):** BONK, PENGU, and PEPE show mature bases, while SPX6900 has a smaller but more dedicated community. - **Larger Holders:** SPX6900 demonstrates superior holder retention. When analyzing wallets that held $1,000 or $100,000 worth of tokens at their all-time high (ATH), SPX6900 consistently showed the highest rate of holders retaining their full position (in token units, stripping out price volatility). - **Whale Retention:** A significant majority (80%) of SPX6900's whales (wallets that once held >$100k) still hold over 50% of their peak token amount, far exceeding the retention rates of the other coins. The analysis concludes that SPX6900, with its strong community ethos centered around "Flipping the stock market," exhibits the most resilient and committed holder base. The report advises monitoring memecoins as indicators of market risk appetite and suggests that a small allocation (3-5%) to the right assets at oversold levels (low RSI) can significantly enhance a portfolio's risk-adjusted returns.

比推03/06 21:38

Meme Watchlist: Who's Cultivating Real Fans, Who's Inflating Data

比推03/06 21:38

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