TON system is "struggling" in the AI ​​x Meme storm

TON currently has 1.58 million daily active users, down from its peak of over 5 million

TVL has dropped (now only $348M) mainly due to the severe decline of the Degen wave & Incentive programs are no longer as attractive as before

=> Money leaving to other chains is understandable

After the success of $NOT, $CATI, $DOGS, $HMSTR, no TON system project has exploded in users and revenue like before, confirming that the T2E trend is difficult to sustain