MemeRepublic Competition Results: Week 1 Winners

MemeRepublic Competition Results: Week 1 Winners

The first week of the MemeRepublic Competition has come to an end, and the results are in. During this period, intense trading dynamics and a notable participation of tokens have been observed, giving rise to an exciting outcome that reveals who the winners have been and how the assets involved have behaved.

The Winner of Week 1: UTYA

The big winner of this first week is UTYA, which managed to stand out with an exceptional performance in several metrics. Its success translates into a $100,000 prize, demonstrating the potential and competitiveness of tokens in this dynamic ecosystem.

• Winner: UTYA
• Contract: EQBaCgUwOoc6gHCNln_oJzb0mVs79YG7wYoavh-o1ItaneLA
• Chain tests: View UTYA’s transactions and liquidity provision [here](https://ton.org/memerepublic).

Top 5 Token Ranking

The competition remained close, with an interesting ranking that included:

1. UTYA
2. DOGS
3. REDO
4. BRIN
5. FPIBANK

Week 1 Analysis and Relevant Learnings

During this inaugural week, several important elements were identified that impact the development of the competition and its structure. The methodology focused on measuring token performance through three key metrics:

• Liquidity
• Market Cap
• Transaction volume

However, concerns were raised about the system, as rigid formulas seemed to favor already established tokens, leaving less opportunity for new participants. Given this feedback from the community, it has been decided to implement improvements to ensure a fairer experience in the coming weeks.

Formula 2.0 upgrade

From week 2, the new Formula 2.0 is incorporated, which will include:

• Price growth to reward genuine performance.
• Active trading portfolios to ensure true trading activity.

These additions aim to foster a more competitive environment where actual activity in the market is rewarded, rather than artificial volume.

Ecosystem Growth and New Partners

The ecosystem behind the MemeRepublic Competition continues to grow, with the addition of new partners and infrastructure that will help strengthen this initiative. From data providers to new tool projects, everyone is committed to making this competition a resounding success.

Looking Ahead to Week 2

As we move into the second week, the competition is expected to continue to grow in intensity with the following indicators:

• Increased organic trading.
• Increased activity in portfolios.
• High number of new participants.
• Healthier volume.
• Strong community engagement.

With all this underway, the future of the MemeRepublic Competition looks promising, with new opportunities to come.

To follow the progress of the MemeRepublic Competition, you can visit the official site and check the live Leaderboard to stay up to date with current results and news.

For more information, visit the original source of this article [here](https://blog.ton.org/chronicles-of-the-week-week-1-results).