Toncoin TON

The Telegram Open Network ($TON) stands out to me as a third-generation layer 1 blockchain, leveraging a proof-of-stake consensus mechanism and functioning on the principles of a peer-to-peer network. More

Two Layers Are Better Than One…

The Open Network token (TON), created by the Telegram development team, is a decentralized dual-layer blockchain designed to provide a flexible peer-to-peer network, distributed storage and hosting, anonymity for nodes, DNS services, and payment capabilities, among other features. More

Whether you choose to buy or sell TON depends on your market strategy. If you are a short-term trader, focusing on scalping, day trading, or swing trading, then one approach may be appropriate. More

The information about tokenomics is not easily available, as if someone is purposely making it hard to understand. More

As of 12 Feb 2023

• $TON
• Price = $2.24
• Market cap = $3.3b – Rank 24
• Proof of Stake
• All time high = $4.5 (-51 %)
• All time low= $0.54 (+415 %)
• Circulating supply = 1.47b
• Total supply = 5.06b (Supply is not capped and will inflate at approximately 0.6% per year.)
• FDV = $11.4b
• Market cap/ FDV = 0.29

In my personal evaluation, there are three key factors I consider: More

If the Telegram app continues to be successful they have a good chance at reaching a vast audience. More

Everything is great for TON as a potential "mass adoption" cryptocurrency except its tokenomics. More

This community is an absolute powerhouse!

It's one of the largest and best-managed Telegram communities I've encountered, and it's not surprising, considering they own it. More

The marketing is excellent for several reasons:

• Non-official partnership with the Telegram messenger (700 million active users)

More

TON boasts one of the largest and most diverse communities, with its main channel boasting over 500,000 members. More

Toncoin does present in a convincing manner with a polished website and a readable, yet technically in-depth whitepaper. More

TON is a blockchain developed by the Telegram application team led by Pavel Durov. Despite its advanced features, such as its own programming language, numerous blockchain applications, virtual machine and etc. More

The TON community is massive, dynamic, and loves to learn, create, and build on TON. Four solid points: More

The main concern of the community since the release of the Toncoin was that the first miners concentrated too many tokens in their hands, raising suspicions about the fairness of the mining process. More

I really like Telegram so since it originates from the same team I am bound to be excited about The Open Network. More

TON is a blockchain developed by Telegram, led by Pavel Durov, providing a strong partnership in the industry. More

Ton has already come quite far through their roadmap, and is already trading on a number of major exchanges, including KuCoin, ByBit and Huobi. More

The Open Network, referred to as TON, is a blockchain technology developed by the team behind the Telegram messenger in 2018. More

Is it a buy?

1. Relatively new chain with better tech(Cheaper/faster Tx) -New chains has better chances of doing good during next bull run. More

Very active communities on Telegram. Twitter is also not bad. As you'd expect from a chain initiated by the Telegram tea... More