Ton Coin Blockchain and Trading Overview

Ton Coin is a blockchain platform created by FTX and Binance, two of the largest cryptocurrency exchanges in the world. It's designed to provide fast and low-cost transactions.

The Ton Coin blockchain uses a sharding mechanism to increase its scalability, allowing for thousands of transactions to be processed per second. This is a significant improvement over traditional blockchain platforms.

Ton Coin is a cryptocurrency that can be used for trading and other financial transactions on the Ton blockchain. It's also an investment opportunity, with its price fluctuating based on market demand.

The Ton blockchain is built on the TON blockchain architecture, which provides a high level of security and scalability.

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Toncoin, also known as TON, is the native cryptocurrency behind the Open Network blockchain.

It operates using the Proof-of-Stake (PoS) consensus model, which is a more energy-efficient alternative to traditional Proof-of-Work models.

The main priority of Toncoin is to provide a convenient way for users to interact with the cryptocurrency.

Toncoin features simple integration, making it easy for users to buy, sell, or store the cryptocurrency.

As a multi-chain project, Toncoin has different blockchains issued to increase its scalability and maintain its security.

Toncoin is designed to handle the requirements of users, enabling them to make transactions easily.

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The price of TON Coin has fluctuated significantly over the years. In 2021, the average price was $3.13, while in 2022 it dropped to $1.74.

The volatility of TON Coin is quite high, with a record low of $0.840 in July 2022. This is a stark contrast to the best year for TON Coin, which was 2024, with an average price of $5.29.

TON Coin's trading volume has also seen significant fluctuations, with a 24-hour high of $187,677,127 in Example 2. This is a substantial increase from the average volume in 2021, which was $3.7 million.

The market capitalization of TON Coin has grown steadily, reaching $4.1 billion in 2023. This is a significant increase from the average market capitalization in 2021, which was $0.

Here are some key statistics for TON Coin:

The price of TON Coin has also seen significant fluctuations in a single day, with a 24-hour price change of -4.38% in Example 2.

Ton Coin can be traded on several prominent exchanges, including Binance, MEXC Global, and Gate. Binance is currently the largest exchange for Ton Coin, with a 24-hour volume of $13.5 million.

Ton Coin is also available on other exchanges, such as OKEX and Phemex, which have significantly smaller trading volumes. For example, OKEX has a 24-hour volume of $77.7 thousand.

Here are some of the top exchanges for Ton Coin, along with their 24-hour volumes and prices:

The monthly returns of TON Coin have been quite volatile, with a significant drop in value in 2021, particularly in November with a -36.79% return.

The average monthly return for 2022 was -4.74%, with some notable fluctuations throughout the year, including a 50.84% return in August.

In 2023, the monthly returns were more mixed, with a 6.25% return in January, but a -26.29% return in May.

Here's a breakdown of the monthly returns for each year:

The average monthly return for 2022 was -4.74%, indicating a general decline in value over the course of the year.

The markets for Toncoin are quite active, with a total of $53.4M traded on Binance Futures in the last 24 hours.

Toncoin is traded on several exchanges, including Binance, MEXC Global, and Gate. These exchanges offer a range of trading pairs, with TON/USDT being one of the most popular.

On Binance, the 24-hour volume for TON/USDT is $13.5M, with a spread of 0.14%. This is significantly higher than on MEXC Global, where the 24-hour volume is $363.1K.

The price of Toncoin on Binance is currently $2.14 USDT, with a 24-hour volume of $13.5M. This represents 39.08% of the total volume for Toncoin.

Here's a breakdown of the top exchanges for Toncoin:

Toncoin is also traded on other exchanges, including Binance Futures and HTX. On Binance Futures, the 24-hour volume for TON/USDT is $53.4M, with a price of $2.133.

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Ton Coin's circulating supply is a significant factor in its market capitalization. As of Oct 22, the circulating supply is $2,520,299,422.

The total supply of Toncoin is $5,143,709,944, which is more than twice the circulating supply. This is a key aspect of the Fully Diluted Valuation (FDV) calculation.

The Fully Diluted Valuation of Toncoin is calculated by multiplying the total supply by the current price. If we take the total supply into account, the market capitalization would be $10.8 Billion, a significant increase from the current market capitalization of $5.4 Billion.

Toncoin's market capitalization is currently ranked #27 among all cryptocurrencies. If we consider the total supply, the market capitalization would be #27 as well, but if we consider the circulating supply, it would be #35.

Here's a comparison of Toncoin's market capitalization and its ranking:

Toncoin's market capitalization is subject to change based on the price of the coin and its circulating supply.

The Toncoin has a fascinating history, and it's worth diving into to understand its current state. In January 2018, the Open Network (TON) began, with Telegram Messenger Inc. and TON Issuer Inc. selling "Gram" tokens to finance development, raising a whopping $1.7 billion.

This ambitious project was halted in October 2019 when the U.S. SEC obtained an emergency injunction, alleging an unregistered securities offering. The case was settled in June 2020, with Telegram agreeing to repay $1.224 billion to investors and pay a $18.5 million civil penalty.

The community didn't give up, though. Developers Anatoliy Makosov and Kirill Emelyanenko organized a separate effort to continue the Telegram code, renaming the native asset to Toncoin in 2021. The non-profit TON Foundation was established in Switzerland to oversee the project.

Toncoin's adoption has been steadily growing, with Telegram integrating peer-to-peer transfers via the @wallet bot in April 2022. By September 2023, a self-custodial wallet called "TON Space" was offered to Telegram's massive 900 million-user base.

Here are some key stats on Toncoin's market presence:

Over the last year, Toncoin has experienced a significant price shift of -59.17%. This trend is likely influenced by market fluctuations, which can be unpredictable.

The TON to USD Converter is a useful tool for tracking the cryptocurrency's value. It shows that the first recorded exchange rate was $4.44.

If you invested $100 in TON at that time, it would have been worth $48.02 today, a decrease of -51.98% from its original value.

Technical analysis is a crucial tool for traders and investors to make informed decisions about buying or selling cryptocurrencies like TON Coin.

The Relative Strength Index (RSI) of 30.04 indicates a natural reading, suggesting that the price is not overbought or oversold.

The Commodity Channel Index (CCI) of -57.34 is also natural, which could indicate a potential trend reversal.

The Average Directional Index (ADX) of 48.94 suggests that the market is trending, with a moderate level of strength.

The Williams Percent Range (WPR) of -28.73 is also natural, indicating that the price is not overbought or oversold.

The Ultimate Oscillator of 48.94 suggests that the price is in a neutral state.

Moving averages are also an essential tool in technical analysis. Here's a quick rundown of the short-term moving averages:

These short-term moving averages are all indicating a sell signal, suggesting that the price may be due for a correction.

The USD converter is a valuable tool for anyone looking to exchange currencies. The first recorded exchange rate in our base is $4.44, a significant starting point for any conversion.

Investing in cryptocurrency can be a volatile experience, as seen with the TON cryptocurrency price, which is down by -51.98% compared to today's exchange rate. This means that an investment of $100 now would have been worth $48.02.

Toncoin is bracing for a significant event this week, with an $80M token unlock on the horizon. This could potentially lead to a further price crash for TON.

The price of Toncoin is currently eyeing a rebound, thanks to a $30M injection from AlphaTON. Bollinger Bands are also tightening, indicating a possible shift in market sentiment.

Toncoin's price is highly volatile, and investors are advised to stay cautious.

For your interest: Toncoin News

As of today, the current price of Toncoin is $2.14.

The price has moved significantly in the past 24 hours, with a drop of -4.38%.

Toncoin's price has fluctuated by -1.02% in the past hour, showing a relatively rapid change.

Over the last 7 days, the price has varied by -6.85%, indicating some volatility in the market.

In the past month, Toncoin's price has taken a hit, falling by -30.57%.

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The 24-hour trading volume is a whopping $187,677,127, which gives you an idea of the market's activity.

The price of Toncoin has been fluctuating between $2.13 and $2.31, showing some volatility in the market.

Toncoin's all-time high was a significant $8.25 on June 15, 2024, which is a notable milestone for the cryptocurrency.

The all-time low for Toncoin was a relatively low $0.519364 on September 21, 2021, which is a reminder of the market's unpredictability.

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Toncoin currently holds a market rank of #35, with a significant market capitalization of $5,380,542,540. This impressive valuation is a testament to the growing interest and adoption of Toncoin.

Its fully diluted valuation stands at $10,981,215,139, indicating a substantial potential for growth and expansion.

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The maximum value of a cryptocurrency can be a significant factor in its overall performance. The highest price ever for one TON Coin (TON) was $8.03 on 15 Jun 2024.

This is a notable milestone for TON Coin, and it's essential to consider it when evaluating the cryptocurrency's potential.

Toncoin holds a market rank of #35, with a market capitalization of $5,380,542,540. Its fully diluted valuation stands at $10,981,215,139. Toncoin's market capitalization is substantial, reflecting its growing presence in the market.