TON Coin? Price PredictionTON Coin? It is among the crypto coins traded on stock exchanges. TON Coin? comments and analysis, which are carefully followed by stock market investors, attract great attention. You can follow us and benefit from the information here.
The project of Telegram, which is frequently censored in the world and declared as the ‘unwanted child’ of the internet world, was implemented under the name of GRAM a few years ago, after which it struggled with some regulatory problems and which, in CEO Pavel Durov’s words, had no ‘effects’ on it. It accelerated again with the message, and its price rose more than 30 percent in the past day. After that, it re-entered the radar of crypto money investors. Details about the TON project are in our guide…
the TON Coin project?
TON, formerly known as GRAM, is a third-generation (Proof of Work) designed by the Durov brothers, the founders of Telegram Messenger, in 2018. ) and an Ethereum-based blockchain project with a Proof of Stake (PoS) consensus mechanism. TON is designed for lightning-fast transactions. It is ultra cheap and user friendly. With millions of transactions per second, the TON blockchain has a chance to create a true Web 3.0 with decentralized storage, anonymous network, DNS, instant payments and various decentralized services. The most important promise of the TON ecosystem is in-app payments. Developers do not want to lag behind the steps taken by Whatsapp and even want to go one step beyond these projects.
With more than 500 million monthly active users on a global scale, TON Coin, known as the crypto money of Telegram, was an instant messaging application last year. Telegram withdrew from the project after a lawsuit and pressure from the US Securities and Exchange Commission (SEC). Telegram founder and CEO Pavel Durov stated in a message published the previous day that TON Coin has stepped into the markets again, and “When Telegram said goodbye to TON last year, the next generation of developers will one day continue our vision of a mass-market blockchain platform. I expressed hope. That’s why I was inspired to see Telegram continue to develop the open TON project, which the champions of coding competitions have rebranded as Toncoin.”
The future of TON Coin
Durov said that his investors have no objection to investing in TON Coin and said, “Unlike the original TON, Toncoin is independent of Telegram. Coupled with the right go-to-market strategy, they have everything they need to build something epic.”
With a maximum supply of 5 billion, TON Coin has a circulating supply of 1.2 billion. With a market value of $ 4 billion as of January 3, 2022, TON saw its lowest level with $ 0.3906; it reached an all-time high of $5.84 in November 2021.
Where and how to buy TON?
TON, a crypto currency with a bright future, despite dealing with various regulatory problems in the past The coin is currently not traded on Binance and Coinbase. The token can be traded on decentralized platforms such as UniSwap and PancakeSwap, as well as centralized exchanges such as FTX, Gate.io, OKEx with trading pairs such as USD, USDT, ETH.