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Toncoin

Toncoin TON Price $ 6.46

Rank: 10

14007 Watchlists

Chain

TON Price

6.46
11.5%
(-$ 0.837)
Price Range
LowHigh
$ 5.58$ 7.45

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Coin

Funds and Backers

Wallets

No wallets found yet

Description

Ton is the next generation blockchain aiming to unite all blockchains and the existing Internet.

Toncoin (TON) Chart

The Toncoin to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

TON to USD Converter

Toncoin (TON)TON

TON Price Statistics

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Market Cap

$ 22.37B

FDV

$ 32.90B

ATH Market Cap

$ 26.50B

24 Trade Vol.

$ 431.99M


Vol. (24h) / MCap

0.0193

Total Supply

TON 5,105,184,488

Circulating Supply

TON 3.47B

(68% of Total Supply)

Listing Date

12 Nov 2023

All Time High

$ 7.63

11 Apr 2024


All Time Low

$ 0.753

18 Jun 2022


From ATH

15.6%

From ATL

755.3%

Toncoin Price Analysis

What is Toncoin (TON)?

TON is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly. TON is scalable and shardable. Its flexible architecture lets it grow and grow, with no loss of performance. Since 2020, the technology has been developing thanks to a non-commercial group of supporters and an independent community of enthusiasts who called themselves the TON Foundation. Toncoin, formerly known as Gram, is the native cryptocurrency of the TON network.

The original idea was to integrate TON into an easy-to-use application that allows users to buy/send/store funds. Clients pay transaction fees and use TON to settle payments or validate transactions. Toncoin utilizes the proof-of-stake (PoS) consensus model for network scalability and reliability. According to the project website, the platform provides its customers with fast, transparent and secure payment services, facilitating transactions with minimal fees and third-party applications.

TON has a multi-level structure built on the principle of sharding or segmentation ("blockchain within a blockchain"). A sharding feature involves the use of multiple subnets (shards) on the same blockchain, where each shard has a specific purpose. It allows the net to avoid the accumulation of unverified blocks and speeds up tasks. The TON network consists of the master, work and shard chains.

Toncoin Price Today

Toncoin's current price is $ 6.46, it has dropped -11.5% over the past 24 hours.

Toncoin's All Time High (ATH) of $ 7.63 was reached on 11 Apr 2024, and is currently -15.3% down.

The current circulating supply of Toncoin is 3.47 Billions tokens, and the maximum supply of TON is unlimited.

Toncoin’s 24 hour trading volume is $ 433.24 Million.

Toncoin's current share of the entire cryptocurrency market is 0.89%, with a market capitalization of $ 22.43 Billions.

You can find more details about Toncoin on its official website and on the block explorer.

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