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Toncoin

TON Toncoin Potential Short Tern ReversalTON Toncoin currently demonstrates short-term upside potential, suggesting the possibility of a reversal and an upward price movement in the near term. The price action indicates a potential shift in market sentiment, with increasing buying interest that could drive the price higher. Considering the short-term upside potential, a target of $1.55 could be set for TONCOIN. This target represents the projected level that could be reached if the reversal and upward momentum continue. Looking forward to read your opinion about it!
Long
by TopgOptions
TON Toncoin has been classified as a security by the SEC !The SEC's classification of Telegram's Gram (TON) as a security highlights the regulatory scrutiny surrounding certain cryptocurrencies. This classification implies that Gram tokens are considered investment contracts, subjecting them to securities regulations and requirements. Such regulatory actions aim to protect investors and ensure compliance within the evolving cryptocurrency landscape. It reinforces the importance for cryptocurrency projects to navigate the regulatory landscape diligently and ensure compliance with applicable securities laws to foster investor confidence and industry growth. My Price Target for TON is $0.73. Looking forward to read your opinion about it!
Short
by TopgOptions
1
Toncoin (TON)Toncoin is a powerful decentralized layer-1 blockchain that previously belonged to the encrypted messaging platform Telegram then taken over by "The Open Network" foundation: TON- although as they claim. Also, the project is new but was able to maintain itself among the top 30 coins by market cap and having high trading volume. Anyway, TON price is currently in a corrective wave and based on the available candles it seems two possible scenarios could take place. Either price could be descending in a triangle pattern or an inverted cup and handle pattern is forming; with the former one being more probable. Let's see what happens.
by SaeedSalehinia
1
TON has significant potentialHi traders! Today we're talking about TON, a coin that is trading in an ascending channel. On the TON/USD chart, we can see that the coin has been trading in an ascending channel for some time now. This means that the price of TON is increasing within the two parallel lines that form the channel. What does this mean for traders? If we look at the TON chart in the context of the ascending channel, we can expect the price to continue to rise. Of course, this doesn't mean that the price can't fall, but growth is more likely in this context. What are some possible entry points? If we consider the ascending channel, we can look for possible entry points at the support line of the channel. In other words, when the price of TON reaches the lower line of the channel, it may be an ideal time to enter into a buy trade. Of course, we always need to be cautious and use additional analysis tools to confirm our decisions. But overall, the ascending channel is a very interesting indicator for traders who want to profit on TON. It's also worth noting that TON has a significant potential for growth in the future, as the project has a strong team and a large community of supporters. So, if you want to take a position in TON, it's worth considering the possibility of entering into a trade within the ascending channel.
Long
by CHOWTRADE
TON/USDT Analysis Update in Daily 🎯tonHI Friends 🌟 As we mentioned in the previous analysis of TON cryptocurrency; The price reacted by hitting the level of $2.9 and the selling pressure caused this cryptocurrency to enter the corrective phase. This price correction continued until close to the 0.618 Fibonacci line and the $1.8 support area. After finishing the corrective phase, the price was able to react to the resistance area of $2.7 again. With the break of the red uptrend line to the bottom, the price is expected to choose the support areas of $2.2, $2 and $1.8 to form a reversal pattern. Arztoday Team 💙 Analyzer ✍: AR.Rashidi
by arztoday
The Open NetworkThe processor is a device that contributes to a lot of intelligent delays organized in such a way that it seems logical in the output. The essence of its speed lies in the fact that the user can pay for additional equipment with the same chip in order to realize the "missed advantage" visually or aurally. I don't think they're belittled by talk about their low level of performance as they are all examples of high aspiration. It works. You see, in all other theoretical disciplines, everyone wants to move faster, they want more knowledge and power from their authority, they want more information, points of view, secret teachings. But once you get to the existential experience, the accelerator becomes less interesting than the location of the brakes, which is what we're looking for. We're not trying to push it, we know how to push it to a speed we can't bear. The inflation-adjusted deficit trend is the same!
Long
by tradephenomena
3
Be patient with TonCoinGo back and look at any new asset on the daily chart and it will very often have long wicks to both the upside and downside. Pay close attention to that data as they will almost always take price back to both the high and low at some stage. We just never know when. I couldn't care less about it's fundamentals but I think the market makers have big plans for TON and I am looking forward to adding it to the list of assets that I trade. Currently, I can only trade it Long so I have to be patient and wait for it to come back down in order to get a suitable entry point. Lucky you if you are able to short TON. The question is - will it go all the way down to 50 cents to recover that wick? For now, patience is the order of the day and I have set an alert for $1.33 - a level at which I will start paying attention. If it paints a peak formation around that level then I will start to trade it. If not, then I will create an alert at $1 where I will once again pay attention. If it does not bounce from there then it will almost certainly go all the way down to 50c. Let me know your thoughts on TON and whether or not you think it will recover those wicks.
by ScalpWthMe
3
TON: Overrated project or the FUTURE of crypto market?Hello! This is the third article in a fundamental project analysis (check the first one about Aptos and the second about Solana ). In this idea, we will analyze one of the most controversial projects of the last 2-3 months - TON. The main goal of this article is to show you the project from various perspectives, to provide all information about the project and our estimation of that information, and in conclusion we'll tell you our opinion on what to do with the project and how you can earn from it. In some way, this article will be beneficial to both experienced traders and newcomers to the market. Please leave your comments after reading it and subscribe to our other resources; we want to know what you think! The project and its token The Open Network successor to Telegram Open Network - native token TON successor to Gram. What is the project? TON is Layer one blockchain. Working on The Open Network's (hereinafter TON) predecessor, Telegram Open Network (hereinafter Gram), began in 2018. Gram raised $1.7 billion in private sales to investors in April 2018, but fundraising did not stop there. Gram crashed as a result of the decision to hold an ICO under US jurisdiction, after which the Securities and Exchange Commission (SEC) recognized Gram as a security and declared all previous sales of Gram to investors to be illegal securities distributions. Litigation ensued between the SEC and Telegram, and the SEC won. Consequently, Telegram halted Gram development and began returning funds to investors who had decided to exit the project. The TON project was already well underway, with a team of developers and active users. Many of those who were excited about Gram joined the TON team. PRODUCT PART Key mechanics: Proof of Stake consensus algorithm – network security is dependent on validators checking blocks and delegates trusting their tokens to validators to increase network security Sharding – blockchain speed, scalability and higher throughput TON Proxy – access to the TON blockchain via a decentralized VPN and TOR-like network. Increased decentralization and accessibility. TON DNS – domain names similar to ENS on Ethereum, but TON has integrated their application thanks to Telegram support. STRENGTHS: TON's product strengths are not based on a technical stack; in 2022, sharding was implemented and is being implemented in blockchains. Claimed blockchain TPSs are breaking all records, and scalability is one of the key issues that all teams are working on. TON's strengths are primarily in the user sector, where they are working to improve user experience and acceptance of TON. This is definitely a good thing, or it would be a good thing if Telegram didn't lose the trial in 2020, or it would be even better if there was no trial and the ICO took place in any other jurisdiction. TON, or Gram in that case, would already be among the top ten projects in terms of capitalization, dictating trends in the industry. WEAKNESSES: TON is not a self-sufficient project ; its entire success is dependent on a single narrative, Telegram integration. Without Telegram's support, TON as a project would have lagged behind the first hundred projects in terms of capitalization, and it would have been remembered as, yes, it was a solid idea, but these guys lacked originality. To use an analogy, imagine Aptos coming out not with the idea, scalability, a new approach to the role of L1 blockchains, and its unique concepts, but as a project that might one day be integrated into Facebook or Instagram. And Zuckerberg was tweeting about his plans to incorporate Aptos DEX into his apps. Of course, everyone would shout LFG and To the Moon for the APT token, but the project would no longer be unique; we would no longer be able to appreciate Aptos as a project, but rather as a third-party add-on to social networks. That is exactly what TON is; the project itself did not introduce any new ideas; it is simply a project that will most likely be fully integrated with Telegram at some point. TON is not a bad standalone project, but it is far from the best. The uniqueness and added value of TON tokens are solely dependent on Pavel Durov's will and integration solutions. If any reader disagrees with these assertions, consider what TON has brought to the table as a unique project that we have not seen before. Let's look at some examples: 1. Ethereum created the first and most stable DeFi ecosystem on the market, and advanced concepts and ideas (DAO, DeFi, NFT, SBT, Sharding, ENS, L2 solutions) were conceived and implemented within Ethereum. 2. Solana is a one-of-a-kind project with one-of-a-kind concepts such as no mem-pool and combining validation and consensus algorithms to increase TPS. On the product side, Solana has enabled users to earn dozens of times on DeFi and NFT, and the ecosystem has spawned some of the most well-known DAOs and projects. 3. Near is still considered one of the most technologically advanced blockchains, with a decently integrated EVM-like network for asset migration. Yes, there were marketing gaffes, and the network did not receive the attention it deserved. However, there was an attempt, as well as a narrative within the ecosystem. What exactly did TON provide as an individual project?? BUSINESS PART How does the product make money? Any L1 solution has 4 basic ways to make money: 1. Selling native tokens representing the team's portion of the total number of tokens. 2. Selling their infrastructure for commercial use by other projects. 3. Investing in other projects. 4. Attracting investment – while we do not consider this a full-fledged way to make money, it does provide funds for operational and strategic actions. Lets analyze each and try to figure out how TON will make a profit: 1. Selling tokens is a well-established practice; everyone sells a certain percentage of tokens, and that percentage is primarily determined by the team's intentions for the product. If the team views its project as long-term, and things are going well within the project, a small portion of tokens are typically sold, or no tokens are sold at all. If you have funds for development, it is far more profitable to accumulate native tokens rather than sell them to the market, especially if the market is in a slump. 2. Selling their infrastructure – rarely can any project make a good profit on this; typically, buyers are large projects that already generate a profit from their operations. These parameters are well met by projects on large and active blockchains, such as Ethereum. TON lacks critical mass; the ecosystem currently lacks the required number of users and full-fledged businesses. 3. Investments are typically venture capital investments in the most promising projects within the ecosystem or in projects outside the ecosystem that can benefit your ecosystem. The average investment horizon is 3-5 years; such activity does not provide money immediately, as good investors will not drain the tokens of the project in which they have invested. The token's price is the most effective marketing tool. In the long run, it could be a good source of income for TON, but not right now. Furthermore, there are no such promising projects within TON; the ecosystem is still in its early stages, and the best projects for investment will emerge later, namely after the ecosystem's initial establishment and consolidation. 4. Attracting investment – everything is ambiguous here; we don't know who these people and companies are who are investing in TON, so this section is based on hypotheses and assumptions. Only one thing is certain: TON has money, or they would have to provide all marketing and project development for native TON tokens. According to one version, after the project's closure, some of Gram's private investors decided to invest their money in TON. There is also speculation that Telegram invested funds in its subsidiary project. Throughout the existence of TON, there was no public information about sums and investment rounds raised, we know nothing about splits and vesting periods of early investors, in fact, we know almost nothing. We only assume that at some point TON had enough funds to develop the project. Okay, we've sorted through all four TON earning opportunities; the most important at this point in the project's development is selling tokens and attracting investments. Considering all non-transparency, until the policy on informing collection of new rounds is changed in TON will be invested by individuals and angels, funds, particularly those within the jurisdiction of the United States, hardly decide to invest their funds, many of them did not do it during Gram's flourishing, so after all litigations between Telegram and SEC crypto institutes will most likely decide to reinsure. This severely restricts TON's ability to attract investment. We can't say how much influence investors can have on the price because we don't know the webcasts and splits, investor shares, and other key nuances of tokenomics. If we assume that the TON investor is only interested in making a profit, we already have two large groups of sellers: the project team and its investors. Keep in mind that there are groups of advisors and validators within the project who also receive native tokens and must lock in profits. Team We know nothing about the current TON team; previously, the key people at Gram were Pavel Durov and Nikolay Durov. Pavel is likely no longer a member of the team after Telegram officially closed the Gram project. Because of Pavel's dedication to TON, one can assume that his brother Nikolai is a key figure in the TON project. There is no more public information about the team, and there is nothing on which to base a hypothesis. Funds and investors All investments were private, and no information about the individuals or total amounts invested in the TON project is publicly available Tokenomics Current number of tokens: 5 billion TON Number of tokens in circulation: 1.2 billion TON Market capitalization: ~3 bln. Total market capitalization: $12.2 billion The token employs an issuance model based on the underlying inflation rate, the higher the price - the higher the rate, the higher the rate - the higher the issuance The annual inflation rate is currently 0.6% The target annual inflation rate indicated in the TON whitepaper is 2% If the issue is proportional to the inflation rate, we will have at least 25 million new TON tokens per year at the current rate of 0.6%, and when the target rate of 2% is reached, we will have 100 million tokens per year. It should also be noted that issuance is typically based on the number of tokens issued, and the more tokens we have in the market, the higher the issuance will be in absolute numbers. It should also be noted that validators will receive 20% of the token distribution. A common misconception is that validators have no operating expenses. There are, of course, lower costs than for Proof of Work miners, but don't think that with the PoS algorithm, validators can't sell tokens because there are no transaction costs. There are those costs, and it also makes sense for validators to take a portion of the profits, resulting in structural supply. Another piece of bad news is that the token burning mechanism is not mentioned. Without the combustion mechanism, the number of tokens gradually increases, and the greater the number, the greater the total supply; keep in mind that for the price of a token to rise, demand must be greater than supply. Without burning native tokens, the supply will exceed the demand, and this oversupply will only grow. TON token demand is currently seen as demand from Telegram users, and it is limited by Telegram's ability to enter new markets and attract new users. The supply of TON tokens is only limited by issuance, and the greater the demand for TON, the higher the issuance, and thus the sooner the supply exceeds demand. All of this is on top of a lack of transparency about investors, vesting and unlocking tokens, information about the team, and the fact that TON is essentially not an independent project but a Telegram add-on. There are also a number of structural supply and demand issues. For example, it is not enough to create initial demand; you must also maintain that demand. If everyone who wanted to buy TON tokens and demand drops, TON and Telegram should think of something to encourage users to buy a second round, otherwise the price will begin to fall and all those who said to the moon and LFG will sell, causing a cascade of liquidation of futures buyers and forced sales, resulting in a price collapse. CONCLUSION What to expect in the future? TON should be approached from two perspectives: the product and the speculative investment. From a product standpoint, TON is likely to be a success and mass adoption thanks to Telegram's support. The likelihood of this success is dependent on whether various governments will not interfere with Telegram as a result of TON integration, and if they do, whether Telegram and TON are prepared to fight back in court. If the authorities in some countries impose a mandatory block on the use of Telegram, TON's position may be jeopardized. If Telegram and TON are again defeated in court by regulators, the situation may change. If Telegram and TON can complete all of their tasks without incident, TON as a project and asset will be widely accepted, at least within the Telegram ecosystem. From a speculative and investment standpoint, the uncertainty is even greater; the project has numerous flaws that must be addressed, and we do not know the motivation of the key stakeholders. If the integration is successful, TON will most likely be able to reach a new ATH in price, make x2-3 to the current value, and enter the top 10 projects in terms of capitalization. If the market enters a growth cycle, TON will be one of the most expensive tokens on the market for the next cycle. If TON integration fails, it will be a total failure, and the price of TON will fall by -60-70%. If we consider a neutral scenario in which the integration was successful but TON use within Telegram is not available in some countries, the price of TON will still break the ATH in the short term, and everything will depend on the team. OUR OUTPUT: LONG OR SHORT It all depends on the investment horizon and the ability to wait; in the short term, this appears to be easy money, but in the long term, the risks will be higher, as will the possibility of a black swan product or market. A long or short in the short term is essentially a bet on whether Pavel Durov can carry out all of his plans, whether he is prepared for regulatory claims, and whether he has reached conclusions after 2020. Long or short, whether the project team can maintain the product, introduce unique mechanics and narratives to maintain the ecosystem, and whether the team has a plan to eliminate weaknesses is your bet in the long run. It's also a bet on investors' desire to lock in as much revenue as possible, as well as their project valuation. We see a picture in which the short term is long before the breakthrough of the new ATH, then you look at the market, and the long term is short after the breakdown of ATH, but you must consider how the product develops and what market. People do not see the weaknesses and vulnerabilities during the bull market because of the euphoria, but after the bull market ends, you can profit from these weaknesses. OUR FINAL WORD Always keep in mind that, in addition to your basic strategy, everything depends on your risk tolerance, ability to wait, and your fundamental principles and beliefs. We publish our opinions and assessments of various projects, what the prospects may be, and how those prospects provide opportunities for everyone. Our goal is to provide value where no one else has done it before us. Subscribe to our resources and trade with us!
by Samura0x
TON - Rocket fly against the entire market!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ I have not written anything on this project for a long time, but I often follow it and am constantly surprised. For example: on Friday, when the entire market was whizzing down, TONCOIN was able to grow by +10%, how do you ask? So I repeat once again who sees this coin for the first time and perhaps wants to add it to their investment portfolio. This project has its own separate blockchain with which a large team of developers is actively working and Pasha Durov, under the guise of Elon Musk, writes his posts in and also pumps the project like Elon DOGE at one time. Here is an example of one of the news of the project this week: TON has been integrated into the Orbit Bridge cross-chain platform, which connects 19 blockchains and 84 popular tokens. Cross-chain platforms are projects that are designed to securely move tokens from one blockchain to another using bridges. With the help of a bridge, for example, it is possible to move the native token of the Ethereum network to the TON network. This can be said to be insignificant news was released on December 8, and after a couple of days TON flew away by 35-40%, that's how it is guys. I bought another TON at $0.9 and sold somewhere in the region of $2-2.5 now I expect a correction to the $1-1.5 zone, from there I will most likely buy for the long term. The project has a very big future and many goals for the next year. I will not be surprised if TON in the middle of 2023 will cost $5-7 and this is the bare minimum.
Long
by DanilBlinkov
2
Toncoin Eyes $3 But RSI Sets Record for Most Overbought Reading Telegram's Toncoin (TON) may be leading in crypto market gains, but its daily Relative Strength Index (RSI) is currently at the most overbought reading in its history. However, as the TON price is battling the middle of an ascending channel, a breakthrough could expose the upper channel resistance trendline, which aligns with the $3.00 psychological level. RSI Overbought As of December 15, the daily RSI stands at 84.96, which marks the highest point ever on the daily chart and is well above the classic overbought reading of 70. The previous highest RSI reading was recorded earlier this year on October 26. During the previous run in October, TON's price was also testing the middle of the ascending channel, just like today's price action. At that time, after TON reached the RSI overbought signal, its price sold off to retest the bottom of the channel. TON Ascending Channel From a technical perspective, TON's price action is moving inside an ascending channel, which can guide future price movements. If we project to the upside of the same price range we experienced between the middle of the channel and the channel's support, then we could expect a 61% rally. A rally of this magnitude would send TON's price to the top of the channel, right around $3.00. Looking forward: Prices in the middle of the channel, between $2.50 and the $2.00 were once key resistance levels, but now act as support levels. These are the prices to watch on the way down.
by cryptohopper
3
TONBTC: mean gravity come into playWhat Is Toncoin (TON)? Toncoin (TON) is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from "Telegram Open Network" to "The Open Network". 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. The developers’ mission is to build a full-fledged ecosystem with decentralized storage, decentralized services, a domain name system (DNS equivalent), an anonymous network, an instant payment platform, and affordable/fast transaction processing. The Open Network is a community-driven blockchain with a flexible architecture and focus on serving a typical consumer. TON stands out due to the fast processing/validation of transactions per second (TPS). In September 2021, the network processed a then-world record of 55,000 TPS during a contest, although the current TPS could be in the hundreds of thousands or even millions. This feature allows the project to grow rapidly while avoiding performance losses. At the same time, the project does not harm the environment. Who Founded Toncoin? Originally, the blockchain platform was created by brothers Nikolai and Pavel Durov, and developed by the Telegram team. Telegram planned to launch an on-chain token called Gram and establish a platform for decentralized applications (dApps). Gram was getting a lot of attention, which started to cause trouble. Its development was prohibited by the US Securities and Exchange Commission (SEC). Gram was considered securities, and the SEC banned the release of Gram tokens. The Telegram team brought TON to the state of an almost full-fledged product. However, in 2020, Telegram CEO, Pavel Durov, left the project, and the development was handed over to independent crypto enthusiasts. From the very beginning, the project was created as an open-source code so anyone could continue the development. The current network was launched and developed by Anatoliy Makosov and Kirill Emelianenko, members of the community called NewTON (later the TON Foundation). What Makes Toncoin Unique? 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. The developers focus on scalability, efficiency and mass adoption. Due to the well-established interaction between segments, the network provides ultra-fast transactions, verifying and processing a massive amount of TPS. The TON network offers the following services: TON Wallets, a built-in wallet function designed to transfer funds and interact with platform services and offers two categories of wallets: custodial and non-custodial; TON Services allows developers to create various dApps while users can access third-party apps through a user-friendly interface; TON Storage offers the benefits of private encryption using the private key of the owner's wallet; TON Proxy uses all platform components and allows clients to access the TON blockchain via decentralized VPNs; TON DNS (decentralized name system) makes it possible for traditional websites to work in the TON network, allowing users to set short, readable names. How Many Toncoin (TON) Coins Are There in Circulation? The TON network has its native token, Toncoin, with a circulating supply of 1.22B TON and a maximum supply of 5B TON. Toncoin was designed to fuel the ecosystem. It can be used to build decentralized applications (dApps), act as a transaction processing fee, as a cross-chain transaction fee, and as a staking payment to secure the blockchain and services. The list of use cases also includes payment for decentralized data storage, TON DNS/TON Proxy, and other fees within decentralized services. Validator fees are also paid in TON. In addition, people can vote with TON for changes and development within TON's governance program. How Is the Toncoin (TON) Network Secured? The network utilizes the proof-of-stake (PoS) consensus mechanism to validate transactions. Moreover, Toncoin is used to reward validators. Nominators can also provide tokens to validators and receive rewards. Validators and nominators are managed with smart contracts, providing the network with extra protection. Smart contracts are executed using TON Virtual Machine (TVM). source : cmc
by sequentialvzion
TONCOIN | Easy 40% to the deposit, that's not all!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ TON was able to rebound from the support zone of 0.8565 and is currently heading towards the resistance zone of $1.5140 Previously, I allocated an area of ​​interest for buying $1.1-1.2 for myself, but due to the conflict between FTX and Binance, the asset failed a strong support zone and reached $0.85 and then received a strong takeaway by 40% I think TONCOIN will continue to gain momentum and most likely we will again be able to see a trip to the $2-2.2 zone Such moments are of course false to foresee, but if you work in advance with orders like me, then most likely you will remain in the black! He said many times that you can buy for $ 1 Waiting for TON on Binance or Bybit?
FTX:TONCOINUSDLong
by DanilBlinkov