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Toncoin

TON

4.3

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Toncoin is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

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Toncoin is only available through Coinbase Wallet. Assets on Coinbase Wallet are not held by Coinbase. Use of Coinbase Wallet is subject to these terms.

Market

Market stats

Market cap

$8.0B

Volume (24h)

$47.5M

Circulating supply

3.4B TON

All time high

$5.84

Price change (1h)

-0.66%

Price change (24h)

-2.89%

Price change (7d)

+22.66%

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Toncoin is on the rise this week.

The price of Toncoin has risen by 22.66% in the past 7 days. The price declined by 2.89% in the last 24 hours. In just the past hour, the price shrunk by 0.66%. The current price is $2.33 per TON. Toncoin is 60.17% below the all time high of $5.84.

The current circulating supply is 3,431,892,087.62 TON.

Ratings

Average ratings from the community

4.3 out of 5

187 ratings

Community

4.3

(62)

Roadmap

4.3

(61)

Usefulness

4.4

(64)

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About

What Is TON Coin (TONCOIN)?

TON - The open network seeks to be a secure, fast, and scalable blockchain project that can handle numerous transactions every second. The blockchain-based ecosystem of TON aims to produce genuine Web3 internet with the anonymous network, decentralized storage, instant payments, and numerous other decentralized services. 

According to the whitepaper, TON seeks to be a flexible multi-blockchain platform that can process millions of transactions every second with smart contracts, multi-cryptocurrency value allocation, upgradable blockchain specifications, and influencing micropayment mediums. The platform was formed with an intention to provide fast transactions, seeking to make it inexpensive, user-friendly, and exclusively operational. 

In addition, the TON aims to offer a versatile forum for third-party services. It seeks to allow user-friendly interfaces for smart contracts, decentralized apps (DApps), and decentralized browsing experiences. The platform also aims to present a browsable registry of decentralized applications and services. Another platform feature that the TON offers is TON payments, which seeks to provide a platform to the users for micropayments. Safeguards assembled within the system aim to guarantee secure transactions. Moreover, TON seeks to enable quick incorporation with third-party social networking applications and messaging, making the blockchain technologies accessible to common users. 

The platform also has a TON proxy feature that assists in creating decentralized VPN services and TON alternatives based on blockchain, aiming to obtain anonymity and protect online privacy. 

The token with the symbol TONCOIN is the native currency of the platform. The token can be employed for transaction fees, storage payments, and gas fees. Users can use TONCOIN tokens to pay for the services offered by apps created on the TON platform. Also, it is used to pay for creating an extra number of currencies and new work chains. The token also has the voting power needed to support amendments in the protocol’s parameters. 

History of TON Coin (TONCOIN)

TON was created by the Durov brothers, the Telegram Messenger founders, in 2018. It was thereafter handed over to the open TON community, which has continued to support and develop it since then.

The maximum total supply of TONCOIN tokens is five billion tokens.

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News

Bitcoin Magazine • Sep 20, 23

Bitcoin vs Ethereum: A Culture War Rooted in First Principles

Willem Schroe, founder of Botanix Labs, discusses the reasons why his company is working on a decentralized second layer to bring the Ethereum Virtual Machine (EVM) to Bitcoin.

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Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl. We discuss how Ethereum developers are addressing the issue with the EIP-7514 proposal.

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The Block • Sep 20, 23

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CoinDesk • Sep 20, 23

Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport

The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.

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Guides

Coinbase

How to Buy Toncoin

You can buy Toncoin using Coinbase Wallet, your key to the world of crypto. We wrote a guide on how you can buy Toncoin using Coinbase wallet.

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FAQ

What is the current price of Toncoin?

We update our Toncoin to USD currency in real-time. Get the live price of Toncoin on Coinbase.

What is the market cap of Toncoin?

The current market cap of Toncoin is $7.99B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Toncoin?

The all-time high of Toncoin is $5.84. This all-time high is highest price paid for Toncoin since it was launched.

What is the 24 hour trading volume of Toncoin?

Over the last 24 hours, the trading volume of Toncoin is $47.49M.

What other assets are similar to Toncoin?

Assets that have a similar market cap to Toncoin include Tether, BNB, XRP, and many others. To see a full list, see our comparable market cap assets.

How many Toncoin are there?

The current circulating supply of Toncoin is 3.4 billion.

Can I buy Toncoin on Coinbase?

Yes, Toncoin is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Toncoin guide.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.