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Toncoin Price
Toncoin price

Toncoin Price(TON)

Not listed
Note: This asset is not listed on Binance for trade and service.
Currency
$ 5.474327
+3.18%
1D
Page last updated: 2024-04-28 15:15 (UTC+0)
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Note: This information is for reference only.

Price of TON today

The live price ofĀ ToncoinĀ isĀ $ 5.474327Ā per (TON / USD) with a current market cap of $ 19.01B USD. 24-hour trading volume isĀ $ 145.69M USD.Ā TON to USDĀ price is updated in real-time.Ā Toncoin is +3.18% in the last 24 hours with a circulating supply of 3.47B.
TON Price History USD
Date ComparisonAmount Change% Change
Today$ 0.168732+3.18%
30 Days$ 0.401935+7.92%
60 Days$ 2.827385+106.82%
90 Days$ 3.365269+159.56%

TON Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 5.273988
High: $ 5.587096
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 7.652254
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.31%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+3.18%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-10.28%
The percent change in trading volume for this asset compared to 7 days ago.

TON Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#9
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 19.01B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 145.69M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
3.47B
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
--
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 27.95B
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Toncoin (TON)

Toncoin is the native network cryptocurrency of the TON decentralized ecosystem. TON aims to enable fast payment settlement, easy-to-use decentralized applications, small fees, and other positives offered by its layer-1 independent blockchain. TON's layer-1 operates on its blockchain and not atop another independent blockchain, such as the Ethereum Network.

Toncoin was launched in 2018 originally as a Telegram Open Network. It had its early utilities associated with the Telegram social network platform. After early issues with an SEC claim against TON that ultimately favored the SEC, TON rebranded in 2020. A group of new software developers who named themselves NewTON changed aspects of the coin and ecosystem, including the name. As rebranding commenced, Telegram Open Network was changed to 'The Open Network'.

Toncoin is the network currency for the TON network and is used in staking within the Proof-of-Stake (PoS) consensus mechanism, which protects the TON blockchain. Toncoin is known by its token ticker $TON. The current price of Toncoin is updated and available in real-time on Binance.

People Also Ask: Other Questions About Toncoin

  1. What Does Toncoin Stand For?

    TON stands for ā€˜The Open Networkā€™ and is an open, decentralized network on which decentralized applications, digital cryptocurrencies, and other digital interactions are made possible.

  2. What is TON Used For?

    TON is used in staking on the TON decentralized network. TON can be staked in the network consensus mechanism protocol. The PoS staking model implemented within the TON ecosystem allows individuals to stake and be rewarded for participating in block validation efforts that secure and process transactions on TON.

  3. How Does Network Consensus And Validation Work On Toncoin?

    In TON's PoS consensus algorithm, validators are chosen based on their stake in the network. The more tokens a validator holds, the higher their chances of being selected as a validator. Validators are responsible for creating new blocks and verifying transactions on the network. The chosen validators must reach a consensus on which block to add to the blockchain, which is achieved through the BFT algorithm. TON's validation process includes several checks and balances to ensure the integrity of the network.

  4. Who is the Founder of Toncoin?

    Toncoin was a development of the Telegram social network platform in 2018. The coin was rebranded to The Open Network after losing a battle with the SEC, which filed a suit against the company for failing to register its prior sale of $1.7 billion worth of tokens.

  5. What Is the Total Token Supply of TON?

    The total supply of Toncoin is 5,047,558,528 and the circulating supply stands at 3,431,892,088 at the time of writing.

  6. Is Toncoin (TON) Available On Binance?

    Toncoin (TON) is not available for purchase or trade on Binance. While it is not listed currently, the live price of Toncoin is updated in real-time on Binance. Additionally, TON coin price and purchase information are available for users on the How to Buy Toncoin (TON) guide.

TON to Local Currency

FiatPriceOperation
1 TON to USD$ 5.474327
1 TON to TRY$ 5.474327
1 TON to RUB$ 5.474327
1 TON to EUR$ 5.474327
1 TON to AED$ 5.474327
1 TON to AUD$ 5.474327
1 TON to BRL$ 5.474327
1 TON to VND$ 5.474327
1 TON to IDR$ 5.474327
Last updated 2024/04/28 03:15 (UTC)

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