CoinVoice recently learned that Cryptoquant analyst joaowedson said that Toncoin is now the seventh-largest cryptocurrency by market capitalization and will grow significantly in 2024. The TON network has attracted a large number of developers and users due to its scalability and speed.
In the past year, Toncoin's cumulative return rate ranked in the top three among the top 20 cryptocurrencies, second only to Solana and Near. Toncoin recorded a return of 244%, while Bitcoin was 150% in the same period. In particular, between August 2023 and April 2024, Toncoin's value soared by more than 640%. [Original link]