Telcoin

TEL Price

About Telcoin (TEL)

Telcoin is a mobile-focused financial platform that leverages blockchain technology to provide global remittance and decentralized financial services to mobile phone users worldwide.

• It integrates with mobile network operators (MNOs) through its membership in the GSMA to facilitate borderless, instant, and low-cost financial transactions.
• The ecosystem features the Telcoin Network, a public and EVM-compatible blockchain secured by telecommunications providers.
• The TEL token serves as the native utility asset for transaction fees, governance, and incentivizing liquidity within the platform's DeFi exchange layer.

What Is Telcoin

Telcoin is designed to bridge the gap between traditional telecommunications and decentralized finance to modernize the global remittance market. The platform enables users to send value across borders instantly by utilizing a network of mobile money and e-wallet partners. Value moves through the system via the Telcoin Wallet, where fiat currency can be converted into digital assets for transfer over the blockchain.

The ecosystem is built around the concept of "user-ownership," where the token is put to work through staking by various participants known as "miners." These miners—including validators, liquidity providers, and application developers—co-produce system resources and earn fees in return for their contributions. This model is intended to scale as more mobile network operators join the GSMA-backed consortium, expanding the reach of the platform's settlement layer and its integrated mobile application network.

What Makes Telcoin Unique

• Telecom Consortium Model: Telcoin is a GSMA Associate Member, allowing it to coordinate directly with national mobile carriers that possess massive existing subscriber bases and local market knowledge.
• MNO-Secured Blockchain: Unlike many networks secured by anonymous validators, the Telcoin Network is exclusively run and secured by GSMA mobile network operators, aligning the security of the chain with established infrastructure providers.
• Polycentric Governance: The platform operates under a democratic governance model wrapped in a Swiss Verein legal structure (the Telcoin Association), which provides a formal legal framework for decentralized decision-making.
• Regulatory Integration: The project maintains a focus on compliance, holding Virtual Asset Service Provider and Payment Institution licenses in multiple jurisdictions, including the EU and Singapore.

What Can You Use Telcoin for?

• Remittances: Users can send digital assets to e-wallets and bank accounts globally through the Telcoin Wallet interface.
• Staking and Rewards: TEL holders can stake their tokens to participate in the Telcoin Application Network or the TELx liquidity network to earn protocol service fees.
• Governance Participation: Stakeholders use TEL to vote on governance proposals that shape the future of the platform and the Telcoin Association.
• Transaction Settlement: The token is used to pay for gas fees on the Telcoin Network, facilitating the execution of smart contracts and peer-to-peer transfers.

How Does Telcoin Work?

Telcoin operates through a three-layered architecture consisting of the Telcoin Network, TELx, and the Telcoin Application Network (TAN). The Telcoin Network serves as the foundational blockchain layer, utilizing a Proof of Stake consensus mechanism where telecommunications providers secure the network as validators. TELx is the decentralized exchange layer that utilizes automated market maker (AMM) liquidity pools to facilitate asset swaps and FX-powered remittances. TAN is the application layer where developers build mobile-first interfaces that connect users to these underlying services.

When transacting on the native network, users pay gas fees in TEL. A portion of these fees is destroyed and regenerated into a treasury to sustain long-term issuance for miners. The token is also accessible on other networks such as Ethereum and Polygon to enhance its reach across the broader crypto ecosystem.

Team Info and Investors

Telcoin was originally developed by Telcoin Holdings Pte. Ltd., a fintech company founded by Paul Neuner and Claude Eguienta. The project has since transitioned its governance to the Telcoin Association, a non-profit Swiss Verein based in Lugano, Switzerland. The association is led by Executive Director Parker Spann and is governed by decentralized Miner Councils representing different stakeholder groups. While the project was initially developed by a centralized firm, it has established a legal framework to represent the interests of GSMA members and mobile subscribers globally. The source material does not specify major institutional venture capital investors.

Where can you buy Telcoin?

TEL tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Telcoin is KuCoin, where the most active trading pair TEL/USDT has a trading volume of $2,104,559.17 in the last 24 hours. Other popular options include Uniswap V3 (Ethereum) and Balancer V2 (Polygon).

What is the daily trading volume of Telcoin (TEL)?

The trading volume of Telcoin (TEL) is $4,846,324.13 in the last 24 hours, representing a 391.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Telcoin (TEL)?

Telcoin (TEL) reached an all-time high of $0.06448 and an all-time low of $0.00006474. It’s now trading -96.20% below that peak and 3,702.70% above its lowest price.

What is the market cap of Telcoin (TEL)?

Market capitalization of Telcoin (TEL) is $233,911,281 and is ranked #148 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TEL tokens (95 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Telcoin (TEL)?

The fully diluted valuation (FDV) of Telcoin (TEL) is $246,022,381. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Billion TEL tokens are in circulation today. Depending on how the emission schedule of TEL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Telcoin compare against its peers?

With a price decline of -4.40% in the last 7 days, Telcoin (TEL) is outperforming the global cryptocurrency market which is down -4.90%, while outperforming when compared to similar Layer 1 (L1) cryptocurrencies which are down -6.40%.

How to add Telcoin (TEL) to MetaMask?

Adding Telcoin (TEL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TEL as a token. You can copy TEL’s contract address (0x467bccd9d29f223bce8043b84e8c8b282827790f) and import it manually, or if you've installed MetaMask's chrome extension, add TEL to MetaMask with one click on CoinGecko.

Add TEL to MetaMask.