Toncoin
TON Price
How is the price of Toncoin (TON) calculated?
The price of Toncoin (TON) is calculated in real-time by aggregating the latest data across 106 exchanges and 343 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Toncoin Price Chart (TON)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.1% | 2.4% | 3.6% | 19.7% | 16.7% | 131.5% |
TON Converter
|
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$14,191,527,396 |
|---|---|
|
Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.5 |
|
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$28,645,340,482 |
|
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$362,241,761 |
|
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
2,532,646,188
|
|
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
5,112,100,366 |
|
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
TON Historical Price
| 24h Range | $5.57 – $5.80 |
|---|---|
| 7d Range | $5.39 – $5.83 |
| All-Time High |
$8.25
32.1%
Jun 15, 2024 (3 months)
|
| All-Time Low |
$0.5194
979.1%
Sep 21, 2021 (almost 3 years)
|
How do you feel about TON today?
Recently happened to Toncoin
What is TON?
TON (The Open Network) is a Layer 1 smart contract network specializing in financial applications. It was first developed by Telegram’s co-founder Nikolai Durov known as “Telegram Open Network” but has been relaunched as “The Open Network” under the TON Foundation.
How Does TON Work?
TON was a Proof-of-Work blockchain before migrating to a Proof-of-Stake consensus algorithm. More specifically, it runs the BPoS (Block-Proof of stake) consensus algorithm, a Byzantine Fault-Tolerant variant of the PoS algorithm.
TON consists of two major chains known as masterchains and workchains. Masterchains are the central coordinators of the networking managing validator nodes while workchains handle requests from smart contracts and dApps. On TON, workchains are split into multiple shards that each complete different tasks for more efficient transaction processing.
Web3 Services on TON
While TON specializes in financial applications, it also provides other services such as
- TON Storage is a decentralized file storage system based on peer-to-peer file-sharing technology. It allows users to upload and retrieve data globally with unique file IDs.
- TON Domain Name Service (DNS) converts TON wallet addresses to human-readable names
- TON Proxy securely and privately connects developers with applications on the blockchain. Users can also launch web servers on the TON blockchain via TON Sites.
What is Toncoin?
Toncoin (TON) is the native token of The Open Network, used for transaction fees, staking, and governance. It powers the TON ecosystem, with validators and stakers receiving TON rewards for protecting the network. It also has an on-chain governance platform for TON holders to submit improvement proposals.
Where can you buy Toncoin?
TON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Toncoin is Gate.io, where the most active trading pair TON/USDT has a trading volume of $6,120,204.30 in the last 24 hours. Other popular options include Bitget and OKX.
What is the daily trading volume of Toncoin (TON)?
The trading volume of Toncoin (TON) is $362,201,408.13 in the last 24 hours, representing a -8.40% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Toncoin (TON)?
The highest price paid for Toncoin (TON) is BTC0.0001683, which was recorded on Jun 15, 2024 (3 months). Comparatively, the current price is -32.10% lower than the all-time high price.
What is the all-time low for Toncoin (TON)?
The lowest price paid for Toncoin (TON) is BTC0.00001015, which was recorded on Sep 21, 2021 (almost 3 years). Comparatively, the current price is 979.10% higher than the all-time low price.
What is the market cap of Toncoin (TON)?
Market capitalization of Toncoin (TON) is BTC225,257.0297 and is ranked #10 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TON tokens (2.5 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Toncoin (TON)?
The fully diluted valuation (FDV) of Toncoin (TON) is BTC454,677.2262. This is a statistical representation of the maximum market cap, assuming total number of 5.1 Billion ETH tokens are in circulation today.
How does the price performance of Toncoin compare against its peers?
With a price decline of -3.60% in the last 7 days, Toncoin (TON) is underperforming the global cryptocurrency market which is up 3.40%, while underperforming when compared to similar Layer 1 (L1) cryptocurrencies which are up 7.90%.
Toncoin Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
|
$5.60 | 0.02% | $17,882,994 | $18,229,894 | $6,107,126 | 1.69% |
Recently
|
|||
| 2 |
CEX
|
$5.60 | 0.02% | $2,810,469 | $1,256,484 | $35,336,134 | 9.75% |
Recently
|
|||
| 3 |
CEX
|
$5.60 | 0.02% | $1,946,238 | $1,432,815 | $23,951,807 | 6.61% |
Recently
|
|||
| 4 |
CEX
|
$5.60 | 0.02% | $1,186,397 | $1,356,276 | $1,212,146 | 0.33% |
Recently
|
|||
| 5 |
CEX
|
$5.60 | 0.09% | $2,627,977 | $5,734,722 | $42,745,065 | 11.79% |
Recently
|
|||
| 6 |
CEX
|
$5.60 | 0.06% | $3,751,913 | $1,694,552 | $1,701,203 | 0.47% |
Recently
|
|||
| 7 |
CEX
|
$5.60 | 0.02% | $850,565 | $561,252 | $7,858,287 | 2.17% |
Recently
|
|||
| 8 |
CEX
|
$5.61 | 0.02% | $168,791 | $325,685 | $16,221,333 | 4.48% |
Recently
|
|||
| 9 |
CEX
|
$5.60 | 0.02% | $350,760 | $339,374 | $2,700,523 | 0.75% |
Recently
|
|||
| 10 |
CEX
|
$5.60 | 0.04% | $643,065 | $653,072 | $763,057 | 0.21% |
Recently
|
|||
Toncoin Latest News
Toncoin Guides
Or check it out in the app stores
