What’s Toncoin? History Guide, Used and Future Trends

Toncoin approaches the key zone and the right time is to learn about it Layer-1 Detailed block for investors who are interested in this token.

In this article we will learn what Toncoin (Tons) As it works, which Toncoin is used for the history of TonCoin price and all important information about the cryptocurrency tons.

What’s Toncoin?

Open network, decentralized block network that first created a telegram, has Toncoin Cryptocurrency as his domestic cryptocurst. In order to submit millions of transactions per second, ton is fast, safe and scalable. The network uses TonCoin for putting and transaction fees and as a fundamental money for several tons applications.

TonCoin (tone) Authorization of open network ecosystems using transaction fees, network commitment and network management participation. Supports a wide selection of decentralized services and applications (DAPPS) within the network, including non-functional tokens (NFTS), decentralized finances (Defi) and more. The tone is trying to establish as a sustainable participant in a variable blockchain market with a strong community and a comprehensive plan.

How does Toncoin work?

TonCoin was created to offer a fast, secure and reliable decentralized payment system and allows telegram transaction in applications. Although the payment was the original reason for the development of tone ClockcAin and Tone Kryptočarca, now developed in a complete ecosystem that supports anonymous domain systems, DAPPS and decentralized storage.

The network validators were chosen according to how much token sinks that parties because TonCoin has a process of consensus evidence. By processing transactions and adding them to the BlockCain, these validators maintain the reliability and network security. Toncoins can set users to finance the network and receive incentives.

The tone controls a virtual computer that controls the network status and allows you to communicate between network contracts and other applications. The network enables decentralized financial projects to implement its solutions. According to official sources, there were over 700,000 active accounts online, with this writing, with creating over 3 million accounts, an increase of 143% from a year ago. The fact that the tone associated with the telegram may have contributed to its noticeable use.

What is Toncoin used for?

TonCoin performs different tasks within the open network ecosystem. Some of the key characteristics that users can benefit are:

• Without the use of medium intermediaries, the TON transactions of Peer-to-Peer (P2P) allow quick and secure payments between users.
• Dealing votes on proposals that affect the growth of platform and future course, the owners of tonal tokens can participate in open network management.
• By participating in various tonnal ecosystem activities, such as contribution to projects, creating content or service, developers and users and users can earn toncoin.
• Open networks of DAPPS functioning is developed on Tony Blockece, which often relies on smart contracts for their basic functionality, using its home cryptocurrency, ton, as a service token.
• Customers pay a transaction fee to perform transactions on the ton chain. This cost is designed to compensate for validators for their efforts to confirm transactions.
• By picking up their tone tokens, users can participate in network security. Stakeholders get tons of tokens from a project in exchange for their contributions.

Ton price analysis

Ton token was a witness for his time 3 years in 2021. years to $ 0.5,194, after which the Bear Market 2022. Year in Cripto and hit it from $ 8.25, 15. June 2024.

As you can see on the chart, tonnie card tried to recover all times $ 8.25, but failed to do so, and after a $ 7.2 level, it collapsed at almost 150% in price.

At the time of writing, the written coins are traded at $ 3,833 with a $ 9.55 billion market and a 24-hour volume of 148.22 million dollars.

According to the current scenario and the price, the tone is a little bear, however, it currently accumulates only above the main demand zone. The price can or may not fill the day of the daylight and continue to rise near the $ 5 level in which the first resistance and price can be pushed off that level.

It should be noted that any tone price prediction and any other cryptocurality is very speculative and it is advisable to make your research before you enter any token.