Toncoin (TON) Had Relative Positive Growth in 2022, Will This Year Be Better?

1 year ago 75

article image

Godfrey Benjamin

Toncoin (TON) among highflyers this twelvemonth and up 2.7% to $2.3

Disclaimer: The sentiment expressed present is not concern proposal – it is provided for informational purposes only. It does not needfully bespeak the sentiment of U.Today. Every concern and each trading involves risk, truthful you should ever execute your ain probe anterior to making decisions. We bash not urge investing wealth you cannot spend to lose.

Toncoin (TON), the autochthonal integer currency of the Telegram Open Network, is among the apical performers of 2022 arsenic the coin had a precise bullish year relative to different cryptocurrencies successful the space. The integer currency is trading astatine $2.3 atop a 2.70% maturation implicit the past 24 hours and is up 27% implicit the past month.

The maturation and popularity of Toncoin is 1 that has gotten the assemblage riled and expectant. Over the past year, Toncoin has grown to go the 23rd-largest cryptocurrency by marketplace capitalization, coming disconnected arsenic 1 of the astir influential altcoins successful the crypto wintertime year.

By examination to different integer currencies, TON has maintained awesome growth, rising by arsenic overmuch arsenic 54% arsenic of mid-December aft floating anonymous telephone numbers for usage connected Telegram. In 2022, TON closed the twelvemonth astatine a nonaccomplishment of 38.7%, a fig that is awesome erstwhile compared to the 65% for Bitcoin (BTC).

Toncoin's maturation is massively hinged connected its ecosystem diverseness and growth as good arsenic the adjacent nexus of the cryptocurrency to the Telegram societal media platform. With the mode the coin entered this twelvemonth connected a bullish note, galore retail investors are enthusiastic to spot however acold the coin volition turn this year.

Pushing Telegram ideology

Toncoin (TON) was archetypal the brainchild of the Telegram improvement team, but the aviator task and its Gram token proposition were abandoned pursuing the U.S. Securities and Exchange Commission's (SEC) crackdown connected the project.

Despite handing implicit the task to the TON Foundation, the underlying ideology has ne'er been watered down. Today, galore exchanges are opening to align with this ideology, arsenic seen successful the high-level listing of TON today.

This year, Toncoin is bound to spot unsocial highs that volition beryllium tied to the maturation of Telegram arsenic a level arsenic the precedents to this push were acceptable past year.

Read Entire Article