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RCO NEWS Daily world news agency Based on Dubai, UAE > Blog > Technology > cryptocurrency > What is the future of Tooncoin? Is TON worth the investment?
cryptocurrency

What is the future of Tooncoin? Is TON worth the investment?

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Last updated: 2024/10/20 at 6:06 AM
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Contents
The future price of your coinToncoin price prediction in 2024 to 2030Toncoin price prediction in 2024Toncoin price prediction in 2025Toncoin price prediction in 2026Toncoin price prediction in 2027Toncoin price prediction in 2028Toncoin price prediction in 2029Toncoin price prediction in 2030The future of Tooncoin from the point of view of analysts and reliable sourcesDigitalCoinPriceTelgaonCoincodexPrice predictionCoinpediaWhat factors affect the future price of TonCoin? Application expansion and network developmentAcceptance and useGeneral market sentimentLegislation and government policiesWhat is Toncoin? Frequently asked questionssummary

Since its launch, Toncoin has proven itself as a popular currency with real applications. In particular, with the growth of the TON blockchain ecosystem and the explosion of Telegram games, the adoption of TON cryptocurrency has experienced explosive growth. Now, the emergence of hundreds of mini-applications on the platform of Telegram and blockchain has made many investors eager to know the future of the token coin. In this article, while examining the historical floors and ceilings of TON currency, we predict the future price of TON Coin.

Please note that this article is not a recommendation to invest in Toon Coin. As we have always said, before investing in any digital currency, thoroughly check its risks and do your research.

Read more: What is Toncoin? Everything about Telegram digital currency

The future price of your coin

Ton Coin, which was released in 2018 on the Ton blockchain platform as the native currency of this network. This digital currency now plays an important role in the crypto industry. Tone Coin attracted a lot of attention after investing in one of the largest American hedge funds and venture capitalists, Pantera Capital.

TON digital currency currently has a total supply of 5,109,356,054 units in August 1403, of which 2,514,867,350 units are in circulation and with a market value of 17,779,501 682 dollars is the 9th best digital currency in the market.

ToneCoin digital currency is currently trading in the range of $7 and has grown by nearly 393% this year alone. With this growth, Toncoin has been able to place itself among the top 10 currencies in the market in terms of market value. This has attracted the attention of investors to the roadmap of this digital currency to reach the price of 10 dollars. If you are one of these people, don’t miss the future prediction of the token price from 2024 to 2030 in the rest of this article.

yearPotential price floorAverage price potentialPotential price ceiling
2024$5.12$9.66$14.20
2025$9.26$14.45$19.65
2026$13.59$19.83$26.08
2027$17.55$25.19$32.84
2028$24.69$31.94$39.19
2029$30.21$38.92$47.63
203025.9941.3856.77

Toncoin price prediction in 2024 to 2030

Toncoin had many ups and downs in July 1403 and reached a historic high of $8.08 on July 3, 2024 (July 13, 1403). Even though the current price of 7 dollars of TON currency has slightly decreased compared to last month (on 7.173 dollars), but since the beginning of this year, it has given 393% profit to its investors.

Toncoin price chart – August 1403

According to forecasts, if market sentiments remain positive, as well as increased developer activity on the Ton network, the TonCoin digital currency can reach potential highs of $14.2 and $19.65 by the end of 2024 and 2025, respectively.

For the year 2030, in case of the predicted growth of the blockchain space and the strategic updates of Tone Coin, this digital currency can realize the price of $56.77.

Toncoin price prediction in 2024

If the TON blockchain is able to carry out major updates or register important collaborations and investments such as cooperation with Pentra Capital once again, the price of TON Coin with the predicted potential growth can reach $14.2 by the end of 2024. .

On the other hand, pessimistic forecasts suggest that stricter regulations or the start of a major downtrend could push the price of TonCoin to a low of $5.12 this year. In this case, the average price of this first tier altcoin will be $9.66.

Toncoin price prediction in 2025

Assuming that we have an upward year ahead, the future of Toon Coin in 2025 looks optimistic; The increasing adoption and use of TON digital currency could lead to a new historical price cap of $20.

On the other hand, if the crypto industry experiences a downward trend, the price of TonCoin will reach the bottom of $9.26 in 2025. In this case, the average transaction price of this digital currency will be in the range of $14.45.

Toncoin price prediction in 2026

Based on the predicted prices and evaluations based on technical analysis, the price of Toncoin will reach the bottom of $13.59 in 2026. The price ceiling of this digital currency this year is 26.08 and its average transaction price is 19.83 dollars.

Toncoin price prediction in 2027

For 2027, the price floor of TON currency is predicted to be in the range of $17.55 and its ceiling to be $32.84. An average price of $25.19 has also been considered for the future of TonCoin in 2027.

Toncoin price prediction in 2028

The price of TonCoin in 2028 can reach a low of $24.69 and a high of $39.19 and trade at an average price of $31.94. The realization of these predictions depends on market conditions and general price trends, as well as the development status of your blockchain.

Toncoin price prediction in 2029

In 2029, if the price of Toincoin falls, it will probably see a floor of $30.21; But if the price is bullish, TonCoin can be traded at a potential ceiling of $47.63. The average price of this digital currency for this year is also predicted to be 38.92 dollars.

Toncoin price prediction in 2030

In 2030, TONCOIN digital currency can be traded at an average price of $41.38, between a low of $25.99 and a high of $56.77.

The future of Tooncoin from the point of view of analysts and reliable sources

Paying attention to various forecasts from reliable sources is vital to making an informed decision about buying and selling TonCoin. In the continuation of this episode, we will examine the analyzes of some reliable sources about the future of TON.

Company name202420252030
Wallet Investor$7,643$10,956–
PricePrediction (priceprediction.net)$2.95$4.67$31.77
DigitalCoinPrice (DigitalCoinPrice)$14.9517.4651.48

DigitalCoinPrice

DigitalCoinPrice’s prediction of the future of Toon Coin in the coming years is $14.08. This site has predicted that by the end of 2024, the price floor of TonCoin will be $2.89, the average price will be $3.44, and the price ceiling will be $3.49.

Also, according to Digital Coin Price, the floor, average and ceiling of TonCoin price for 2030 are $13.11, $13.76 and $14.08, respectively.

Telgaon

The Telegaon site has a different opinion about the future of Tooncoin and has acted more optimistically. The team of this website believes that for 2024, the price of TON can reach a range between $5.32 and $7.91. Until 2030, this website predicts a huge growth for TonCoin, considering its price in the range between $24.53 and $30.71.

Coincodex

CoinCodex’s approach revolves around the growth of the technology sector and provides a unique perspective compared to other analysts. According to the forecast of Coin Kids, the price of TonCoin in 2024 will be between $1.688339 and $5.07.

With a 724.73% growth from previous levels, the website predicts a range of $2.16 to $11.25 for the TON currency in 2025. For 2026, Coin Kids expects the price of TonCoin to trade at $24.95 with nearly 2000%, and if it decreases, its price will reach $2.77.

Price prediction

PricePrediction.net’s analysis of the future price of TwinCoin is that TON will have a price between $3.87 and $4.49 in 2024. The site’s most optimistic forecast for 2030 is in the range of $37.33 to $44.05.

Coinpedia

The CoinPedia site has depicted a bullish outlook for this digital currency by analyzing the price action of Toon Coin in smaller and larger timeframes. According to this analysis, if the positive sentiment in the market is maintained, TonCoin can end 2024 at a price of $14.2. But if the market goes down, there is a possibility that the price will reach 5.12 dollars. The average price for 2024 is also predicted in the range of 9.66 dollars.

What factors affect the future price of TonCoin?

As you know, the cryptocurrency market reacts to various factors like any other financial market. Factors such as the global economic situation, financial and monetary policies of governments, especially the US government, and legislation in the field of digital currencies in different countries are among the factors that can be considered in the category of fundamental factors affecting the crypto market.

The sum of these factors and things like the comments of influential people and the movements of crypto whales, which affect the entire digital currency market, undoubtedly have an effect on Tone Coin and its future price. On the other hand, there are factors that can be considered specific to Toncoin currency; Things like accepting the TON blockchain and the TON coin currency and expanding the TON ecosystem. In the following, we examine the most important of these factors.

Application expansion and network development

The increase in development in the TON network and the developers’ acceptance of it can cause the expansion of the TON ecosystem and result in an increase in the price of TON Coin. With increasing attention to this ecosystem, the demand for Toncoin, which is its main currency and engine fuel, will lead to an increase in its price. For example, Tun Foundation’s collaboration with Telegram messenger to build a Web 3 ecosystem caused a 90% growth in the price of this digital currency in just one month.

Acceptance and use

TON Coin currency is used as the main fuel of the TON ecosystem to pay transaction fees in services such as TON Storage and TON DNS. But expanding its use and accepting it in other platforms or even the real world can lead to an increase in its price. Also, more users joining this ecosystem and their use of Toon services and apps, such as Telegram mini-applications, will probably increase the demand to buy Toon Coin and thus its price.

General market sentiment

As with any other digital currency, the general sentiment of the crypto market can have a huge impact on the price of TON. Positive news about this digital currency or the entire market can lead to increased investments and the growth of the price of this token.

Legislation and government policies

The rules of digital currencies also affect the price of TonCoin. These laws, which result from government policies towards the crypto industry, include positive and negative news in this field. Legislation in favor of digital currencies increases the confidence of investors, while restricting users in this area causes investors to fear and money flees from the digital currency market.

What is Toncoin?

The Open Network (The Open Network) or the open network, which is called TON for short, is a comprehensive decentralized internet platform that consists of various components, including the TON Blockchain, TON Storage, and the TON Domain Name System. DNS) and Ton Sites (TON Sites).

Applications of your network

The Toon blockchain integrates these separate parts into a main and central element and builds the integrated Toon ecosystem. This network aims to improve interactivity in a secure and scalable environment and aims to support hundreds of millions of users and manage millions of transactions per second.

Known for its fast, cheap and cost-effective transactions, this blockchain was founded in 2018 by Nikolai Durov and Pavel Durov. Toncoin is actually the main fuel of this layer one and community-oriented blockchain.

Frequently asked questions

How to sell Toncoin?

To sell TonCoin, you can transfer your balance to an Iranian or foreign exchange and then convert it to Rials or Tether. Also, you can convert your balance to Tether in Toon network decentralized exchanges.

Where can we buy Tuncoin?

TonCoin can be bought from Iranian and foreign exchanges or from decentralized exchanges. The best and fastest way is to visit the Toon Coin purchase page on the Erzdigital website.

How much is the transfer fee of TonCoin?

Blockchain Ton fee for transfer is very low and around 0.005 TON. Your network says that the transaction fee in this network will not be more than $0.01.

summary

Despite having a shaky start in 2024, ToneCoin has grown significantly so far and has delivered nearly 400% of profits to its investors to date. The Telegram messaging app, which has nearly 800 million users and is the most important platform in the Toon ecosystem, launched its internal wallet in 2023, which increased the use and acceptance of Toon Coin. With the increase of strategic updates that will strengthen the application and demand to buy TON, we can look forward to the long-term growth and bright future of TON Coin.

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TAGGED: Future, Investment, TON, Tooncoin, worth
RCO News October 20, 2024 October 20, 2024
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