BTCC/ Crypto Prices / Toncoin (TON)
Toncoin

Toncoin Price TON

AUD
A$2.00
-A$0.029677 -1.46%
1D7D1M3M1Y YTD All

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Toncoin Today's Price

The real-time price of Toncoin today is A$2.00(TON/AUD), with a market capitalization of A$4.96B AUD. The 24-hour trading volume is A$89.67M AUD. The price of TON to AUD updates in real time. Over the past 24 hours, Toncoin has changed by -1.46%, with a circulating supply of 2.45B.

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About Toncoin

What is Toncoin (TON)?

The Open Network (TON) is a Layer-1 blockchain that aims to provide speed, scalability and user-friendliness, and its native cryptocurrency is Toncoin. Initially unveiled by Telegram in 2018 under the name Telegram Open Network, the initiative aimed to introduce blockchain technology directly to its enormous worldwide user base. Following Telegram’s withdrawal due to legal issues, the project was relaunched as The Open Network and has continued to grow.

Thanks to its close integration with Telegram, a globally popular messaging platform, TON stands out among blockchains that struggle to attract real users. This link positions Toncoin as a platform for widespread blockchain adoption, which could benefit countless individuals.

Toncoin is involved in many different parts of the ecosystem. It powers transaction fees, network security (through staking), governance, smart contracts and decentralised apps. Sending Toncoin could one day be as simple as sending a sticker on Telegram, reflecting the long-term goal of making blockchain functionalities as smooth as regular chat functions.

How are Toncoin and TON different?

The Open Network (TON) is a decentralized blockchain platform that uses a masterchain and several shardchains in its multi-layered design. This design allows for the simultaneous processing of millions of transactions, achieving high scalability, efficiency, and usability. TON uses a consensus methodology called Proof of Stake (PoS), whereby users stake tokens to verify transactions and secure the network.

Within the TON ecosystem, Toncoin — the native cryptocurrency of The Open Network—operates as both a governance and a utility token. Token holders can participate in decision-making processes related to network upgrades and policies. Toncoin also covers transaction fees and helps smart contracts and decentralized apps (dApps) run. Staking Toncoin tokens enables users to participate in the network’s PoS consensus mechanism, meaning they can receive rewards while helping to secure the network.

Toncoin is a key component that enables the network to function and encourages validator engagement. TON represents the broader technological framework and ecosystem.

How to buy Toncoin?

The easiest way to buy Toncoin is through a crypto exchange like BTCC. BTCC makes purchasing Toncoin easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first Toncoin purchase, register with BTCC today!

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Toncoin FAQ

Why is Toncoin going up?

Toncoin's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.

 

Is Toncoin a promising investment based on its price history?

Toncoin(TON) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.

When will Toncoin crash again?

Predicting the exact timing of a Toncoin crash is impossible, as the market is influenced by a lot of factors, such as global economics, regulation, and investor sentiment.

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Toncoin’s all-time low (ATL)?

The Toncoin All-Time Low (ATL) price was 0.39061681567469, recorded on 2021-09-20 12:40. This represents the lowest price for Toncoin(TON) on record.

 

 

What was Toncoin’s all-time high (ATH)?

The Toncoin All-Time High (ATH) was A$11.70, which was recorded on 2024-06-15 00:35, representing the highest price Toncoin has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live TON price for the most up-to-date information.

How many Toncoin are there?

Toncoin(TON) currently records a circulating supply of 2.45B, and its maximum supply is capped at ∞.

 

What is the current market cap of Toncoin(TON)?

The current market cap of Toncoin(TON) is A$4.96B. The market cap of a cryptocurrency means its total circulating supply multiplied by its current price.

What is Toncoin's 24h trading volume?

Toncoin's 24h trading volume is A$89.67M, representing the total value of all Toncoin(TON) bought and sold across exchanges over the past 24 hours.

What is the current price of Toncoin(TON)?

The current Toncoin price is A$2.00. As the TON price fluctuates constantly, BTCC provides real-time TON to USD prices that can be accessed at the top of our crypto price page.

How to Buy Toncoin: A Complete Guide?

Toncoin can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a famous crypto futures exchange, BTCC offers over 360 futures contracts with flexible leverage of up to 500x, including TONUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.