Toncoin
TON
$2.80

Sector

PoS

Exchange Debut

2021-08-27

Market Cap

9,704,818,866

Maxim Supply

Circulating Supply

3,467,996,666

Circ. Supply(%)

Toncoin

Toncoin

TON

Price

$2.80

Market Cap

Sector

Exchange Debut

9,704,818,866
2021-08-27

Volume 24h

High 24h

Low 24h

137016449
2.794981264045
2.446325590206

Change 24h

Change 7d

Change 30d

4.559
35.0029
29.8686

Maxim supply

Circulating supply

Circulating supply(%)

3,467,996,666

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Toncoin cryptocurrency:

Toncoin, the native cryptocurrency of The Open Network (TON), has shown promise with a final score of 7.06 out of 10 in our fundamental analysis of the Toncoin cryptocurrency. This proof-of-stake blockchain, originally developed by Telegram and now supported by the TON Foundation, offers fast, transparent, and secure payment services with minimal fees and third-party applications, contributing to its favorable score.

SOCIAL & MASS MEDIA: Score 7.7 out of 10

Toncoin demonstrates an impressive ability to attract followers on social media and maintain high media presence, reflected in perfect scores for these areas. However, community activity on social platforms and social media management could see improvement, affecting the overall score of this criterion in the fundamental analysis of the Toncoin cryptocurrency.

AUDIT & SECURITY: Score 8.63 out of 10

With high marks in audit results and transparency of public information, Toncoin proves to be a relatively secure investment. Nevertheless, its liquidity on exchanges could benefit from enhancement, somewhat dampening the overall score in this category.

TOKENOMICS: Score 5.95 out of 10

In the token economy analysis, Toncoin faces challenges with its inflation rate and centralization of the monetary mass. Continued efforts towards a more balanced economy would be beneficial for this aspect of the fundamental analysis of the Toncoin cryptocurrency.

ECOSYSTEM DEVELOPMENT: Score 7.8 out of 10

Toncoin shines in its achievement of objectives and plans for future development, indicating a well-structured and forward-thinking ecosystem. This gives investors confidence in the project’s future prospects.

TEAM & DEVELOPERS: Score 4.2 out of 10

The experience level of the team and number of software developers could use improvement. Strengthening the team would undoubtedly boost Toncoin’s score in future evaluations.

PRODUCT & UTILITY: Score 7.6 out of 10

The utility of Toncoin’s product and its tokens in the ecosystem fare well in our assessment, demonstrating their relevance in the blockchain market. Continued enhancements in these areas can further boost this score.

PARTNERS & INVESTORS: Score 6.5 out of 10

While Toncoin has a decent number of investors and partners, increasing both the quality and quantity in this area will further solidify its position in the market.

Fundamental analysis of the Toncoin cryptocurrency – The final conclusion

The fundamental analysis of the Toncoin cryptocurrency yields a promising score of 7.06 out of 10. Although the team composition and token economy require further improvements, Toncoin’s secure network, planned developments, and strong media presence position it as an investment worth considering. However, like any cryptocurrency investment, potential investors should proceed with caution, given the inherent volatility and risk. The continued development and adoption of Toncoin, combined with efforts to strengthen its weaknesses, could significantly enhance its investment potential moving forward.

What is Toncoin?

Overview of Toncoin

Toncoin (TON) is a community-driven, decentralized layer-1 blockchain initially established by Telegram and later adopted by the TON Foundation. This blockchain, formerly known as the Telegram Open Network, focuses on creating a comprehensive ecosystem featuring decentralized storage and services, domain name system, instant payments, and quick transaction processing. The mission aligns with the fundamental analysis of the Toncoin cryptocurrency.

Key Features and Uniqueness

TON’s distinctiveness lies in its high-speed transaction processing, with the network achieving a world record of 55,000 transactions per second (TPS) in September 2021. The network’s architecture employs the principle of sharding for scalability and efficiency, preventing the accumulation of unverified blocks and speeding up tasks. TON’s multi-level structure includes the master, work, and shard chains, each with a specific role.

Services Offered by TON

The TON platform delivers several services to its users. TON Wallets come in custodial and non-custodial types, offering an integrated function for fund transfers and platform interaction. TON Services enables the creation and access to various dApps through a user-friendly interface. TON Storage ensures private encryption with the wallet owner’s private key. TON Proxy facilitates blockchain access via decentralized VPNs, and TON DNS makes it possible for traditional websites to operate within the TON network.

fundamental-analysis-of-the-toncoin-cryptocurrency

Toncoin - TON performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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