- Toncoin (TON) price prediction ranges from $1.3537 to $2.5219.
- Analysis suggests that the TON price might reach above $2.5 soon.
- The TON bearish market price prediction for 2022 is $0.9783.
There are other digital currencies besides Bitcoin (BTC) and Ethereum (ETH) that people who want to diversify their portfolios and learn more about cryptocurrencies should consider. Toncoin (TON) is one of them.
The Open Network, or TON, is a one-of-a-kind community-driven blockchain with much to offer. Telegram founded TON to onboard billions of users and enable speedy, cheap, and energy-efficient blockchain transactions. Every function was designed with ordinary consumers in mind.
If you are interested in the future of TON and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030 – keep reading!
What is Toncoin (TON)?
The Open Network (TON) is a decentralized Layer 1 blockchain network, and its native token is Toncoin (TON). Toncoin (formerly known as Gram) can be used with the TON blockchain’s proof of stake (PoS) consensus process to pay transaction fees, settle payments, and validate transactions.
The TON ecosystem was built to accommodate millions of users conducting regular transactions, and TON aims to serve the average consumer instead of the investors who utilize Bitcoin and Ethereum. It is planned to be included in user-friendly software, allowing users to purchase, send, and store coins rapidly.
TON’s adaptable framework is a major benefit. Because of its cross-shared contacts, the Open Network is high-speed and scalable, and its transactions are processed almost instantly. Thanks to its implementation of dynamic sharding and work chains, TON can successfully validate and process millions of transactions per second. Therefore, TON can expand indefinitely without degrading efficiency thanks to its adaptable design.
The TON network is a proof of stake (PoS) network. Toncoin is used to validate transactions and reward validators. Nominators receive incentives by lending their tokens to validators. They must join a pool and stake assets to lend tokens. Smart contracts are used to manage both nominators and validators.
At TON, safety is a top priority. While TON provides numerous capabilities, such as TON DNS and TON Proxy, to make the network and its features more accessible, it also actively tries to ensure the safety and integrity of each transaction. For example, TON rewards anyone who discovers security flaws in the blockchain with a security bug bounty.
Toncoin can also be used to affect the network’s future development. Because the Open Network is a decentralized autonomous organization (DAO), users who own the blockchain’s native token can vote on proposed changes to the blockchain or ecosystem. This fosters a sense of community while also encouraging continual growth and innovation. The current governance programme at TON employs a simple voting approach that ensures every user has an opportunity to be heard.
Toncoin (TON) Current Market Status
Toncoin (TON) is now trading at $1.65, with a total market capitalization of $2,029,014,496.94 at the time of writing. According to CoinMarketCap, Toncoin is ranked 31st in terms of market capitalization. In addition, the price has decreased by 12.51 percent in the past 24 hours. The 24-hour trading volume of Toncoin has increased by 36.59 percent to $41,190,775.02.
Toncoin can be traded on major cryptocurrency exchanges, including FTX, Huobi Global, Kucoin, Gate.io, and Uniswap.
Toncoin (TON) Price Analysis 2022
Toncoin is well-known for its pragmatism and emphasis on efficiency. The goal is to make it as simple as possible for the end user to utilize the token. The TON development community has also worked hard to incorporate many complex features that distinguish the token from other cryptocurrencies. Will Toncoin’s (TON) most recent improvements, additions, and modifications help the TON price rise? First, let’s focus on the charts in this article’s TON price forecast.
Toncoin (TON) Price Analysis – Keltner Channel
The Keltner Channel may be used to identify a trend when the asset’s price is plotted between two volatility bands. Toncoin (TON) price may be predicted using Keltner Channel indications for TON/USDT. Toncoin is in the channel’s second half, meaning more people are selling TON. Waiting for a few retrace candlesticks can increase the reward-to-risk ratio and provide investors with a better risk-free situation.
Toncoin (TON) Price Analysis – Relative Strength Index
The value of the 1-day chart is 35.72. The RSI value is under 50, indicating more sellers are selling TON rather than buying it, according to the reading of the RSI indicator. The price went back after reaching the RSI level of 93.19, known as the overbought zone, and is now trading at $1.6478. But for a better risk-to-reward ratio, investors should consider a few confirmation candlesticks and patterns before investing or entering the trade.
Toncoin (TON) Price Analysis – Moving Average
A 4-Hour Toncoin (TON), 200-day, and 50-day Moving Averages (MAs) chart is displayed above. The above chart demonstrates that TON is trading above the 200-day and 50-day moving averages.
However, TON is trying to retest the 50-day moving average at the time of writing. If that happens, we can see bearish movement for TON. Investors might improve their risk-to-reward by waiting for a few confirmation candles and patterns before making a trade.
Toncoin (TON) Price Prediction 2022
The daily chart of TON/USDT shows that TON broke out of the previous resistance, and now, the previous resistance is acting as a strong support level. Moreover, if TON breaks out of the current upper trendline and rises higher, it can reach $2.6 and rise higher. Therefore, Toncoin (TON) price prediction for 2022 is still bullish.
Toncoin (TON) Price Prediction – Resistance and Support Levels
In the Toncoin 1-Day chart, Toncoin fluctuated between $1.20 to $1.98 within the previous 30 days. However, TON’s downfall was 13.9% within the past 24 hours. If Toncoin tends to fall deep, Toncoin might reach the support 2 level of $1.1794, and breaking that support level might lead to $0.9783.
TON might reach the prior resistance level of $2.0370 if the bulls can regain their footing in the present bearish market and push the price higher.
Toncoin (TON) Price Prediction 2023
There is a chance that Toncoin (TON)’s RSI will be above 70 by the end of 2022, indicating a strong bullish trend that should see prices over $2.0370 by 2022. Therefore, we should anticipate a minimum TON price increase of $2.3508 by the end of 2023.
Toncoin (TON) Price Prediction 2024
The Bitcoin supply will be cut in half by 2024. Consequently, we should anticipate a favorable market trend due to user sentiment and investors’ desire to acquire more of the coin. Due to the impact of Bitcoin’s price swings on the value of other cryptocurrencies, it is reasonable to anticipate that TON will be worth at least $2.8057 by 2024.
Toncoin (TON) Price Prediction 2025
If most cryptocurrencies can overcome psychological barriers after Bitcoin’s price halves in 2024, we can expect TON to trade at a premium to its 2024 pricing. As a result, TON may be worth roughly $3.3021 by the end of 2025.
Toncoin (TON) Price Prediction 2026
As more and more institutional investors flock to the TON platform, the cryptocurrency price will likely fall after a prolonged bull run ends in 2026. It would be a significant reversal of the trend, suggesting that the price of TON may reach $3.8274 by 2026, even though the coin has generally depreciated during the same period.
Toncoin (TON) Price Prediction 2027
The halving of Bitcoin in 2028 will likely trigger a bull market. As a result, if investors remain hopeful, the price of TON may continue to rise and breach previously established hurdles. Toncoin (TON) may be worth $4.4122.
Toncoin (TON) Price Prediction 2028
Bitcoin will be halved in 2028, and it is anticipated a bullish run could happen before the market settles down in 2027. As a result, TON’s potential ATH value of $4.6018 by 2027’s end is still being determined.
Toncoin (TON) Price Prediction 2029
By 2029, the majority of cryptocurrency values may have been stable for nearly a decade, owing to the application of lessons learned to secure the sustained faith of investors in the project. Because of this effect and the additional price increase that occurs a year after Bitcoin’s price halves, the price of TON might reach $4.9086 by 2029.
Toncoin (TON) Price Prediction 2030
The cryptocurrency market was stable because early investors held on to their assets so they would take advantage of future price gains. By the end of 2030, the price of Toncoin (TON) could be around $5.2000, despite the bearish market that followed a market boom in the early years.
Conclusion
TON might reach $2.0370 in 2022 and $5.2000 by 2030 if investors decide that TON is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
The Open Network (TON) is a decentralized Layer 1 blockchain network, and its native token is Toncoin (TON). Toncoin (formerly known as Gram) can be used with the TON blockchain’s proof of stake (PoS) consensus process to pay transaction fees, settle payments, and validate transactions.
The TON ecosystem was built to accommodate millions of users conducting regular transactions, and TON aims to serve the average consumer instead of the investors who utilize Bitcoin and Ethereum. It is planned to be included in user-friendly software, allowing users to purchase, send, and store coins rapidly.
TON can be traded on many exchanges like other digital assets in the crypto world. FTX, Huobi Global, Kucoin, Gate.io, and Uniswap are currently the most popular cryptocurrency exchanges for trading TON.
TON is a good investment for 2022 because it gives investors several ways to make money off of their crypto holdings. Notably, TON has a high possibility of surpassing its current ATH in 2030.
Few crypto assets are still appreciating, but TON is among the ones rising in value. As long as this bullish trend continues, TON might break through $2 and reach as high as $3. Of course, if the current market favoring crypto continues, it will likely happen
Toncoin is well-known for its pragmatism and emphasis on efficiency. The goal is to make it as simple as possible for the end user to utilize the token. The TON development community has also worked hard to incorporate many complex features that distinguish the token from other cryptocurrencies. We may also conclude that TON is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.
The lowest price of TON is $0.3906, attained on September 20, 2021.
TON was launched in April 2021.
Nikolai Durov and Pavel Durov co-founded TON.
The maximum supply of TON is 5,000,000,000 TON.
TON can be stored in a cold wallet, a hot wallet, or an exchange wallet.
TON price is expected to reach $2.3508 by 2023.
TON price is expected to reach $2.8057 by 2024.
TON price is expected to reach $3.3021 by 2025.
TON price is expected to reach $3.8274 by 2026.
TON price is expected to reach $4.4122 by 2027.
TON price is expected to reach $4.6018 by 2028.
TON price is expected to reach $4.9086 by 2029.
TON price is expected to reach $5.2000 by 2030.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
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