Will TON Hit $100? –Toncoin (TON) Price Prediction 2024, 2025, 2030

Toncoin (TON) is a decentralized layer-1 blockchain platform created by the cloud-based instant messaging service, Telegram. This guide will offer you the latest Toncoin price prediction for 2023, 2025 and 2030, and its potential prospects as a long-term investment.

The TON coin price prediction has always been a concern to the marketers and investors. At the end of this review, a clear picture will emerge as to how high the TON coin price will go.

Before diving into the TON crypto price prediction and discussing numbers that might get you bored for no reason at all, let us talk about the history and a basic overview of Toncoin in the market.

What is Toncoin (TON)?

Toncoin, also referred to as the Open Network, was first conceived by Telegram founders Pavel and Nikolai Durov in 2018.  It is a high-performing Layer 1 blockchain aimed at streamlining cryptocurrency payments directly on the Telegram platform.

In 2019 the SEC sued Telegram, accusing it of promoting an unregistered securities offering. By 2020, the case had been settled but the founders called it quits on the project. It was only in 2020 that a team of developers picked up the project again and resumed development.

Toncoin blockchain is fast, secure and scalable, capable of handling millions of transactions per second if necessary, and both user-friendly and service provider-friendly. The project aims to be able to host all reasonable applications currently proposed and conceived. One might think about TON as a huge distributed supercomputer, or rather a huge ‘superserver’ intended to host and provide a variety of services.

TON is the platform’s native token with an impressive range of use cases. It focuses on being convenient for any typical consumer, with simple integration through an easy application. TON can be used to pay transaction fees, both on-chain and cross-chain. It can also be used to pay for decentralized data storage and blockchain-based domain names (DNS).

Cryptocurrency	Toncoin
Token	TONCOIN
Price	$ 5.4124 -6.49%
Rank	15
Market Cap	$ 13.8B
24H Trading Volume	$ 913.6M
All-time High	$ 8.2748
All-time Low	$ 0.5239
24 High	$ 5.8301
24 Low	$ 5.3580
Cycle High	$ 7.1659 / 2024-12-04 07:44:53
Cycle Low	$ 4.4886 / 2024-09-06 21:05:00
Update Time	2024-12-19 09:45:55

Toncoin (TON) Technical Analysis

All financial markets use moving averages (MA), a well-liked indicator that smoothes price movement over a predetermined period of time. Since they are a trailing indication, past price activity has an impact on them. The simple moving average (SMA) and exponential moving average (EMA) are the two forms of moving averages shown in the table below.

Date Calculated:2023-12-14

Toncoin (TON) Price Performance

Here’s a quick recap of the price  performance in TON.

Toncoin (TON) Price History

After Toncoin’s launch, its price entered a consolidation phase that lasted until October of 2021, during which it remained quite stable.

At its all-time high in early November 2021, the price of the coin surged over $5. This happened following a staking event that the OKX cryptocurrency exchange had planned. As an incentive for staking their OKB tokens, one million TON coins were planned. However, prices quickly declined, therefore the ATH levels were temporary.

Toncoin went through a slump in 2022. It didn’t stop the coin from recovering from a $0.80 low in the middle of the year to a $2.40 high at the conclusion, proving its resilience.

TON fluctuated between $2 and $2.40 for a few months around the beginning of 2023.After encountering resistance at the $2.50 level in March 2023, Toncoin began a downward spiral. Under the 20/50/200 EMAs, it dropped. An exponential moving average is abbreviated as EMA. Imagine it as a method of following the price of an asset throughout time, but with a greater focus on the most recent prices.

To put it simply, a 20-day exponential moving average (EMA) is similar to a 20-day moving average, except it gives greater weight to prices from the recent few days. A negative bias was indicated at by this slide below the EMAs.

Toncoin displayed a double-bottom pattern on its daily chart not long after. Commonly interpreted as an indication that the present downtrend might turn around and become an uptrend, a double-bottom configuration resembles the letter ‘W’ on a chart. However, the sellers disproved this reversal pattern because the TON market maintained a strong bearish bias.

The outcome was a precipitous decline in price, which began on June 10 and continued throughout July, eventually bringing the price down to its lowest point in over a year, below $1.20.

The statement by Telegram that the TON Foundation will be constructing its Web3 ecosystem has caused the price of Bitcoin and other cryptocurrencies to soar, even though September is usually a bad month for the market.

With nearly 800 million users worldwide, Telegram is a massively popular messaging app—particularly in crypto circles. The TON Foundation developed the app’s crypto wallet feature, and projects built on the TON blockchain were given priority access to the messaging app’s advertising platform.

With most of those games occurring after the announcement on September 13, TON is up 86% in just one month.

Toncoin (TON) Price Prediction for Today, Tomorrow and Next Week

Toncoin Price Prediction 2024, 2025, 2030

Let’s quickly review some important details that provide a summary of the Toncoin price prediction.

Toncoin (TON) Price Prediction 2024

There are a number of variables that will affect Toncoin’s (TONNE) performance in 2024, but market momentum and the longevity of their Telegram collaboration are two of the most important.

If the current uptrend continues, TONNE might break the $3 barrier level and reach a price of $4.50. In the meanwhile, the $3.70 mark can reinforce the lows of the year.

The increasing interest among developers in Toncoin is another critical factor. Over the last 12 months, developer activity on TONNE has increased by 102 percent.

Telegram has further encouraged projects to develop on the blockchain by providing them with preferential access to Telegram Ads and the messaging app’s over 800 million user base. Additionally, an active developer community could bring new uses for TON’s blockchain, increasing its usefulness and demand.

A new addition to the TONNE ecosystem is the ETH-TON Bridge, which was introduced by the TONNE Foundation.

This bridge will allow transactions to take place between Ethereum and TONNE, with a maximum of four different assets initially supported. The Foundation intends to swiftly expand the bridge’s capabilities by adding more tokens following a successful security audit in 2022.

It is possible that the TONNE value may be affected by the ETH-TON Bridge. By integrating two well-known cryptocurrencies, TONNE has the potential to attract more users, increase demand, and ultimately drive up its price.

One of the best cryptocurrencies to keep an eye on, TONNE is even more interconnected with the wider crypto ecosystem thanks to the bridge.

There will likely be a crypto bull run in 2024, according to analysts. This is due in part to the fact that Bitcoin will halve in Apil, which has previously sparked bull rushes in 2021, 2017 and 2013.

Although these trends seem encouraging, it is important to remember that investor opinion has a significant impact on the price.

Toncoin (TON) Price Prediction 2025

Following the current market dip, which has created opportunities for substantial upside, investors are looking for the best cryptocurrencies to trade. While general market conditions will have the greatest impact on Toncoin’s performance in 2025, TON’s strategic advancements will also play a significant role.

One such development is the anticipated introduction of the ‘Elector and Config Update.’ Another is the continuation of Telegram development. Staking smart contracts will be easier to create with this version, and members of the staking pool will be able to vote on-chain during network-wide voting.

This has the ability to enhance the network’s functioning, making it more attractive to developers and users, and ultimately leading to its spread.

TON’s roadmap includes a strategy to penalise inefficient validators called “Slashing Optimisation,” which aims to better identify them. This optimisation has the potential to enhance the network’s performance and reliability, leading to a boost in user confidence.

In addition, TONNE has announced a “Scalability and Speed Showcase” to demonstrate its capacity to handle numerous transactions efficiently even when faced with high volumes of traffic. This showcases TON’s capacity to manage enormous volumes of activity without compromising performance, which significantly boosts the coin’s appeal.

More people might join the TONNE network as a result of all these changes and improvements. It is possible to determine if these upgrades lead to an increase in users by keeping an eye on important metrics like the number of active users.

Based on these characteristics, TONNE has the potential to reach $6.60 by 2025. On the flip side, if market circumstances deteriorate, the price might find a footing around the $5.40 area.

Toncoin (TON) Price Prediction 2030

To fully grasp Toncoin’s potential, one must be familiar with the expansion of the blockchain technology industry. With a predicted increase from $11.14B in 2022 to roughly $470B in 2030, or a CAGR of 60%, it is clear that this market is booming.

TONNE plans to take advantage of this industry’s expansion by enhancing its use case through smart enhancements. The ‘Jetton Bridge,’ an update to TONNE, allows for jetton transfers to other major chains, such as Binance Smart Chain and Ethereum.

The TON’s ‘Collator and Validator Separation’ is another noteworthy feature. In order to manage loads more efficiently, it seeks to split the validator job into two components: the collator and the validator. If this works, TONNE will be able to handle more transactions per second without slowing down.

Furthermore, TONNE is committed to enhancing the user experience, as seen by its plans to provide TONNE Payment Channels and TONNE Storage. Users will only be charged network fees when they open or close a channel, allowing for endless rapid micropayments between participants.

However, the decentralised TONNE network will support file sharing and storage of any size with TONNE Storage. With these enhancements, TON’s potential uses and popularity could be much expanded.

By 2030, TON’s price might reach around $25 because to increased developer interest, positive market trends, and the potential for other significant brands and firms to join forces with TONNE as a result of its collaboration with Telegram. Nonetheless, in adverse circumstances, the price may find a stable point at around $19.

If you’re looking to make a long-term investment, you should factor in not only price forecasts but also the general mood about Bitcoin and broader macroeconomic factors.

Is Toncoin a Good Investment?

Since scarcity typically causes price increases, Toncoin’s value is predicted to continue rising. Please be aware that all investments have some degree of risk. Rather than jumping to judgements without sufficient evidence, just put your money where your mouth is and learn as much as you can.

The health of the cryptocurrency market as a whole will have a significant impact on Toncoin’s future. It’s important to use a sound plan while putting your money into TONCOIN. If your risk tolerance is uneven, you shouldn’t invest in this type of asset. If you have a high risk tolerance and a stable financial situation, it’s still a great investment. TONCOIN is a worldwide cryptocurrency with a growing ecosystem and a high potential for speculation.

Will Toncoin Hit $100?

TON needs to increase in value by approximately 75 times before it can reach $100. In addition, the price of Toncoin hit its all-time high of $4.5 in November 2021, increasing by 5.6 times from its lowest price of $0.8 in October 2021. This means that it will take about 14 months for one Toncoin to reach $100 in value. However, given Toncoin’s history and the state of the market, this is not feasible at this time.

Toncoin’s market worth would be $343 billion if the price were $100. The current Market Cap of Ethereum is lower than this. While most cryptocurrencies have been increasing in value this year (Ethereum is up 35% so far), Toncoin is down 18%.

FAQs

Is Toncoin a good investment?

Yes. Toncoin is a good investment because it is an established top 30 coin and has a lot of potential. Toncoin is used in a variety of real-world applications, making it one of the most promising blockchain initiatives in terms of application cases. Now that the market appears to be recovering steadily, the growth of Toncoin could really accelerate over the course of 2023.

How high can Toncoin go?

As per our Toncoin price prediction, Toncoin can possibly reach a maximum price of $3.28 this year. Over the next 5 years, it is predicted that TON coin could be trading at $12.69.

Where can I buy Toncoin (TON)?

Notable options for purchasing TON coin include BTCC, OKX and KuCoin. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of TON. BTCC exchange is available in U.S., Canada and many other countries in Europe with no regulatory concerns. Furthermore, BTCC is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.

In order to trade TON/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade TONUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps.