💥 The Open Network (TON) Soars Past 100 Million Holders
The Open Network (TON) has reached a staggering 100 million holders, a huge leap from just 4.3 million at the start of the year. This incredible growth showcases TON’s rapid expansion, fueled by a number of factors, including the release of popular Telegram gaming tokens like HMSTR.
What makes this achievement so significant is how TON is pulling millions of Telegram users into the world of cryptocurrency, acting as a bridge between traditional social media and the crypto space.
🔸 Massive Growth and User Engagement
TON has experienced a remarkable surge in recent months, largely thanks to the growing popularity of gaming tokens like Hamster Kombat. This trend is more than just numbers—it's bringing millions of Telegram users into crypto, connecting two worlds that rarely overlap.
The sharp rise in holder numbers reflects increased interest in what TON offers. It’s a strong signal of the platform’s potential and its ability to attract a diverse, growing user base. This surge is a positive indicator of overall market confidence in TON.
🔸 Toncoin’s Market Movement
Toncoin, TON’s native currency, is currently priced at $5.20 with a 24-hour trading volume of $221.2 million. While its price has dipped slightly by 1.27%, Toncoin’s market cap remains strong at around $13.2 billion, with a circulating supply of 2.54 billion coins.
On the derivatives side, activity is on the rise—trading volume has increased by 1.06% to $189.3 million, while open interest has climbed by 1.41%, now totaling $235.19 million. Though the market has shown a slight bearish tilt overall, traders on major platforms like Binance and OKX remain optimistic, with long/short ratios exceeding 3.0.
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