$TON
The current price of Toncoin ($TON) is $5.74, with a 0.90% increase in the last 24 hours. Toncoin's market capitalization stands at $14.57 billion, with a 24-hour trading volume of $171.15 million. The circulating supply of Toncoin is approximately 2.53 billion TON.
Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized, open-source blockchain platform. The TON blockchain utilizes a proof-of-stake (PoS) consensus model for network scalability and reliability.
In terms of its use cases, Toncoin can be used for various purposes, including creating decentralized games, decentralized finance (DeFi) applications, and more. The TON network aims to empower developers to build a Web3 ecosystem within Telegram Messenger, with a goal of reaching 500 million users by 2028