Here I will explain and summarize why Ton works
A rising and strong currency, with reasons, sources and supporters mentioned.
What is Toncoin (TON) and why is it important?
Toncoin (TON) is the cryptocurrency of The Open Network (TON), a cutting-edge blockchain project initially designed by the team at Telegram, one of the world’s most popular messaging apps. Although Telegram officially withdrew from the project due to legal issues, the project has continued to grow with the support of its independent developer community.
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Reasons why TON is important:
1. Innovative technologies:
TON is based on an advanced blockchain system that offers super-fast processing speeds and very low fees, making it a strong competitor to Ethereum and Solana.
The network supports hundreds of thousands of transactions per second, making it one of the fastest networks.
2. Integrate it with Telegram:
Telegram supports the Toncoin wallet directly within the app, which means it can be easily used by over 700 million global users.
3. Increasing adoption:
TON is not just a cryptocurrency; it is an integrated system that enables the development of decentralized applications (DApps) and smart contracts.
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Who supports TON?
1. Telegram:
Despite Telegram's official withdrawal, the ecosystem's support for the coin continues through integration with the platform.
2. Developer Community:
A network of independent developers and tech companies working to scale TON.
3. Investment companies:
Major investors have been attracted to support network-related projects.
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Projects created by TON:
1. TON Wallet:
It provides ease of sending and receiving currencies, and can be accessed directly from the Telegram app.
2. TON DNS Network:
Domain Name System (DNS) that associates wallet addresses with easy-to-read names.
3. Decentralized Applications (DApps):
An open platform for developing smart applications, such as NFT marketplaces and decentralized finance (DeFi) platforms.
4. TON Payments:
A micropayment system that allows transactions to be made quickly and at low cost.
5. TON Storage:
Decentralized data storage platform.
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Will Toncoin price go up?
Factors supporting the rise:
1. Wide Adoption: Telegram could help spread the currency globally to millions.
2. Ongoing projects: Developing new applications increases its value.
3. Increasing demand: As its practical uses expand.
Forecast: If the expansion continues like this, its price is likely to gradually rise.
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Why invest in TON?
1. Ease of access: Can be purchased and stored directly via Telegram.
2. Low fees and high speed: makes it suitable for daily uses.
3. Strong community: supports continued innovation and project development.
In short, Toncoin is not just a digital currency, it is an entire ecosystem supported by one of the most popular applications in the world. A smart investment now could be a step towards benefiting from this promising project.