TON Token Reaches Market Cap of $572,495.09 (TON)

TON Token (CURRENCY:TON) traded 0.2% higher against the dollar during the twenty-four hour period ending at 15:00 PM Eastern on October 14th. During the last seven days, TON Token has traded 10.3% higher against the dollar. TON Token has a market cap of $572,495.09 and approximately $23,889.00 worth of TON Token was traded on exchanges in the last 24 hours. One TON Token coin can now be bought for about $0.0128 or 0.00000022 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • Starname (IOV) traded 3.9% lower against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
  • Binance USD (BUSD) traded up 0% against the dollar and now trades at $1.00 or 0.00001745 BTC.
  • Chainlink (LINK) traded 9.8% higher against the dollar and now trades at $27.01 or 0.00047132 BTC.
  • Polygon (MATIC) traded up 2.4% against the dollar and now trades at $1.32 or 0.00002639 BTC.
  • Polygon (MATIC) traded 1.7% higher against the dollar and now trades at $1.25 or 0.00002183 BTC.
  • Axie Infinity (AXS) traded 15.2% higher against the dollar and now trades at $137.92 or 0.00240676 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded up 2.5% against the dollar and now trades at $54.87 or 0.00095744 BTC.
  • Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00001746 BTC.

TON Token Coin Profile

TON Token (TON) is a coin. It launched on May 9th, 2020. TON Token’s total supply is 400,000,000 coins and its circulating supply is 44,827,685 coins. The official website for TON Token is toncommunity.org. TON Token’s official Twitter account is @CommunityTon.

According to CryptoCompare, “Tokamak Network is a platform designed to assure decentralized and secure property the same as Ethereum Main chain while supporting a high level of scalability and extendability. Each Dapp is built easily for a specific purpose through Tokamak Network. Tokamak Network has each Dapp to operate in its own chain. Layer 2 chains are connected to Ethereum’s Main Chain via the Tokamak Protocol.   The Tokamak TON token is used as an incentive to correctly decentralize the Tokamak Layer 2 chain. The service operator must deposit TON to open the Layer 2 chain. If the chain runs properly, this deposit will gradually increase. However, if there is a technical issue in the chain and someone who finds problem raises an issue, and then, the deposit as a reward will go to that person (challenger). Moreover, TON is also used to charge Stamina, which is the transaction fee in Layer 2 chain. The stamina will be recharged after a certain period. It does not disappear until it is withdrawn. “

Buying and Selling TON Token

It is usually not presently possible to buy alternative cryptocurrencies such as TON Token directly using US dollars. Investors seeking to acquire TON Token should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TON Token using one of the exchanges listed above.

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