TON: the cryptocurrency that takes off and skyrockets 30% in one day

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28 Feb 2024
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TON is a cryptocurrency that was born as the Telegram project, the popular encrypted messaging application that has more than 500 million users around the world. TON's goal was to create a blockchain platform that was fast, scalable, secure and decentralized, capable of supporting applications, smart contracts and high-volume transactions. However, Telegram's dream was thwarted by pressure and demands from US regulatory authorities, who deemed TON's initial coin offering (ICO) illegal and putting investors at risk.

In the last few hours, the CEO announced the expansion of the use of Telegram to more countries as well as the increase in royalties for users on the channels.


Since then, TON has proven to be a cryptocurrency with great potential and great resilience, which has known how to overcome adversities and obstacles, and which has managed to grow and consolidate itself in the market. According to the CoinMarketCap website, TON is currently the 15th most valuable cryptocurrency.
But the most surprising thing is that TON has experienced a spectacular jump in the last few hours, rising almost 30% in a single day. What has caused this impressive rebound? What factors explain the success of TON and its future projection? In this article, we tell you the main reasons and news that are driving TON to reach new heights.

Community support and platform innovation

One of the keys to TON's success is the support and commitment of the community of developers and users, who have managed to keep the spirit and vision of Telegram alive, and who have contributed to the development and innovation of the platform. According to the official Free TON website, the network has more than 400,000 users, more than 30,000 developers, more than 400 partners and more than 100 ongoing projects.

The TON community is organized in a democratic and participatory way, through a decentralized governance system, where users can propose, vote and execute decisions that affect the network. Additionally, the TON community is incentivized and rewarded through a token distribution system, where users can earn TON Crystal by participating in network validation, distribution, or contests.

The TON community is also characterized by its creativity and diversity, as it offers an open and versatile platform that allows you to create and run all types of applications, smart contracts and services based on blockchain. TON aims to become an integrated and diverse ecosystem, spanning from decentralized finance (DeFi) to social media, digital identity, governance, education, health, arts and entertainment. Some of the most notable projects being developed at TON are:

TON Swap: A decentralized exchange that enables trading of tokens and digital assets between different blockchains, using TON's bridging and interoperability technology.
TON Surf – A mobile application that functions as a wallet, browser and identity manager for TON users, allowing them to access, send and receive tokens, as well as interact with applications and services on the network.
TON Labs: a company dedicated to providing infrastructure, tools and solutions for developers and entrepreneurs who want to create projects in TON, as well as promoting research and innovation in the field of blockchain.
TON Crystal: the network's native currency, used as a means of payment, reward and governance on the platform.


Advanced and robust network technology

Another key to TON's success is the advanced and robust technology that underpins the network, which allows it to offer a high-performance, low-cost blockchain solution. TON uses a multi-chain model, consisting of a main chain and several secondary chains, which communicate with each other and adapt according to demand. This allows the network to be scalable, flexible and efficient, and can process millions of transactions per second, with a latency of less than a second and a cost of less than a cent per transaction.

TON is also based on an innovative consensus protocol, which combines elements of proof-of-work (PoW) and proof-of-stake (PoS), and which guarantees the security and decentralization of the network. The TON protocol is called dynamic proof-of-stake (DPoS), and consists of users being able to delegate their tokens to validators, which are the nodes responsible for validating transactions and generating blocks. Validators receive a reward for their work, and users receive a share proportional to their delegation.

TON also has its own programming language, called Fift, which is a functional, low-level language that allows you to create and execute complex and efficient smart contracts on the network. Fift is inspired by the Forth language, and is characterized by its simplicity and versatility, since it can adapt to different types of data and operations.

Market interest and investment

The last key to TON's success is the interest and investment it has sparked in cryptocurrency markets, which have recognized the value and potential of the currency. TON has managed to attract and retain individual, institutional and strategic investors, who have opted for the currency and who have contributed to its growth and consolidation.

TON has been listed on several of the main cryptocurrency exchanges, such as [Binance], [Huobi] or [OKEx], which has facilitated its access, liquidity and visibility. Additionally, TON has received support and collaboration from various blockchain platforms and projects, such as [Polkadot], [Cosmos] or [Chainlink], which has expanded its reach, interoperability and functionality.
TON has also been the subject of analysis and recommendation by several experts and specialized media, who have highlighted its advantages and opportunities. For example, the website CoinMarketCap has included TON among the new cryptocurrencies listed today and this week, giving it a rating of 4.5 out of 5.
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This is a good time to invest in TON, even though the price is quite low compared to the usefulness and capacity of the project. I recommend following closely because it can bring us surprises.

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