Launched in 2018, Toncoin (TON) is a decentralised layer-1 blockchain launched by Telegram, an encrypted messaging service. Telegram later abandoned the project. However, the TON Foundation took over the project and renamed it “The Open Network” from “Telegram Open Network.”
Thanks to a group of supporters and an independent community of enthusiasts, also known as the TON Foundation, its technology has been evolving since 2020. Toncoin is the TON network’s native cryptocurrency.
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Toncoin’s (TON) Price Prediction
With a market capitalization of $2.5 billion, TON is currently trading at $2.06. Its prices have declined by 14.52% in the last 7 days. However, TON has been experiencing an upward trend for quite some time. Its prices have increased by 14.52% in the last one month, by 27.12% in the last two months, and by 51.48% in the last three months. However, it is down by 45.80% year-to-date.
According to Coincodex’s technical analysis, investor sentiment around Toncoin is bearish. They predict that the price of TON will be between $ 1.688339 and $ 5.07 by 2025, and between $ 2.16 and $ 11.25 by 2026.
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How much money would you make if Toncoin (TON) hit $10?
Let’s say you invest a modest $100 in Toncoin today. At the current rate, which is $2.06, that will get you approximately 48.54 TON coins. If you hold these for a long time, until the TON price hits $10, you could potentially make $485.437 on your $100 investment.
Let’s assume you invest $1000 in Toncoin today. At today’s market price, you will have approximately 485.43 TON of coins. If liquidated at the price of $10, your $1,000 investment will be worth approximately $4,854, giving you a 4.8X or 385.40% return on investment (ROI). If TON hits the $1 mark by 2026 (i.e., in the next 4 years), your annualised ROI will be 48.43%.
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