The article provides an overview of Toncoin (TON), a layer-1 blockchain and native cryptocurrency of the Open Network created by Telegram. Toncoin is designed to be quick, safe, and scalable, and is used for transaction fees, network staking, and network governance participation within the Open Network ecosystem. It supports various decentralized services and applications, including NFTs and DeFi. The article also discusses the history and price of Toncoin, as well as its current market status. It notes that Toncoin is currently slightly bearish but is accumulating above a major demand zone. The article highlights that any price prediction is speculative and advises conducting research before investing. It mentions that the Toncoin project is not directly connected to Telegram, as Telegram gave up on its blockchain project in 2020. The article also mentions the legal status of Toncoin and the unique features of the TON network, such as its speed and scalability.



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