Bitcoin Forum

TON coin of Telegram is about to cross USDT10 billion marketcap. When do you think it's gonna hit USDT20 billion marketcap?

If you will considering TON fully diluted market cap then it’s almost 14 billion dollars market cap right now. Now it’s current price 2.70$ so i think if altcoins bull run will fully started it will not be difficult to hit 20 billion USD market cap, it will not be quite difficult. Whatever, i am not fan of TON coin yeah it’s a top coin and backed by Telegram but it’s not such promising coin to buy and holding for the future.

Yes you're right I don't see TON as the next big altcoin.Its a good project to get some quick profits but it's never recommended for a long term investment.It solves issues like payments with small fees, Faster payments, decentralization in payments but these features are nowadays in every coming altcoin.

USP( unique selling proposition) is missing somewhere I think of TON. It doesn't offer you much creativity and in an era of that much competition it's very difficult for it to compete here. It has good profit points for now so use it for daily trade and quick profits. It's integrated with telegram which can gives some positive attraction especially when airdrop hunters need tons for airdrop form then it value will be increased.

$ 20B marketcap, It's completely feasible, I think in the project space like TON is not very active, they had a long time to develop and I remember in the past they used to return $1B to the original investors. Indeed, their potential is very strong, the fact that a platform like Tele is increasingly inclined to crypto activities shows that their interest in this field is very great.

I have speculation that they will definitely enter the top 10 in the future, there is much to be said for their strength as the ecosystem has not really attracted attention yet and will be a good speculative playground for whales. Furthermore, if we compare the capitalization of a few projects in the previous bull cycle, $20B is really easily pushed.

Not only TON but it's a common understanding that we cannot go for long term when it comes to any Altcoin as Bitcoin is the only crypto currency where you can vouch for long term. There has been a lot of buzz in social media about the this coin but unfortunately as you mentioned it would be temporary because we need projects which have something unique to offer and should be solving and burning issues which TON clearly lags.

obviously when it doubles its current price it will hit 20 billion market cap of course, but I always wonder how this coin could grow that fast after all i've never seen people actually utilizes it, are there that many users using this coin honestly?
personally I never see some stablecoin available in this blockchain either maybe thats just me but well their market cap is 10 billion so I expect that something good going on in their blockchain.
regardless such increase only possible if probably when altcoin season finally come probably around the time when ethereum etf approved and then the altcoin market gonna be exploding.
but don't expect it to happen anytime soon since it has just having some pump recently. maybe in few months I guess that if the whole market is having very bullish sentiment.

If TON Coin has built a $10 billion market cap, it certainly doesn't seem too difficult to head into the upcoming bull market at $20 billion. I invested a few tons of coins but I sold them back when needed. However the team's efficiency security is expected to hit $20 billion very soon if managed properly.

What about TON blockchain based tokens, can they influence TON marketcap? and if the 20 billion market cap is reached, what will be the impact on tonUP and TOT tokens? because they are TON chain based. and the altcoin bull season is eagerly awaited by many investors who bet on it

if you look at fdv it will still be too far away, because what you are looking at is the market cap for now, but recently ton has started to be looked at by several projects, and also recently I have completed a campaign on the ton blockchain network.
maybe this will be a good start for ton, as several projects have already joined their ecosystem.

Very likely as it's now $9.499B.

It seems that it needs to be doubled so with that, I think if you see it go $4-$5 then that's the indication that its market capitalization has grown. If I am an investor that's a big hardship for me because with that injection and addition to the market cap, I get a few increase and profits from holding it.

It doesn't matter if it hits $20 billion in market capital, as there are better investment opportunities than this in the market. If TON cross 20 billion marketcap then it will be 2X for the investor which isn't that much in a bull market like this where any project can make more than 2X in a few months. Also 10 billion is a lot of money so adding another 10 billion to it won't be that fast. If it does touch 20 billion marketcap it will take the whole bull market or at least a year.

$9.499B doesn't look too far from $10B, especially from a popular project because it was an official coin of Telegram right? The double of $9.499B is only $18.998B but this is not far from $20B as well, however achieving it may not be quick and easy though I guess it's not a big deal for now.

Even the good projects needs time to improve more. In the mean time, there are still lots of cryptos, especially the newer ones, if we want to profit better and quicker. We must only agree about their risk as it's also a bit higher compared to the established projects. Price of TON is $2.71 so if it grows up to 4 and 5 dollars, we should be happy actually, not sad. It's an achievement and not a kind of hardship.