Toncoin Trading Down 13% This Week (TON)

Toncoin (TON) traded 8% higher against the US dollar during the 1-day period ending at 20:00 PM E.T. on September 22nd. One Toncoin coin can currently be purchased for approximately $1.48 or 0.00007645 BTC on major cryptocurrency exchanges. Toncoin has a total market cap of $7.38 billion and approximately $19.27 million worth of Toncoin was traded on exchanges in the last 24 hours. In the last week, Toncoin has traded down 13% against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00005160 BTC.
  • BITCOIN ADDITIONAL (BTCA) traded 1.8% higher against the dollar and now trades at $19,377.18 or 0.99977773 BTC.
  • Mammoth (MMT) traded down 4.8% against the dollar and now trades at $0.93 or 0.00004809 BTC.
  • Geegoopuzzle (GGP) traded up 0.8% against the dollar and now trades at $11.54 or 0.00059550 BTC.
  • Quantum (QUA) traded 1.5% higher against the dollar and now trades at $2.07 or 0.00010658 BTC.
  • Theta Network (THETA) traded up 5.4% against the dollar and now trades at $1.14 or 0.00005860 BTC.
  • TrueUSD (TUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00005160 BTC.
  • Axie Infinity (AXS) traded 1.8% higher against the dollar and now trades at $12.43 or 0.00064109 BTC.
  • VRES (VRS) traded 7.6% lower against the dollar and now trades at $0.38 or 0.00001952 BTC.
  • OKB (OKB) traded 0.1% higher against the dollar and now trades at $15.05 or 0.00077666 BTC.

Toncoin Coin Profile

Toncoin is a coin. Its genesis date was August 12th, 2020. Toncoin’s total supply is 5,047,558,528 coins and its circulating supply is 4,983,944,249 coins. Toncoin’s official Twitter account is @Tokamak_Network.

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. “

Toncoin Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Toncoin directly using U.S. dollars. Investors seeking to trade Toncoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Toncoin using one of the aforementioned exchanges.

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