Toncoin may not be the most popular coin out there, but it is a valuable asset that can bring a spark to a crypto portfolio. It is important, however, that you understand how the coin price will change in the coming years.
This guide will discuss our Toncoin price prediction for both the short and long term, touching on the coin’s utility, its future potential, and where you can invest in TON today – with low trading fees.
Toncoin Price Prediction 2023 Summary
At the time of writing this piece, Toncoin was trading for $2.27 per token. The price is a notable improvement compared to the price recorded in December last year. There is a good chance that the coin will continue to improve. Here is a quick summary of our Toncoin price forecast for the coming years:
- End of 2023 — Toncoin has already done well when compared to most other coins. It will most likely continue this year on a bullish trend. Toncoin may taste new highs and increase up to $5.00 by the end of 2023.
- End of 2024 — Next year is expected to be a good year for the cryptocurrency industry. Bitcoin halving, is expected to contribute to a favorable market next year. The Open Network (TON) is also expected to witness significant growth. A combination of these and other factors, our Toncoin forecast estimates the coin could reach a peak value of $8 by the end of 2024.
- End of 2025 — The Open Network will only continue to improve its value over the coming years. Its infrastructure and the number of developers and projects it supports show that the network will become a lot more valuable in the future. As the network becomes more popular, it is likely that Toncoin price will reach $14 by the end of 2025.
- End of 2030 — Of course, a lot will happen in the next 10 years, and we believe that TON will become a lot more valuable. There are good reasons for Toncoin price to reach $50 by the end of 2030.
- End of 2040 — Knowing what we know about The Open Network and the Toncoin token, we can say that long-term investment in Toncoin is reasonable. If the coin grow as we expect it to, there is every chance that Toncoin's price will reach as high as $150 by the end of 2040.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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Toncoin Price History
Toncoin has a pretty interesting history. A decentralized Layer-1 blockchain, Toncoin was originally created in 2018 by brothers, Nikolai and Pavel Durov. The project was developed by the Telegram group with a plan to launch an on-chain token named Gram. There was also a concrete plan to establish a platform for dApps (decentralized applications).
The proposed token 'Gram' was already gaining wide attention from a global audience when the project experienced its biggest setback. The US Securities and Exchange Commission (SEC) banned the release of the token because it was considered securities. It was a huge blow, considering that the Telegram team was on the verge of releasing it as a full-fledged product.
In spite of the setback, the Telegram team was never ready to abandon an important project. Telegram CEO, Pavel Durov, decided to leave the project and hand over the development to independent crypto enthusiasts. The TON Foundation was created soon afterwards, and it has been championing the cause of the project ever since.
Toncoin was eventually launched as Gram through a successful ICO that was held between 10 and 12 July 2021. The ICO price was $4 per GRAM. It started trading on Major exchanges and some of the top crypto analytical websites started tracking the price. As of 23rd August 2021, TON traded for an initial price of $0.5482 per token.
November 2021 was a memorable month for TON. As of 2nd November, it was still trading for $0.767 per token but by 11th November, it had reached $4.50 per token. Toncoin reached an all-time high price of $5.29 on 12th November 2021. It dropped significantly in early December reaching $1.85 on 6th December. It recovered to reach about $4.34 on 26th December 2021.
Toncoin TON/USD price chart. Source: Coinmarketcap
Toncoin’s all-time low price of $0.3906 was recorded on 20th September 2021, according to CoinMarketCap. Of course, the coin has recovered from the bearish trend, but it continues to fluctuate like other cryptocurrencies. However, it was one of the best-performing coins throughout the crypto bear market of 2022. This year 2023, the coin is still performing decently.
Before we proceed to discuss Toncoin price prediction for 2023 and beyond, it’s important to summarize what we’ve covered so far in a manner that will be easy for everyone to understand easily:
- Brothers, Nikolai and Pavel Durov created TON in 2018 as a crypto for the encrypted messaging app, Telegram
- The US Securities and Exchange Commission (SEC) banned the release of GRAM (the original name of the coin) because it was considered as securities
- In 2020, the Telegram team handed the development of TON to independent crypto enthusiasts and the TON Foundation was formed afterwards to spearhead the development of the network and its native coin
- TON was eventually launched as GRAM in July 2021 through a highly successful ICO
- TON was trading for as low as $0.781 in August 2021 but rose dramatically in November
- Toncoin reached an all-time high price of $5.84 on 12th November 2021 and recorded an all-time low price of $0.3906 ON 20th September 2021
- At the time of writing this piece, Toncoin was on the rise, trading for about $2.27 per token
- Toncoin Price prediction and outlook are positive
In the coming sections, we will discuss our Toncoin price prediction and the most important things you should understand before investing in this asset. In addition to discussing it's long and short-term forecast, we will touch on its utility, its potential highs and lows, as well as the best place to buy it.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Toncoin Price Prediction 2023
Looking further ahead, how could the Toncoin price prediction perform this year? As mentioned earlier, numerous new crypto projects have launched over the past few years that look to capitalize on TON’s success. Many of these altcoins have been competing with Toncoin regarding scalability and speed.
There were several factors that contributed to the recent bear market. While many players entered the crypto scene, a number of well-known brands had big issues. Some platforms crashed completely with FTX being the biggest. But how do all these relate to Toncoin price prediction for 2023? We’ll get to that soon.
TON, like every other best altcoins, is volatile. The crypto market itself is notoriously volatile, and the prices of most coins are affected by the general market condition. The condition of the market was the major reason Toncoin did not rise as much as many crypto insiders expected. Though it performed well when compared to most other coins, it could have performed a lot better if market conditions were favorable.
There is a general belief in the crypto universe that this year will be better. As blockchain technology and the crypto industry continue to evolve, most coins, including Toncoin, will pick up momentum this year. Some prediction websites have projected that the coin will reach the $5 mark once again before the end of the year.
In an objective sense, this does appear to be true. Toncoin is seen by many as the best cryptocurrency to invest in since it uses blockchain technology in a more innovative way than other projects.
Based on algorithmic-based analyses, we are expecting the coin to experience a bullish trend. There are many reasons for the positive outlook and we’ll try to briefly mention some of them here.
Toncoin, to some people, does not ring a bell. GRAM, on the other hand, was a much-celebrated token even before its proposed launch. It is just a matter of time before people realize that TON is an updated version of GRAM with better functionality and acceptance. When that happens, Toncoin will start gaining momentum.
Telegram's fortune is another factor that can help to push Toincoin's price higher this year. Though the Telegram team is no longer a part of TON development, its influence cannot be completely ruled out. The Open Network (TON), which is the blockchain that Toncoin powers, has already won the hearts of many. As Telegram and TON continue to grow, Toncoin price will rise considerably.
Though we will still discuss TON further in this article, it is important to state here that it is committed to producing a genuine Web3 internet. At its core, the Open Network supports an anonymous network, decentralized storage, instant payment, and several decentralized services. As it continues to improve its services, Toncoin's price will be going up substantially.
As hinted earlier, short term TON price prediction is bullish, A lot will happen within the TON ecosystem and the wider crypto industry this year.
Already, the crypto market is picking up momentum, including Toncoin. As the months' roll by, we expect the price of the Toncoin to rise steadily, which is why our Toncoin price prediction for 2023 estimates the coin could test new highs and be worth as much as $5 by this point.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Toncoin Price Prediction 2024
If you are particularly interested in buying Toncoin today and hold it, then you should carefully read and consider all the points we’ll raise here. There is a good chance that the price of TON will improve significantly next year. It could be the aftermath of the resurgence we expect this year.
While we expect development within the TON ecosystem to be the major driving force for improving Toncoin price, we know that the influence of the wider crypto universe is always overwhelming. One big event that could contribute significantly to the expected change is Bitcoin halving. As you may know, it happens once every 4 years, and 2024 is the next.
Bitcoin halving is expected to take place in April next year or a little earlier. It will have a notable effect on Bitcoin price and the prices of other cryptocurrencies, including Toncoin. Even before the halving happens, we expect a lot of positive energy within the crypto market. Once it is completed, the ripple effect will help push Toncoin price further up.
We are not alone when it comes to being positive with our Toncoin price prediction for 2024. A good number of other industry insiders believe that the price of the coin will rise in the next year. Digital Coin Price, for instance, predicts that the coin could be worth up to $5.90 sometime in the next 12 months. Some websites are way more bullish. A few, as we expect, are bearish.
Based on fundamental analysis of The Open Network (TON) and technical analysis of Toncoin, there aren’t any serious reasons to be bearish on the coin. It has been on an upward trend since late October last year. In fact, the price of the coin gained over 120% between September and December last year.
Toncoin is expected to consolidate its bullish trend throughout the current year. That implies that it should be worth a lot more than what it is worth right now. If we consider the other market factors that can result in a bullish season. As such, our Toncoin price prediction for 2024, therefore, sees the coin valued at $7.85 per token.
Toncoin Price Forecast Long-Term Outlook – 2025 Prediction
Any Toncoin price prediction is subject to numerous factors - some of which we have touched upon above. It is interesting to imagine what The Open Network could achieve in the next two years. Unlike Bitcoin, memecoins and a few other asset classes, TON offers a lot in terms of utility. TON is focused and dedicated to providing a versatile forum for a variety of third-party services.
Considering how far it has come in just a couple of years, there are good reasons to believe that The TON network will succeed. It will continue to power friendly interfaces for smart contracts and dApps (decentralized applications), as well as extensive decentralized browsing experiences.
In terms of services, the TON network ranks ahead of many other Layer-1 blockchains. The original vision of the Telegram team that started the project has been improved over time. Thanks to the TON Foundation and the entire community, the network is fast becoming one of the most liked networks in the crypto space. Its proxy feature is one of the fans' favourites.
When a blockchain network becomes very valuable to users, the price of its native token explodes. There are many cogent reasons to believe that the value of Toncoin will explode in the coming years. We can't rule out the possibility of the TON coin reaching the $10 mark in the next two years. While that may seem like an ambitious projection, a number of industry insiders believe it is possible.
Some of the most consistent prediction websites are bullish on Toncoin long-term outlook. Coincodex, for instance, projects that the altcoin could be worth as much as $24.95 in 2025.
Of course, that is in the best-case scenario. If that's ever going to be the case, then you have to believe that TON will not likely valued below $11.
Considering how The TON network can perform in the next couple of years, it is safe to stay positive about Toincoin value. It is more likely that the coin will gain significantly in the coming years. As a result, it could reach as high as $15 by the end of 2025.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Toncoin Price Prediction 2030
Now let’s look into our Toncoin price prediction over the long term. We understand that having a good idea of what the asset could be worth in next 10 years will help you make an investment decision. It is important, too, that you understand that caution is important when you are dealing with long-term forecasting.
Considering how far The Open Network has gone in terms of developing the necessary infrastructure to cater to the growing needs of crypto and Web3 enthusiasts, we can assume that it will be very popular way before 2030. In any case, it should be able to add several new users to its network. Growth in the user base, of course, will result in growth in the value of Toncoin.
Let’s break it down further. Toncoin is the native currency of The Open Network (TON). It is both the utility and governance token of the network. It can be used for a lot of transactions within the network and even beyond. To be clear, Toncoin will be used by users of the network to pay for services offered by decentralized apps built on TON.
The TON ecosystem is powered by Toncoin. Its utility cuts across different services and functions. It can be used to settle transaction fees, for gas fees, as well as for storage payments. Outside the ecosystem, TON tokens can be traded on major cryptocurrency exchanges. As blockchain interoperability improves, TON's utility across blockchains will improve significantly too.
Seven years is enough time for a project like TON to reach exciting new heights. It isn’t surprising that most experts project the crypto asset to be worth a lot more in the long term than its current value of today. Even some of the most pessimistic projections see the Toncoin reach at least $25 in value by 2030.
Severally, we’ve hinted that we will remain bullish when it comes to Toncoin price prediction. As It is enough time for The Open Network to gain reasonable ground in the crypto world.
Due to the high demand, our Toncoin price prediction 2030 forecasts that TON could reach the $50 level by this point.
There are many experts who are more bullish of Toncoin maximalists predicting a much higher price for the coin, with a huge prediction that the coin could reach up to $120 in the next decade.
Toncoin Price Prediction 2040
Looking for a long term Toncoin price prediction? The further ahead a the outlook, the more accurate it is likely to become. It is important to start by stressing that you should only invest in a project for the long term when you are confident that it will stand the test of time.
In the case of Toncoin, there are several valid reasons to believe that it will remain relevant and strong. There are also cogent reasons to believe that the value of its token will keep improving as the network is improving.
If you consider TON’s mission and value proposition, it is easy to be confidently bullish on the native token. By that time, it is likely that several decentralized applications will be running on the TON network. When you consider how fast the crypto and Web3 industry is growing, you can’t help but imagine how big TON may become in the next 10 – 20 years.
We understand that only a few will venture to predict Toncoin Price for the very long term. It costs nothing to admit that a forecast now may be wide off the mark. However, you must understand that an educated forecast at this point can help you buy an asset that could make long term investors wealthy in years to come.
A few of the prediction sites that have been bold enough to provide Toncoin price prediction for 2040 are cautiously optimistic. Telegoan, for instance, has projected that Toncoin will command an average price of $92.25 in 2040. The maximum price of the coin, according to their prediction, will be $104.51.
After considering the opinion of a few experts and performing algorithmic-based analysis, we are very bullish about Toncoin price prospects in the long term. For this reason, our Toncoin price prediction 2040 estimates that the coin could be valued at $150 by this point.
It is likely that the actual price will be significantly higher than that, but it is best to err on the side of caution.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Potential Highs and Lows of Toncoin
The sections above have represented a deep analysis into our Toncoin price prediction for the years ahead. Presented below are some critical areas of note that TON investors may wish to keep their eyes on going forward.
The below prediction figures outline the potential highs and lows of Toncoin price prediction forecasts offered by technical analysts and industry experts.
| Year | High | Low |
|---|---|---|
| 2023 | $5.12 | $1.76 |
| 2024 | $7.85 | $2.40 |
| 2025 | $14.21 | $4.52 |
| 2030 | $50.10 | $12.25 |
| 2040 | $150 | $25.70 |
What is Toncoin Used For?
Most times, the value of a cryptocurrency depends so much on what it can be used for. While there are tokens that majorly serve as a store of value, Toncoin is a lot more than that. Since you are considering investing in TON, it is really important that you understand what the coin is used for. Without further ado, here are some of Toncoin’s use cases:
Settling Payments
Toncoin is fondly called the future of currency. It is a full-fledged digital currency, which means you can use it to settle payments without involving a third party. Regardless of the nature of your transaction, you can pay an individual or crypto-friendly merchant with Toncoin.
Paying Transaction Fees
We’ve discussed The Open Network and stated that it supports several services. We’ve also mentioned that a lot of development activities are going on within the ecosystem. Most transactions in the crypto scene attract fees and you can use Toncoin to settle all transaction and gas fees within The Open Network.
Securing the Blockchain through Staking
Toncoin, like many other digital assets, can be staked for rewards. Staking is important for blockchains and their users. It is the most straightforward way to secure a network, and stakers earn rewards for locking their tokens for specific periods. TON can be staked and it yields meaningful staking rewards.
Voting and Governance Decisions
We’ve already mentioned that Toncoin is the governance token of The Open Network. This implies that it gives holders governance right in the decentralized autonomous community that determines how the network is developed.
Paying for Services Offered by dApps
Already, there are many decentralized applications running on The Open Network. More are expected to be launched in the near future. Toncoin will serve as the base currency that will be used to pay for services offered by these dApps.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
How Could Toncoin’s Future Utility Affect Price?
One of the things you should never forget in this Toncoin price prediction is that the token will gain more use cases in the future. As developers and enterprises continue to build on the network, new use cases will emerge and they will shape the future of the network and the value of the native token.
It is a known fact in the crypto space that the more utility a coin offers, the higher its chances of gaining value. Toncoin’s future utility will affect the price of the token in a positive manner. It is among the major reasons we are strongly bullish on the coin.
What Drives the Price of Toncoin?
In an ideal market setting, supply and demand are the biggest driving forces for Toncoin's price. However, these are not the only factors that can affect the Toncoin price prediction. Others may include:
Growth in Crypto Adoption
As more people accept cryptocurrencies and digital assets, the value of established coins like Toncoin will grow too.
Social Media Attention
Social media is playing a huge role in almost every aspect of cryptocurrency. Social platforms play huge roles in marketing and community building. They will continue to influence coins’ prices, including that of TON.
Market Regulation
Cryptocurrencies are supposed to be resistant to market regulations. However, this is never the case in every instance. As crypto market regulations become more common, they will continue to have a meaningful effect on the prices of assets.
Institutional Investments
The more institutional investment the crypto space receives, the more likely values of assets will increase. Toncoin will likely attract many institutional investors in the future, and that will definitely have a significant effect on its price.
Where to Buy Toncoin
Many experts think that Toncoin may be the next crypto to explode due to its potential projects. As such, most cryptocurrency exchanges will now allow clients to invest in TON. Of course, there are many places where you can buy Toncoin from. But how reliable are those platforms?
You need to choose a reputable platform when it comes to crypto investments. Through research and experience, we’ve confirmed that eToro is one of the most reliable platforms for crypto investing. It is a social trading platform that serves as one of the best online brokers for a wide variety of investment choices. Little wonder it already has over 30 million users.
One of the major reasons to trust eToro is its focus on security. The platform is regulated by leading bodies, such as FCA, FINRA, ASIC, FinCEN and CySEC. The platform is also a user-friendly site that makes investing easier for users of all experience levels, including newbies and old-timers.
With eToro, funding your account and making withdrawals is always easy. It supports credit/debit cards, as well as e-wallets like PayPal. If you own a crypto wallet, it is even easier.
The popular exchange is also widely trusted because of its wallet. It offers one of the best multi-coin crypto wallets on the market. This top-of-the-class wallet supports thousands of crypto assets. It is free and easy to download on iOS and Android devices.
Pros
- Free state-of-the-art crypto wallet
- No deposit fees
- User-friendly application
- Up to 75 cryptocurrencies currently available to trade
- Low minimum investment ($10) – it significantly lowers the barrier of entry to crypto investing
- Transparent fee structure
Cons
- There is a conversion fee for non-USD deposits
- A meagre inactivity fee may apply
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Latest Toncoin News
Before rounding off this Toncoin price prediction, we need to reiterate the importance of keeping up with the latest news. Whether you are going long-term or short-term on a particular coin, it is important to always know the latest happening.
You can find Toncoin latest news on our website. Here, we always try to keep you up to date with the latest stories surrounding coins, projects and crypto platforms.
Toncoin Price Prediction – Conclusion
We’ve covered Toncoin price prediction in the most comprehensive manner. The essence is to help you understand how the price of the asset can change in the coming years. Of course, this piece is aimed at helping you make better decisions.
Based on Toncoin price prediction, the TON altcoin can expect to see significant growth over the coming years. Leading analysts vary wildly on their forecasts and data - but if even the most conservative predictions pan out, anyone who chooses to invest in Toncoin could see decent returns.
In addition to the forecasting, we also discussed the core of The Open Network and its value proposition. We also considered the factors that can affect the price of cryptocurrencies while making each Toncoin price prediction.
In conclusion, we can state that The Open Network is positioned to reach new heights in the years to come. The native token of the network, Toncoin, will also reach new highs in terms of price. We’ve also stated that the best platform to buy crypto assets.
So is Toncoin a good crypto? The altcoin has huge potential for growth due to its myriad of applications continues to grow, Toncoin may well prove to be an excellent investment over both the short term and long term.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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FAQs Toncoin Price Forecast
What was the starting price of Toncoin?
After its successful ICO, Toncoin started trading on a few exchanges. Its first recorded price on 23th August, 2021 was $0.5482 per token.
What was Toncoin’s highest price?
A: Toncoin recorded an all-time-high price of $5.84 on 12th November 2021. Of course, it was short-lived, but the coin price has gone close to this value at other times.
What will Toncoin be worth in 2023?
According to our Toncoin price prediction, the coin should be worth up to $5 by the end of this year, 2023. There are possibilities that the coin will be worth more than that, though.
What is the Toncoin price prediction for 2024?
2024 could be a remarkable year for the crypto industry in general and Toncoin in particular. The coin price may reach $7.85 per token.
How much will Toncoin be worth in 2025?
A: If the market plays out the way we expect, it is possible for Toncoin to reach or surpass $14 in 2025.
What will Toncoin be worth in 5 years?
Depending on market factors, it is possible for Toncoin to rise to about $22 in 2028, which is exactly five years from now.
What is Toncoin Price Prediction for 2030?
The Open Network will most likely be significantly bigger than what we have today by 2030. At that time, Toncoin could be worth as much as $50 per token.
Will Toncoin Go up?
With TON’s ecosystem is growing, there is little stopping it from increasing further. Such as, our Toncoin price prediction forecast strongly implies that Toncoin will go up and hit several new all-time highs.
Is Toncoin A Good Investment?
Yes, Toncoin is a very good investment. Arguably, it is one of the best choice in the crypto market, perhaps even better than big names. If you’re looking to invest in cryptocurrency, then Toncoin is definitely a good option. This crypto has boasted the most versatile online infrastructure and as such has a great upside potential.