• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Analyst Identifies Disparity in TON’s Market Cap and Circulation

user avatar

by Giorgi Kostiuk

a year ago

  1. Identified Disparity
  2. Possible Reasons
  3. Project Growth and Partnership with Telegram


    4. Analyst Shiven Moodley identified a discrepancy between The Open Network’s (TON) market capitalization and circulating supply.

    Identified Disparity

    Shiven Moodley, an analyst at Cryptoquant, noticed a disparity between the market capitalization of TON and its circulating supply. This may suggest that some TON tokens are either locked up or held for the long term, impacting liquidity.

    The disparity between market capitalization and circulating supply may suggest that a portion of the tokens are either locked or held long-term, impacting liquidity.Shiven Moodley

    Possible Reasons

    According to Moodley, some TON tokens might be locked or held long-term, restricting their market availability. This can be related to mechanisms designed for long-term investment or to incentivize network participants.

    Project Growth and Partnership with Telegram

    Moodley highlighted TON’s impressive growth since August 2021, pointing out the network’s high throughput capacity, which boosts its scalability. The analyst also emphasized the importance of TON’s partnership with the messaging platform Telegram, significantly aiding the project's development.

    Moodley’s analysis points to crucial aspects affecting The Open Network's (TON) liquidity and growth potential. The partnership with Telegram also played a vital role in advancing the network.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

TokenFi's Digital Domination at Venice Marco Polo Airport.

chest

TokenFi secured a complete digital arrivals takeover at Venice Marco Polo Airport to capture the attention of Olympic visitors.

user avatarMaria Gutierrez

TokenFi Initiates Branding Campaign for the 2026 Winter Olympics.

chest

TokenFi has launched a branding and awareness campaign targeting high-net-worth travelers and institutional investors during the 2026 Winter Olympics in Italy.

user avatarLuis Flores

MultipliFi: A Yield Aggregator for Cross-Chain Investments.

chest

MultipliFi is a crosschain yield aggregator that combines DeFi transparency with CeFi liquidity, allowing users to farm stablecoins across multiple chains.

user avatarDavid Robinson

IIP617 Proposal Introduces Major Changes to INJ Supply Mechanics

chest

The IIP617 proposal aims to reduce inflation and increase the burn rate of INJ, fundamentally altering the token's supply dynamics.

user avatarJacob Williams

IIP617 Proposal Expected to Receive Significant Backing.

chest

The IIP617 proposal, known as the Supply Squeeze, is expected to pass with overwhelming voter support, marking a significant tokenomics update for Injective.

user avatarZainab Kamara

Supras Launches iAssets Liquid Staking Tokens

chest

Supras has launched iAssets, liquid staking tokens that allow users to earn passive SUPRA rewards while keeping their crypto usable in DeFi.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.