• 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

10 months 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.

Other news

Overview of XYZVerse: Investment, Community, and the Meme Token's Future

chest

Learn about XYZVerse ($XYZ)—a new meme token, its ecosystem, and prospects in the cryptocurrency market.

user avatarGiorgi Kostiuk

U.S. Government Introduces Ban on Yield-Bearing Stablecoins: Market Implications

chest

The GENIUS Act signed by Trump bans yield-bearing stablecoins in the U.S., impacting market strategies and DeFi.

user avatarGiorgi Kostiuk

Top Cryptocurrencies: Why BlockDAG, Dogecoin, Ethereum, and Monero Keep Impressing

chest

This article examines the reasons behind the stability and popularity of BlockDAG, Dogecoin, Ethereum, and Monero in the cryptocurrency market.

user avatarGiorgi Kostiuk

Top Cryptos for 2025: BlockDAG, VeChain, Sei, and Bonk Stand Out

chest

Overview of top cryptocurrencies in 2025, including BlockDAG, VeChain, Sei, and Bonk, and why they are considered promising.

user avatarGiorgi Kostiuk

Large Bitcoin Withdrawal from Binance: 1,000 BTC Leaves the Exchange from New Wallets

chest

A significant withdrawal of 1,000 BTC valued at $118 million took place at Binance. Learn what this means for the crypto market.

user avatarGiorgi Kostiuk

Overview of Promising Cryptos: BlockDAG, Pi Network, Kaspa, and Stellar

chest

Explore innovative cryptocurrencies like BlockDAG, Pi Network, Kaspa, and Stellar that may shape the future of technology.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.