• 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

Bitcoin's Cryptography Faces Quantum Threat at ETH Denver

chest

Experts at ETH Denver discussed the vulnerabilities of Bitcoin's cryptography in a post-quantum world, highlighting risks from Shor's algorithm and potential consequences for Bitcoin ownership.

user avatarLi Weicheng

Options Market Shows Shift in Volatility Expectations

chest

Data from the Bitcoin options market indicates a notable change in volatility expectations, with traders beginning to expect less immediate volatility.

user avatarAisha Farooq

Metaplanets CEO Defends Bitcoin Purchases Amid Criticism

chest

Simon Gerovich, CEO of Metaplanets, defends the company's Bitcoin purchases and trading strategies, emphasizing transparency and countering misinformation.

user avatarMohamed Farouk

Metaplanets Reports Heavy Net Loss Despite Strong Revenue from Options

chest

Metaplanets reported a heavy net loss of approximately $680 million for fiscal 2025, despite strong revenue of $89 million from options trading.

user avatarBayarjavkhlan Ganbaatar

Bitcoin Faces Quantum Computing Discount Risk

chest

New research indicates that Bitcoin's fair value could be discounted by up to 60% by 2028 due to Quantum Computing threats.

user avatarTenzin Dorje

Retail Investors Face Billions in Losses from TRUMP and MELANIA Memecoins

chest

Retail investors have incurred over $4 billion in losses on the official TRUMP and MELANIA memecoins, which have plummeted significantly since their launch.

user avatarElias Mukuru

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.