• 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

Coinbase Ventures Prioritizes Tokenization and AI in 2026 Investment Strategy

chest

Coinbase Ventures has identified nine priority investment areas for 2026, focusing on the tokenization of real-world assets and the development of AI tools for on-chain applications.

user avatarMaria Gutierrez

Coinbase Ventures Reveals Its 2026 Investment Strategy

chest

Coinbase Ventures has unveiled its investment strategy for 2026, focusing on nine key areas in the evolving Web3 ecosystem.

user avatarDavid Robinson

WEMADE Releases StableNet Testnet Source Code on GitHub

chest

WEMADE has announced the public release of the StableNet testnet source code on GitHub as of November 27, aiming to promote transparency and encourage collaboration among developers in the stablecoin ecosystem.

user avatarAndrew Smith

Chainlink Reserve Adds 87K LINK, Nears 1M Milestone

chest

The Chainlink Reserve has boosted its total LINK holdings to over 973,000 tokens, signaling strong confidence in the project's future.

user avatarJacob Williams

Bitcoin Options Open Interest Reaches New Heights Amid Market Volatility

chest

Recent data shows that the Bitcoin-denominated Options Open Interest has surged to a new all-time high, reflecting increased activity in the options market as investors reposition themselves amid market volatility.

user avatarZainab Kamara

GaiAI Launches Decentralized Agent Network

chest

GaiAI is creating a decentralized network that empowers users with real ownership and control over AI agents.

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.