• 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

AI Tools Accelerate Ethereum's Roadmap Development

chest

Vitalik Buterin highlights the potential of AI tools to expedite Ethereum's long-range protocol roadmap, referencing the ETH2030 experimental client.

user avatarTando Nkube

New NFT Scams Target XRP Wallet Holders

chest

A new wave of deceptive NFT scams is sweeping across the XRP Ledger, putting wallet holders on high alert.

user avatarAyman Ben Youssef

Bitcoin Shows Resilience Amid Geopolitical Crisis

chest

Bitcoin experienced volatility amid geopolitical tensions, dropping from $65,500 to $63,000, then rebounding to $68,196 after the death of Iran's Supreme Leader.

user avatarKofi Adjeman

UBS Upgrades Palantir Stock, Forecasts Significant Growth

chest

UBS has upgraded Palantir's stock rating from Neutral to Buy, setting a new price target of $180 and projecting a revenue growth of 70% by 2026.

user avatarNguyen Van Long

Dogecoin and Shiba Inu Derivatives Metrics Show Weakness

chest

Derivatives trading volumes for Dogecoin and Shiba Inu have significantly decreased as traders remain cautious.

user avatarSatoshi Nakamura

Crypto Theft Declines Significantly in February 2026

chest

In February 2026, the crypto industry saw a significant decline in theft, with damages from hacks and scams totaling $265 million, a 69% drop from January.

user avatarJesper Sørensen

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.