• 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

Seven Ways to Increase Your Life Insurance Coverage for Free

chest

A report presents seven strategies to enhance life insurance coverage for free.

user avatarBayarjavkhlan Ganbaatar

The Pros and Cons of Employer-Sponsored Life Insurance

chest

A recent analysis highlights the benefits and drawbacks of employer-sponsored life insurance, emphasizing its role as a supplement to individual policies.

user avatarMohamed Farouk

Unlocking Hidden Value in Life Insurance Policies

chest

A new report reveals how individuals can enhance their life insurance coverage without raising their monthly premiums.

user avatarElias Mukuru

Mutuum Finance Aims for Stability with Overcollateralized Stablecoin

chest

Mutuum Finance is introducing an overcollateralized stablecoin to enhance stability and profitability in its ecosystem.

user avatarDiego Alvarez

Mutuum Finance Presale Attracts Major Investors

chest

The presale of Mutuum Finance (MUTM) is gaining traction among institutional and retail investors, raising nearly $188 million.

user avatarKenji Takahashi

Impact of Illegal Crypto Mining on the Cryptocurrency Ecosystem

chest

Illegal crypto mining creates multiple problems for the entire cryptocurrency ecosystem, distorting energy markets, increasing costs for legitimate users, and damaging the industry's reputation.

user avatarMaria Fernandez

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.