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The Open Network Reaches 100 Million Holders: Rapid Growth and Its Implications

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2 hours ago


The Open Network (TON) is experiencing significant growth, reaching 100 million users, making it a standout in the cryptocurrency world.

Record Growth in The Open Network Holders

The number of The Open Network users has surged from 4.3 million at the start of the year to 100 million. This rapid increase is partly due to the launch of popular Telegram gaming tokens, like HMSTR.

At the beginning of the year, the number of holders was 'only' 4.3 million. This shows that TON has experienced huge growth.@JA_Maartun

Toncoin Market Cap and Trading Volumes

Toncoin's current market capitalization is approximately $13.2 billion, with recent 24-hour trading volumes exceeding $221 million.

Market Volatility and Asset Distribution

Despite general optimism, 75% of Toncoin holders are at a loss, highlighting market volatility and a concentration of wealth among large holders.

The Open Network continues to grow, attracting millions of users, yet the market remains volatile and asset distribution uneven, requiring careful consideration by investors and users.

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