Spiral Strategies
Posts
This Cryptocurrency Just Got Into the Top 10 Largest: Find Out How!

This Cryptocurrency Just Got Into the Top 10 Largest: Find Out How!

Spiral Strategies & Talal A
April 22, 2024

OVERVIEW

A Whole New World

G’day 👋

Hope you’re strapped in because we’ve got a crypto curveball that’s been knocking socks off left and right.

Up by a staggering 53% last month, TONCOIN isn't just playing in the big leagues; it’s setting new records and just leapfrogged an old-timer in the altcoin market cap race. 🏆

Let's dive into what makes TONCOIN not just another coin in the crypto arcade.

HISTORY

TONCOIN — Telegram’s Brain Child

You know Telegram, right?

That app your distant cousins overseas are constantly talking about? No? Maybe just mine then.

Well Telegram has over 900 million active users globally, it’s more than just a chat service. It’s a giant in the messaging world and now it’s stepping into the crypto ring with TONCOIN (TON). 🌍💬

Backstory Time

Flashback to 2018, Telegram had a wild idea to start its own blockchain, the Telegram Open Network (TON).

But, as fate would have it, the Securities and Exchange Commission (SEC) wasn’t having any of it.

Talk about a buzzkill, right?

Fast forward, and thanks to the heroics of two savvy developers, Anatoliy Makosov and Kirill Emelyanenko, the project got a second wind.

Now, under the banner of The Open Network (TON) Foundation, it’s all systems go!

BACKGROUND

Swiss Army Knife

TONCOIN is very versatile, like a Swiss Army knife but in the world of crypto. It has many uses, from secure payments to providing safe internet access.

At its core TON is like any other crypto, it runs on blockchain technology that records transactions across multiple computers in a network.

Each transaction is encrypted and linked to the preceding one creating a chain of blocks in chronological order ⛓️ .

To legitimize these transactions TON uses a system called Proof of Stake (PoS), where validators (computers) holding the most $TON are chosen to legitimize transactions.

Essentially, the more coins you hold, the more power you have to validate transactions, and earn fees 💰️ .

What Sets TONCOIN Apart?

Large Userbase: Thanks to it being a pseudo product of Telegram, it has the advantage of having a ready userbase, 900 million of them!
Jack of All Trades: From wallets to decentralized internet access and even blockchain-based domain names, TONCOIN’s got it all.
Speedy Gonzales: TONCOIN’s network once hit a whopping 55,000 transactions per second in tests. That’s like the Usain Bolt of crypto transactions!

In terms of speed, TONCOIN smashes the top six fastest cryptocurrencies 👇️

Click To Expand

NEWS

BULLISH HEADLINES

Onstage at Token 2049 in Dubai, the CEOs of Tether and Telegram jointly announced on Friday that USDT, the largest stablecoin in the world (stablecoin — a crypto currency linked to the US dollar), will launch on The Open Network (TON) and the Telegram wallet.

The launch of USDT on TON will allow seamless value transfer globally in a simple experience that can match even the traditional financial system, this furthers our mission of powering open financial infrastructure across the blockchain space.

Paolo Ardoino — Tether CEO

This boasts Telegram not only as a communication platform but also a crypto hub.

The Director of Investments for the TON Foundation breaks down the importance of this news,

We really anticipate this being a catalyst for non-crypto people to come into crypto for the first time, and for Telegram mini-apps to really proliferate

Justin Hyun — Director of Investments

More Bullish News

That's right—Telegram is set to tokenize stickers and emojis, turning them into NFTs on the TON blockchain.

RECAP — NFTs serve as digital ownership certificates for unique items like art, music and now emojis. NFTs are one-of-a-kind. When you buy an NFT, you're buying a sort of digital bragging right that says, "I own this specific piece of digital property" and that ownership is recorded on a blockchain.

This initiative aims to create a vibrant ecosystem where Telegram goes beyond messaging to include commerce and content creation.

Speaking of content creations.

Ad Revenue On Telegram

Telegram is also revamping how it generates revenue.

Content creators will soon earn 50% of ad revenue through Telegram’s Ad Network

This make Telegram one of the most generous platforms for revenue sharing in social media.

TECHNICAL ANALYSIS

Time To Invest In TONCOIN?

The price action of TON has been parabolic, all these bullish news catalysts are just adding fuel to the fire.

Take a look at the growth of TON in recent days 👇️

Click To Expand

The question is,

Is this the right time to hop on the TON Train?

Uh, Oh… 😧 The rest of this report is exclusive to VAULT members!

To unlock access to it & start receiving weekly reports that will help you invest successfully in crypto, please upgrade your subscription.

WHAT’S LEFT INSIDE THIS REPORT?

Entry Zones — Areas of Where Whales (large investors) Are Placing Order Entries
Price predictions for $TON — Comparing It To Cycles Of Similar Assets Like $SOL
Bull market strategy — What Should You Do After Getting $TON?

Enter the VAULT now to unlock access to this report & future weekly insights that help you invest successfully in crypto.

PLUS: Get Access to our Private Members Telegram GROUP Where You Have DIRECT connection with our MYSELF AND OUT EXPERTS.

WHAT VAULT MEMBERS ARE SAYING: