Tonstakers (TSTON), STON.fi (STON), and These 3 Toncoin (TON) Tokens Are Set to 100x and Rival Market Giants
Toncoin (TON), is an innovative blockchain platform developed by the team behind the popular messaging app Telegram. According to prominent crypto analyst Andrew Moh, TON and its thriving ecosystem are well-positioned to rival market giants in the near future with potential 100x gains.
At the heart of TON’s potential lies its groundbreaking technology. The platform employs dynamic sharding, a process that adjusts the number of shardchains (smaller chains that process transactions in parallel) based on transaction load. This ensures efficient processing and scalability. Furthermore, TON’s “2-blockchain” design allows for the correction of incorrect shardchain blocks without forking the entire network, a significant advantage over many existing blockchains.
One of TON’s most notable strengths is its silent support from the Telegram team. Proposals such as NFT usernames, TON Space integration, and revenue sharing with Telegram’s 800 million monthly users could catalyze massive Web3 adoption. As Moh aptly states, “Having access to 800M monthly Telegram users is a significant advantage for onboarding users from Web 2 to Web 3, facilitating widespread adoption.”
The TON ecosystem is rapidly expanding, with over 613 apps and projects already built on the platform and 800,000+ active wallets. Several promising projects are leading the charge, including:
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Show more +- Tonstakers (TSTON): A liquid staking project that allows users to earn additional profits by staking TON. With over 31,000 stakers and a total value locked (TVL) of $142.2 million, Tonstakers is a key player in the TON ecosystem.
- STON.fi (STON): A decentralized automated market maker (AMM) that offers virtually zero fees, low slippage, and seamless integration with TON wallets. STON.fi aims to provide a user-friendly exchange accessible to a wide audience through Telegram.
- Bemo Finance: A leading liquid staking protocol on the TON blockchain, with a TVL of $30 million. Bemo’s recent airdrop has garnered significant attention, capitalizing on the growing popularity of liquid staking.
- DeDust: An advanced decentralized exchange (DEX) developed by ScaletonCo, offering a user-friendly interface, active vaults, and bridge functionalities. With ongoing reward programs and a steadily increasing TVL, DeDust is a platform to watch.
- Storm Trade: The first decentralized perpetual exchange on TON, allowing users to trade crypto, stocks, forex, and commodities through the platform and Telegram. With $2.6 million in 24-hour volume and a TVL of $3.5 million, Storm Trade is incentivizing traders and liquidity providers with a giveaway of 50,000 TON tokens.
As Moh emphasizes, the information shared reflects personal views and should not be construed as financial advice. However, the remarkable growth and innovative projects within the TON ecosystem are hard to ignore. With its cutting-edge technology, strategic partnerships, and a flourishing developer community, Toncoin and its ecosystem are well-positioned to challenge industry giants in the near future.
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