Toncoin is the token used for transactions on the Toncoin ecosystem which is a layer-1 blockchain. Using PoS (proof of stake) and capable of fastening multiple transactions, Toncoin was developed by The Open Network. Toncoin presently stands at fourteenth rank which is even higher than previously launched Shiba Inu.
TON or Telegram Open Network inherits its name from Durov brothers as they started Telegram Messenger as well. Founded in 2018, and launched on the decentralized cryptocurrency exchange in mid-August 2021, prices traversed from 0.5199 (initial) to $1.43 (present). For a cryptocurrency to be introduced this early and overtake the likes of Binance USD, there is no doubt that $TON has potential.
However, does this altcoin stand a chance against big players of the cryptoverse? Read on to find out technical analysis and price predictions of Toncoin for 2023, 2025, 2030, 2040, and 2050.
Is Toncoin (TON) a Good Investment?
Investing in Toncoin is might be a good investment as prices are quite low from it’s all-time-high of $4.509. Our predictions below also show that $TON is projected to grow in coming years but we might see a further fall in prices.
We cannot assure now whether numbers are going to increase but indications do suggest so. Your investment in Toncoin should only come after you have conducted thorough research.
Toncoin (TON) Price History
| Year | Min Price | Max Price |
| Aug 2021 | $0.5199 | $0.869 |
| Dec 2021 | $1.783 | $5.003 |
| Jan 2022 | $2.084 | $3.974 |
| Apr 2022 | $1.674 | $2.334 |
| Aug 2022 | $0.901 | $1.514 |
| Dec 2022 | $1.764 | $2.657 |
| Jan 2023 | $2.127 | $2.546 |
| Apr 2023 | $2.193 | $2.358 |
For further details on price history of Toncoin, here is the full price chart:
Toncoin Price Prediction from 2023 to 2050
| Year | Min Price | Max Price |
| 2023 | $1.164 | $4.831 |
| 2024 | $2.160 | $3.959 |
| 2025 | $2.499 | $3.786 |
| 2030 | $5.287 | $7.605 |
| 2040 | $9.362 | $9.801 |
| 2050 | $11.489 | $28.196 |
Toncoin (TON) Price Prediction 2023
Price predictions for Toncoin by the end of 2023 shows that numbers can hit a maximum high of $4.831. Analysis also reveals that the present Exponential Moving Average (10) is downward sloping with a value of 1.480294360. Since we are receiving such strong signs of negativity, forecasting directly points to prices falling in recent times bringing a low of $1.164.
Toncoin (TON) Price Prediction 2024
Forecast of Toncoin (TON) prices by 2024 suggests that we might witness a high of $3.959 which will be a massive drop from its past performance. As such downtrend signs are related to $TON, low prices can also plummet till $2.160.
Our predictions are based on the high possibility of a bull rally by 2023 end. Talks around the market of a potential run are mostly on hold due to SEC crackdowns. Once this phase is over, the decentralized exchange of cryptocurrency can get a massive spike like back in 2021.
Toncoin (TON) Price Prediction 2025
For 2025, forecasting says that Toncoin ($TON) prices can be found trading for a high and low of $3.786 and $2.499 respectively. Market sentiment around cryptocurrencies is quite damaged right now and organizations would need to improve a lot to gain positive momentum.
The Open Network recently announced their plans for Rainbow Cross-Chain which is already showing results in their favor. By 2025, we expect more advancements like this to come which might bring average trading price of $TON to $2.805
Toncoin (TON) Price Prediction 2030
Price predictions for $TON in 2030 also suggest negative trends from present market analysis. Maximum high could touch $7.605 with a low of $5.287 and investors can actually make a respectable profit. Toncoin has dropped in price massively with oscillators such as Relative Strength Index (14) valuing to 30.745297300 (neutral).
It is forecasted that prices might reverse soon, which can take average values to $6.448 but being volatile (finance) giving any form of assurance is challenging.
Toncoin (TON) Price Prediction 2040
Long-term predictions of Toncoin prices show that the cryptocurrency has a potential to reach $9.801 high with a low of $9.362. We might not see any numbers skyrocketing even in 2040 and average values are expected to be around $9.576. The organization is planning to improve their blockchain by 2023 Q4 and has limited use cases.
Below are the list of uses of $TON and we are expecting to see more by 2040:
Check out the 2023 roadmap of Toncoin for further details.
Toncoin (TON) Price Prediction 2050
Cryptocurrencies are generally very risky investments and making any promises in the long-run is extremely uncertain. Even so, our forecast projects a possibility of a maximum price of $28.196 with a minimum of $11.489.
Such far-fetched predictions are based on the analysis of the present market. Even though the organization is yet to announce their plans for 2050, it is certain that the team will need to improve to stay on the cryptocurrency exchange.
Should I Invest in Toncoin?
After careful analysis of Toncoin (TON), it can be concluded that prices are going down rapidly and have a slight chance of recovery. In case of such an event, investing in $TON can be a good decision, but it all boils down to your perspective of the token.
If your research does not favor Toncoin, it is probably best to seek professional financial advice before investing.
Realistic Toncoin (TON) Price Prediction
We use a combination of fundamental, technical, and sentimental analysis to make realistic price predictions, and for Toncoin, it is not quite bright. Moving averages in multiple time spans only show signs of sell with some having very strong indications. Oscillators on the contrary show that prices might reverse but there is no assurance when.
While MACD (12, 26) suggest signs of sell with a value of −0.091442050, RSI is valued at 25.558653950 which is in the green zone.
The candlestick chart of Toncoin (TON) shows that in the last 14-candles, nine are red, and with Exponential Moving Average indicating downtrend, we can see a high and low of $0.864 and $3.321.
Disclaimer: Please note that the predictions made above are not a replacement for professional financial advice.
