What is a TON coin?
Toncoin is the native network cryptocurrency of the TON decentralized ecosystem. TON aims to enable fast payment settlement, easy-to-use decentralized applications, small fees, and other positives offered by its layer-1 independent blockchain.
elegram CEO Pavel Durov confirmed that he owns toncoin, the #cryptocurrency adopted by the messaging app. The price of toncoin has risen from $1.34 to $1.38, up 3% since he commented on the matter today.
Toncoin was launched in 2018 originally as a Telegram Open Network. It had its early utilities associated with the Telegram social network platform.Toncoin is a cryptocurrency and the native token of The Open Network (TON), which began as Telegram’s original blockchain project called Telegram Open Network.