#Toncoin The second reason why TON is suitable for long-term investment
Technical support and scalability:
The technical support behind TON tokens is an important factor in their value. TON coins are a blockchain project developed by Telegram Messenger, which aims to build a high-performance, secure and scalable distributed network.
The project has attracted some top engineers and experts, and its underlying technology has been recognized. This technical support means that TON coins have high scalability and can handle a large number of transactions and data.
Development prospects and market demand:
As an emerging encrypted digital currency, TON coins have a relatively optimistic development prospect. As a world-renowned social media platform, Telegram has a large number of users, so the digital currency launched also has a certain audience base.
As the native token of the TON network, TON coins are designed to be scalable and are said to be able to accommodate billions of users, and are expected to produce a true Web3.0 Internet with decentralized storage, anonymous networks, DNS, instant payments and various decentralized services.
Market performance:
According to the latest data (as of June 8, 2024), TON coin ranks 10th in global market capitalization, showing its market position and investors' recognition of it.
The current price of TON coin is US$7.44 (approximately RMB 53.26), and there is an upward trend (such as an increase of 2.42% in 24 hours).