Cryptocurrency Q&A
What happened to Toncoin?
What happened to Toncoin?
KimchiQueenCharm
Wed Jul 03 2024
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7 answers
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Has anyone been keeping track of the recent developments surrounding Toncoin? I've noticed some significant fluctuations in its value over the past few weeks, and I'm curious to understand the driving factors behind these changes. Has there been any major news releases or announcements from the Toncoin team that might have influenced its market position? Additionally, are there any technical developments or advancements in the Toncoin network that investors should be aware of? I'd like to gain a deeper understanding of what's behind these market movements and how they might affect the future of Toncoin.
7 answers
CryptoChampion
Thu Jul 04 2024
The Telegram Open Network (TON) has recently unveiled its testnet2, introducing a total of 5 billion coins into circulation.
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CryptoSavant
Thu Jul 04 2024
This regulatory hurdle significantly impacted the progress and momentum of TON's development.
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Maria
Thu Jul 04 2024
Out of this vast supply, a minimal portion, constituting merely 1.45% of the entire coin base, has been designated for developers and testers.
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HanbokGlamour
Thu Jul 04 2024
In response, Telegram had to temporarily halt its work on the TON Ecosystem, leaving the future of the project in limbo.
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KimchiQueenCharmingKissWarmth
Thu Jul 04 2024
Despite these setbacks, the launch of testnet2 suggests that Telegram remains committed to pushing forward with TON's development.
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