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TON price prediction 2024-2030: Will TON reach $100?

1y ago
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Key takeaways:

  • Our TON predictions anticipate a high of $7.38 by the end of 2024.
  • In 2025, it will range between $3.53 and $4.45, with an average price of $3.66.
  • In 2030, it will range between $23.35 and $28.25, with an average price of $24.18.

Toncoin (TON) has dropped 24% over the last 30 days and is up 1,295% since inception. Looking ahead, TON is anticipated to trade higher. It will cross the $10 mark in 2028 and $20 in 2030.

TON (The Open Network) is a decentralized protocol designed by Telegram and created by the community. The protocol is designed as a distributed supercomputer, or “super server,” that consists of TON Blockchain, TON DNS, TON Storage, and TON Sites. The native token for the network is called Toncoin.

“Will TON ever go up? Can TON reach the $10 mark? Where will TON be in five years?” These are the questions traders and investors ask. Let’s answer them and more in our Toncoin price prediction.

Overview

CryptocurrencyToncoin
TickerTON
Current price$5.79
Market cap$14,571,385,134
Trading volume$407,383,969
Circulating supply2,516,515,240
All-time high$8.24 on Jun 15, 2024
All-time low$0.3906 on Sep 20, 2021
24-hour high$8.24 on Jun 15, 2024
24-hour low$0.3906 on Sep 20, 2021

Toncoin price prediction: Technical analysis

MetricValue
Volatility (30-day variation)7.03%
50-day SMA$7.19
200-day SMA$5.27
SentimentBearish
Fear and greed index17 (Extreme fear)
Green days12/30 (40%)

Toncoin price analysis: Bear run on the horizon

Key takeaways: 

  • Other than TRON, TON is the other mega altcoin that consistently registered a bullish run in the first half of 2024.
  •  However, its price declined significantly, dropping below its 100-day SMA, placing the coin under bearish pressure.

TON fundamental analysis

TON analysis for August 6. Other than TRON, TON is the other mega altcoin that consistently registered a bullish run in the first half of 2024. However, it saw a notable price decline, dropping below its 100-day SMA. This breach of a critical level has placed the digital asset under bearish pressure, raising concerns among investors and traders. With the $5.5 mark now on the horizon, there is market speculation about whether the price will continue to decline or if a possible recovery could occur.

TON price 1-day chart analysis: TON breaks out lower

TON price analysis: Image source TradingView

In the period shown on the chart, TON rose from $2.27 to $8.25 at its peak, a substantial return for early investors. It seems to have assumed a bear run at current levels, possibly correcting from the bull run. It registered negative momentum through August, limiting the chances of registering new highs. The William Alligator is feeding, signaling rising market volatility.

Toncoin technical indicator: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 36.19SELL
SMA 56.27SELL
SMA 106.47SELL
SMA 216.83SELL
SMA 507.19SELL
SMA 1006.84SELL
SMA 2005.27BUY

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 36.27SELL
EMA 56.41SELL
EMA 106.59SELL
EMA 216.82SELL
EMA 506.98SELL
EMA 1006.62SELL
EMA 2005.63BUY

Is TON a good investment?

The Open Network enables rapid transactions and supports various decentralized applications. The network’s association with Telegram is fast-tracking the onboarding of new users into web3. According to our price predictions, TON is set to make more records in the future.

What can we expect from APT price analysis next?

Our analysis shows the current sentiment is bearish, while the Fear and Greed Index shows extreme fear among investors. The charts show TON is correcting from the bull run.

Why is TON down?

TON is trading at its lowest this month, and the rest of the crypto market also dropped below $2 trillion capitalization. The drop in TON value could be attributed to the slump in the crypto market.

Will TON reach $10?

Yes, TON should rise above $10 in 2028. The move will come as the market recovers to previous highs.

Will TON reach $100?

Per the Cryptopolitan price prediction, TON remains unlikely to get to $100 before 2030.

Will TON reach $1000?

Per the Cryptopolitan price prediction, TON is unlikely to reach $1000 before 2030.

Does TON have a good long-term future?

According to Cryptopolitan price predictions, TON is set to trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Recent news/ opinions

The TON team has partnered with TONKeeper to launch the W5 Smart Wallet. This development promises to redefine transactions on the TON blockchain, offering gasless fee transactions.

TON price prediction August 2024

TON will break above the $8 resistance. The TON August price prediction will range between $5.21 and $7.38. It will average at $5.78.

MonthPotential Low ($)Potential Average ($)Potential High ($)
August5.215.787.38

TON price prediction 2024

As the second half of 2024 unfolds, TON remains bullish, as evidenced by the price registering higher highs. The price will range between $2.51 and $7.38. The average price for the month will be $5.62. 

YearPotential Low ($)Potential Average ($)Potential High ($)
20242.515.627.38

TON price prediction 2025 – 2030

YearPotential Low ($)Potential Average ($)Potential High ($)
20253.533.664.45
20265.245.426.19
20277.747.968.97
202811.0211.3413.45
202916.1816.6419.17
203023.3524.1828.25

TON price prediction 2025

The Toncoin price forecast for 2025 set the high at $4.45. However, when the market corrects, TON will reach a minimum price of $3.53 and an average of $3.66.

TON price prediction 2026

The year 2026 will experience more bullish momentum. According to the TON price prediction, it will range between $5.24 and $6.19, with an average trading price of $5.42.

TON price prediction 2027

The TON prediction climbs even higher into 2027. According to the prediction, Toncoin’s price will range between $7.74 and $8.97, with an average price of $7.96.

TON price prediction 2028

The analysis suggests a further acceleration in TON’s price. TON will trade between $11.02 and $13.45. It will average at $11.34.

TON price prediction 2029

According to the TON price prediction for 2029, the price of TON will range between a minimum of $16.18, a maximum of $19.17, and an average of $16.64.

TON price prediction 2030

The TON price prediction for 2030 indicates the price will range between $23.35 and $28.25. The average price of Toncoin will average at $24.18.

TON price prediction 2024-2030

TON market price prediction: Analysts’ TON price forecast

Firm202420252026
DigitalCoinPrice$12.43$14.53$20.21
Swapspace$6.17$7.48$2.95
Gate.io$5.52$5.93$6.85

Cryptopolitan’s TON price predictions

Our predictions show TON will achieve a high of $7.38 in the second half of 2024. In 2025, it will range between $3.53 and $4.45, with an average of $3.66. In 2030, it will range between $23.35 and $28.25, with an average of $24.18. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

TON historic price sentiment

TON/USD price chart. Image source: CoinStats

  • Toncoin launched in 2018 as the Telegram Open Network (TON) but was later renamed “The Open Network” and taken over by the TON Foundation. 
  • In June 2020, all Toncoin tokens (98.55% of the total supply) became available for mining. 
  • The tokens were placed in special Giver smart contracts, enabling anyone to mine until 28 June 2022. Users mined around 200,000 TON daily.
  • All the tokens were mined in two years, marking the completion of the distribution event.
  • On September 20, 2021, TON registered its all-time low price at $0.3906.
  • Its first significant break came in November 2021. In days, the coin slid from $0.8 to $4.5.
  • It corrected in 2022, reaching a low of $0.9.
  • In 2023, it ranged between $1.1 and $2.5.
  • In 2024, it registered another bull run, rising from $2.11 to its all-time high of $8.24 on Jun 15, 2024.
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