Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a layer-1 blockchain initially developed by Telegram. After regulatory hurdles with the U.S. SEC (Securities Exchange Commission), Telegram abandoned the project, and TON was taken over by the community in 2020
Toncoin (CRYPTO: TON) is the native cryptocurrency of The Open Network (TON), a layer-1 blockchain that was initially developed by Telegram. After running into regulatory hurdles with the U.S. SEC (Securities Exchange Commission), Telegram abandoned the project, leading to TON being taken over by the community in 2020.
Known for offering high scalability and fast transaction speeds, TON is designed to support decentralized applications (DApps), decentralized finance (DeFi), and non-fungible tokens (NFTs).
Currently, Toncoin has a market cap of $14.88 billion, with a trading volume of $310 million. The cryptocurrency has been gathering steam, with bullish price predictions that see it potentially reaching $10 by the end of 2024, and $47 by 2025. Toncoin is supported by a strong community, with increasing buying pressure, and is positioned to be a major player in the blockchain space.
However, Toncoin’s challenges include regulatory concerns and competition from newer blockchains, which offer higher transaction speeds and lower costs. That’s where Bitgert comes into the picture.
About Bitgert
Bitgert ($BRISE) is a highly scalable, layer-1 blockchain that's known for its blazing-fast speed and nearly zero transaction costs. Designed to support decentralized applications, smart contracts, and DeFi platforms, Bitgert aims to revolutionize blockchain technology by offering a faster, more cost-efficient alternative to older networks like Ethereum, Solana, and yes, Toncoin.
Why Bitgert is a Better Investment Choice than Toncoin
Conclusion: Bitgert’s Edge Over Toncoin
Toncoin is undoubtedly a strong contender in the blockchain space, with solid fundamentals and a promising future. However, Bitgert’s superior transaction speed, nearly nonexistent fees, and a more comprehensive ecosystem give it the upper hand. For investors who are looking for a blockchain that combines speed, cost-efficiency, and innovation, Bitgert offers a better value than Toncoin.