+

Total Market Cap: $2.370T

24h Volume: $33.000B

BTC Dominance: 67.67%

Global Market Sentiment: 29

Average Market Correlation: 0.30

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
LogoCCY
CoinRisk
Beta

Toncoin

TON
Rank #16
$3.032

-4.72%

Low:
$2.87
High:
$3.041
(24h)
Volume 24h
$125,258,024
-33.63%
Circulating Supply
2,478,783,125 TON
Total Supply
ISSUE TO SOLVE
Max Supply
N.A
Market Cap
$7,181,815,837
Fully Diluted Market Cap
N.A
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
96.96%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.33
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
0.377
Market Dominance
0.30%
ATL/ATH
$0.91/$7.72
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
29
Information for Toncoin
Last News related to Toncoin
What is Toncoin ?

Overview

Polygon (MATIC), formerly known as Matic Network, is a Layer 2 scaling solution for Ethereum that aims to provide faster and cheaper transactions by using sidechains and other scaling technologies. Launched in 2017, Polygon enhances Ethereum's scalability and usability without compromising on security. It has become a popular platform for developers looking to build and scale decentralized applications (dApps) efficiently. Polygon's framework supports a multi-chain Ethereum ecosystem, making it a critical component in the development of Web3 applications.

Utility

The native token of Polygon, MATIC, is used for paying transaction fees on the network, staking, and participating in the governance of the Polygon ecosystem. MATIC tokens are integral to the network's operations and are used to incentivize validators and secure the network. Polygon's efficient and cost-effective infrastructure supports a wide range of applications, from DeFi projects to gaming and NFT platforms.

Security

Polygon employs a Proof of Stake (PoS) consensus mechanism to secure its network. Validators on the network are required to stake MATIC tokens to participate in the consensus process, ensuring the network's security and decentralization. Polygon's architecture also includes additional security features, such as Plasma chains and zk-Rollups, to enhance its security and scalability. These technologies work together to provide a robust and secure environment for decentralized applications.

Supply data provided by CoinGecko API
LogoCCY
Latest Crypto News