Toncoin TON

What TON actually is on-chain

Toncoin is a Jetton deployed on TON, at contract address EQAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM9c. That address, not the ticker TON, is what uniquely identifies this asset: anyone can deploy a second token calling itself TON, but the contract is unforgeable. Verify it against tonviewer.com before sending funds or approving a spend.

Transfers of TON are paid for in TON, and the on-chain liquidity that exists for it is concentrated in STON.fi and DeDust pools.

2 other assets tracked on this site also use the ticker TON: Tokamak Network (Ethereum, 0x2be5…33c5); TON Community (Ethereum, 0x6a6c…520a). The asset on this page is specifically the TON deployment at EQAAAA…AM9c. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For TON the project publishes a whitepaper, a public source repository and an active account as @ton_blockchain. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where TON sits in the market

At #20, Toncoin sits in the top of the large-cap band, near enough to the leaders to be quoted like one of them. This close to the leaders the book behaves like a major most of the time: TON quotes continuously on the large venues and the spread is rarely the reason a trade goes wrong. What separates it from the top ten is reflexivity — it takes the benchmark's direction and amplifies it, so drawdowns arrive faster than the rank suggests.

We are not currently receiving a live TON order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. TON is a TON asset, so whatever turnover exists is most likely in STON.fi and DeDust pools rather than on a centralised book, and every fill there costs TON in gas on top of the pool's own fee.

TON against its all-time high

Toncoin's record high is $8.25, set on 2024-06-15. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set roughly 2 years ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live TON price — a stale or single-pool number would make that percentage look precise when it is not.

TON across its historical range

The recorded range runs 15.9x, from $0.5194 to $8.25 — wide by the standards of traditional assets, moderate for this one's class.

The record low of $0.5194 was printed on 2021-09-21 — 5 years ago. We have no live quote to measure the current distance from it.

TON supply structure

Only 51.8% of TON's 5.18 billion TON total supply is circulating; 2.49 billion — 48.2% of the total — is not yet in the market. A float this narrow means the quoted price is set by a small fraction of the eventual supply, and the unlock schedule, not demand, is the dominant variable in the supply narrative. Thin float also amplifies both directions of any move.

What kind of asset TON is

Toncoin is a base-layer network, so TON is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself. It is secured by proof of stake, so a portion of the supply is bonded to validators at any moment and the float genuinely available to trade is smaller than the circulating figure implies; unstaking queues, not order books, set how fast that can change.

CoinGecko files TON under 10 categories, including BNB Chain Ecosystem, Layer 1 (L1), Ethereum Ecosystem, Animoca Brands Portfolio, Alleged SEC Securities. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading. Worth flagging from the metadata: TON has been named in SEC enforcement filings as an alleged security, and is listed in the DWF Labs portfolio.

How to set a Toncoin alert that is worth receiving

Toncoin is the Jetton at EQAAAA…AM9c on TON — high dated 2024-06-15 — rank #20. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →