Toncoin has entered the top 50 biggest cryptocurrencies on CoinGecko.
We’re happy to announce that the CoinGecko crypto resource platform has updated Toincoin’s ranking. Now, it is sitting comfortably in 32nd place per its market capitalization, which is worth $2.4 billion and whose daily trading volume is just north of $10.5 million.
In September, Toncoin made it to the top 50 biggest cryptocurrencies of the world on CoinMarketCap, occupying 31st place.
We’re relieved that the TON blockchain’s native cryptocurrency has finally earned its deserved spot among the ranks of the world’s most famous tokens now on the two most important crypto analytics services.
More than 50 Telegram usernames have found new owners.
Yesterday evening, the first Telegram username auctions kicked off on the Fragment marketplace, which launched last week.
The top five most expensive usernames were:
@auto — 900,000 TON
@bank — 850,000 TON
@avia — 800,000 TON
@chat — 700,000 TON
@fifa — 600,000 TON
The total amount spent on usernames came to about $9.12 million per Toncoin’s price at the time of writing.
Congratulations to the auction winners.
Once you get your hands on a username on Fragment, you’ll get access to all TON DNS possibilities.
For example, you can assign your new username to a wallet and use that instead of a long wallet address.
To do so, you go to the NFT section in the Tonkeeper crypto wallet, select the username, and tap “Link current wallet address” to assign the domain to your wallet’s address.
You can find a more detailed guide on assigning TON DNS usernames in the “Is it possible without a Chrome extension?” section.
It’s worth noting that at the moment, only tokenized Telegram usernames minted on the TON blockchain have access to TON DNS functionalities — i.e., only those bought on Fragment.
However, Pavel Durov has promised that users would be able to sell their usernames on Fragment to all Telegram users shortly.
Toncoin staking on the KuCoin crypto exchange for 12% APY
There’s a new event happening in support of Toncoin’s listing on the KuCoin crypto exchange. Tomorrow, on Nov. 2, the platform will open two fixed staking offers.
Staking for 10% APY
Duration: 7 days
Maximum deposit: 50,000 Toncoin
Staking for 12% APY
Duration: 14 days
Maximum deposit: 50,000 Toncoin
Please note: The event’s duration will be limited.
If you want to participate in staking, you must subscribe within the next 24 hours before 15:59 (UTC) on Nov. 2.
After the time mentioned above, the offers will be closed.
To participate, you must:
1. Create an account on KuCoin.
2. Go to the “KuCoin Earn” section.
3. Enter the “TON” ticker in the search bar.
4. Click “Subscribe” beside the staking offer in which you’d like to participate and deposit your Toncoin.
When the 7- or 14-day staking periods end, your Toncoin will be returned to your balance with the earned interest.
We also want to bring your attention to a particular detail concerning these two offers.
At first glance, 12% APY staking over a short period doesn’t look all that attractive compared to Huobi’s 500% or OKX’s 65% APYs.
However, KuCoin’s 50,000-Toncoin deposit limit is rather large, allowing Toncoin holders to earn potentially more interest compared to the offers from OKX and Huobi.
Other details for KuCoin’s staking offers can be found on this page:
https://www.kucoin.com/news/ton-fixed-promotions-enjoy-an-apr-of-up-to-12
TON Community Weekly Digest
Here’s a roundup of the ecosystem’s most exciting news from the past seven days.
Network stats update:
▪️ The number of new accounts created on TON from Oct. 23 to 29 grew from 1,375,643 to 1,392,174 (+1.2%).
News:
▪️ Pavel Durov, founder of Telegram, announced the launch of Fragment, an auction platform based on TON for selling and buying Telegram usernames in the “username.t.me” format. Read more.
▪️ KuCoin, a top 5 crypto exchange, opened Toncoin trading in the TON/USDT pair. Read more.
▪️ To celebrate the Toncoin listing, TON and KuCoin jointly launched a series of events, such as a trading contest, a holding contest, and a Twitter airdrop. Read more.
▪️ Crypto exchange Huobi Global launched three staking offers for Toncoin holders with 500%, 130%, and 100% APYs available. Read more.
▪️ Crypto exchange OKX launched two Toncoin staking offers with 60% and 15% APYs available. Read more.
▪️ The STON.fi DEX released and handed out Soulbound NFTs to early adopters. This was the first instance of the new Soulbound TON NFT standard being used in the ecosystem. Read more.
▪️ NFT marketplace Getgems released a new feature. Users can now make an offer at any price to buy an NFT, whose owner will have the ability to accept or decline. Read more.
▪️ A TON–KuCoin AMA was held with TON Foundation representatives Andrew Rogozov and Steve Yun. Read more.
▪️ The Ethereum and BNB Smart Chain bridge is in its final stages of development. Read more.
Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications to this channel. You won’t want to miss a thing!
Stake Toncoin for up to 500% APY on Huobi Global
We’re pleased to announce a new joint event with the Huobi crypto exchange, which is offering three fixed-staking programs:
▪️ Up to 50 Toncoin for 500% APY over 5 days.
▪️ Up to 400 Toncoin for 130% APY over 14 days.
▪️ Up to 400 Toncoin for 100% APY over 30 days.
The event’s duration and the prize pool are limited. You can find more details here and here.
To participate, you must:
1. Create an account on Huobi Global, if you don’t already have one.
2. Complete the second level of Know Your Customer verification (L2 Basic Verification), which will take five minutes at most.
Please note: You can only stake coins bought on the exchange.
Huobi is also hosting a contest for traders with a prize pool of 10,000 Toncoin.
The contest requires trading at least 500 USDT in the TON/USDT pair on Huobi between Oct. 27 and Nov. 6 at 12:00 (UTC).
The more volume you trade, the bigger prize you’ll have a chance at receiving. You can view the prize distribution table here:
https://www.huobi.com/support/en-us/detail/44921165113584
The reward Toncoin will be added to your balance seven days after the contest closes.
We encourage the entire TON community to take part in Huobi’s activities!
Accelerator project from the TonWhales
We’re always down for making shout-outs to grant initiatives and teams working in our ecosystem, so today, we want to introduce you to TonWhales’ accelerator program.
TonWhales is prepared to offer financial and advisory support to projects (either already operational or finding themselves in the early stages) that stand out as the best blockchain specialists and experienced product creators on TON.
Projects wanting to apply to the program must understand who the product is for and why it needs to be developed:
1. What problem does your project solve, and how?
2. How much funding is needed to bring the project to fruition?
3. Why have you chosen this much funding instead of another number?
If you can answer these questions easily, TonWhales will be happy to review your project and help with its development.
If you want to apply, you must go to the TonWhales Club website and fill out a simple form, after which a representative will get a hold of you.
Please note that applications are only available to members of the TonWhales Club.
After a community vote among validators, the “t.me” domain was added to the root TON DNS smart contract.
This news means that “t.me” owners now have the following opportunities:
▪️ You can assign the username.t.me format to your TON crypto wallet, allowing users to send Toncoin to your Telegram username.
▪️ Product creators can assign smart contracts to Telegram usernames. They can also assign usernames to decentralized TON sites.
Moreover, you can store your username in your crypto wallet, sell it, and even put it up for auction, but your ownership rights to your “t.me” will always be recorded on the blockchain.
In other words, “t.me” owners have received access to all the possibilities offered by TON DNS technologies.
Last week, the TON Foundation proposed to add “t.me” domains to the root TON DNS smart contract.
After a round of voting among community validators from Oct. 31 to Nov. 1, the TON Foundation’s initiative was approved.
All amendments have already been implemented.
Margin trading on Huobi Global
We’re pleased to announce the launch of the TON/USDT trading pair for margin trading on the Huobi Global crypto exchange.
Now, Toncoin leverage trading is available up to 3x on the exchange.
Please note: Trading with financial leverage carries additional risks, and we recommend beginner traders and investors avoid such instruments.
Up to 65% APY on Toncoin staking on the OKX crypto exchange
We’re pleased to announce two new financial products on the OKX crypto exchange. Users of the platform can now stake their Toncoin for 65% or 15% APY.
Fixed staking for 65% APY
Duration: 15 days
Maximum deposit: 100 Toncoin
Fixed staking for 15% APY
Duration: 30 days
Maximum deposit: 5,000 Toncoin
To participate, you must:
1. Create an account on OKX.
2. Go to the “Earn” section.
3. Go to the “Staking” section.
4. Select one of the staking offers, click “Subscribe,” and deposit your coins.
Please note:
The special offer has limitations. The quota for the 65% staking offer is capped at 12,000 Toncoin, while the 15% staking offer is limited to 38,000 Toncoin.
The event will end as soon as the quotas are reached.