Telegram TON

TON

Target Name

Telegram TON

Ticker

TON

Strategy

long

Position Type

token

Current Price (USD)

-

Circulating Market Cap ($M)

-

Fully Diluted Market Cap ($M)

-

CoinGecko

Jason Kam

23 Aug 2024, 07:34pm

From a while back but good overview on TON. Personally think w/ the waves of H5 games hitting TON from China in the next 2-3 months, allocation to TON from sidelined capital should drive it up 2-3x then in-line w/ ETH / SOL.

Why TON might be the next best thing since sliced bread

Relative to some of the OGs lurking out there I’ve been involved in DeFi/crypto for a relatively brief amount of time, perhaps nearing 2 years. In that period, not only do I feel as though I aged 50 years thanks to the volatility of DeFi and the crypto markets more broadly, but I think I’ve seen it all. The degeneracy, the gambling, the leverage, the beautiful feeling of edge and the cope and seethe by counterparties on the way up, but also the crushing downswings, the liquidations, the acute schadenfreude and soulless rugs/exploits on the way down. Thats why I believe I am well-placed to put this traditional-financesque memo out on a crypto-currency which might speak to some of the fund managers out there but also the retail degens that are just looking to make it big. I hope to have the time to continue making a few more of these pieces as well as separate exploratory numerical analyses, as long as 1) crypto-alt markets remain interesting and more importantly 2) if I notice that (anglophone) Twitter is proportionally under-representing a specific project/play, as it has done with TON and its eco-system.

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mirror.xyz

Affiliate Disclosures

  • The author and/or others the author advises do not currently hold, or plan to initiate, an investment position in target.
  • The author does not hold an affiliated position with the target such as employment, directorship, or consultancy.
  • The author is not being compensated in any form by the target in relation to this research.
  • To the best of the author’s knowledge, the information provided here contains no material, non-public information. The accuracy of the information is the responsibility of the reader.