Best Crypto for Short-term Profit: Toncoin's Unique Utility

13 MIN READ
Best Crypto for Short-term Profit

Based on our most recent research for the best crypto for short-term profit, we found that Toncoin (TON) is an excellent choice for a short-term investment due to its being Telegram native token and the fact that 900 million Telegram active users can pay for the app with TON for services such as Telegram premium, eSIM and even buy and sell NFTs. Additionally, Toncoin allows payment for VPN services for more secure internet access, helps Telegram community owners monetize their groups, and supports in-game purchases for gamers. It also enables users to send money directly to others within the app. These different uses help Toncoin's popularity grow along with Telegram's services, increasing its potential for growth.

One of the reasons why cryptocurrency is liked so much for short-term investing is because it has quick profit-taking potential. The crypto market is highly volatile, and prices often swing extremely in any direction in a short time. While this volatility can offer chances at huge returns, it also carries huge risks.

Focusing on projects with real-world utility is one of the best strategies for short-term investments. Cryptocurrencies with strong technology behind them and clear use cases are usually more rewarding when the market fluctuates. Therefore, Toncoin (TON) is considered an attractive choice for short-term investment.

When searching for the best crypto for short-term profit, one must not just look at the market trends but also dive into the project to which a coin belongs. Toncoin is part of The Open Network (TON), a highly scalable blockchain network originally developed by Telegram Open Network. The network has high-performance characteristics, including quick transactions, low fees, and integration into Telegram messenger. These features give TON substantial utility, which can contribute to its potential price growth in both the short and long term.

In a volatile market, choosing a cryptocurrency like Toncoin that could be used in the real world will help to reduce risk. Investors who project in the short term are able to benefit from this volatility by looking for projects that have strong technological backing and real-world applications.

Where It All Started: Telegram's Dream For TON

TON, The Open Network, was actually developed by the Durov brothers back in 2018, the ones who created Telegram. They wanted to make a blockchain network integrated with Telegram that would enable users to send and receive quickly. It started as Gram, with a massive ICO that attracted an insane amount of money. TON was created as a blockchain platform capable of processing millions of transactions per second.

Regulatory and Decentralization Challenges

But stiff regulatory resistance soon confronted TON and dashed its early promise. The U.S. Securities and Exchange Commission (SEC) took action against the ICO, claiming it violated securities laws. That, in turn, caused Telegram to abandon the project in 2020. However, like many other projects, the open-source community saved the day. TON is now operated by the decentralized TON Foundation, maintaining the original vision with more emphasis on community contributions.

Scalability in the Core of Layer-1 Blockchain Architecture

One of TON's key selling points has been its scalable layer-1 blockchain architecture. The network is based on an original architecture containing a masterchain and a number of workchains that can be divided into smaller blocks called shards. Thus, the network is capable of processing millions of transactions in parallel, making TON highly scalable. For someone looking to find out the best crypto for short-term profit, this scalability makes a massive difference as it ensures the network can handle growing demand without congestion.

PoS Consensus and Energy Efficiency

TON uses the PoS (Proof of Stake) consensus mechanism, which allows for near-instant, secure transactions that are more energy-efficient compared to the proof-of-work systems used by traditional cryptocurrency networks. The staked Toncoins determine the validator who confirms transactions on the network. This also gives them voting power in key decisions regarding the network's future. With this PoS system, TON is not just efficient but also environmentally friendly, which is one of the standards that cryptocurrency should meet nowadays.

Integration with Telegram

The tie remains strong between Telegram and TON, even though TON is now outside Telegram’s umbrella. Users can send payments from their Toncoin wallet and pay bills at stores and merchants that accept Toncoin. With a social network of over 1.5 billion Telegram users, TON has a huge space for development and adoption. This integration could make TON the first major coin with real-world utility, which can be a significant advantage for short-term speculators. All things considered, TON is a great choice if you're looking at what crypto to buy for the short term, partly because its technological backbone is already a major tech platform.

Why TON coin for the Short Investment?

Backed by a Leading Tech Project

TON was first launched as a blockchain platform by the team behind Telegram, one of the largest messaging apps in the world with 1.5 billion users. While the TON project has become more of a decentralized, open-source community, having such a company behind it provided legitimacy and confidence. The fact that the TON token is firmly tied to a real-world project with a large user base due to Telegram's pre-existence and established infrastructure provides an excellent starting background for its value.

High-Speed, Low-Cost Transactions

The TON blockchain transaction takes almost no time and costs just a fraction of a cent. This makes it perfect for both developers and users. Shorter processing times appeal to short-term investors because quicker adoption becomes a possible catalyst for positive price movement.

Growing Adoption

TON has seen significant adoption since it was first announced, both from Telegram and other communities. The more developers that build on its blockchain and the more users transact with its token, the greater the demand for TON could become. Short-term investors may profit by speculating on the rising adoption, leading to price appreciation over a short period.

Market Sentiment and Community

TON is backed by a large and expanding community; this is due to both the association that the project has with Telegram and some unique blockchain features. A network effect can generate a sense of bullishness in the markets by resulting in active communities, and such feelings could further tie into short-term price rises. Moreover, the project is an open-source one where developers can always improve the blockchain, which might attract a number of use cases for their token, increasing its demand.

Role of Utility in Short-Term Investment in Crypto

The role of utility in short-term cryptocurrency investment is indispensable for the success of any such investments. One crucial element that must be considered when searching for the best crypto for short-term profit is the utility of crypto.

Understanding Utility in Cryptocurrencies

Utility refers to the real-world application and value that a cryptocurrency provides. It could be the speed with which a coin can process transactions, how much privacy it provides, or how integrated that particular software is in comparison to other coins. The utility of cryptocurrency increases its level of adoption and demand on the market.

Real-world utilities of Toncoin

Telegram Premium

Purchases within Telegram can be made using Toncoin. An important use of the Toncoin in this regard is to purchase Telegram Premium. This service enhances the standard messaging experience by offering additional features such as improved upload capacities, exclusive stickers, and advanced chat management tools. Having the purchase done directly through Toncoin motivates the user to invest in the cryptocurrency, increasing the price.

Paying for Digital Art and NFTs with Toncoin

Through this integration, users can easily purchase and sell digital artworks or collectibles at a platform they are already familiar with, enabling more real-world applications for Toncoin and increasing its circulation and adoption through art practitioners.

Simplifying Global Connectivity with eSIM Purchases

Travelers can buy eSIM services inside Telegram through TONcoin. This feature does away the necessity of physically securing a SIM card and allows you to simply switch to local networks while traveling. This easy access to an eSIM makes Toncoin more attractive to frequent travelers.

VPN Services for Secure Internet Access

Through the Telegram app, Toncoin enables users to pay for VPN services so that they can be even more secure and private. This is especially important for those who are concerned about data privacy. Toncoin makes it more convenient to buy VPN services.

Monetizing Telegram Communities

Community owners on Telegram can monetize their groups in Toncoin. That can be with content subscriptions or fee-based exclusive member access to the group, as well as direct member contributions. In doing so, not only can telegram users be financially assisted, but also the spread of Toncoin is strengthened, thus increasing its price.

Enhancing Gaming Experiences

Telegram gamers can buy weapons, armor, or credits with Toncoin. The direct integration in popular games like "Clash of Streamers" helps to much more to interactive gaming experiences. Telegram has developed a rich, participatory ecosystem through adding Toncoin into in-game payments. This motivates both developers and players to use Toncoin.

Enabling Direct Peer-to-Peer Transactions

Last but definitely not least, Toncoin enables users to send money to others through the Telegram app itself. This peer-to-peer transaction ability is key in that it not only supports everyday financial use among users but also increases the adoption of Toncoin as a utility token within the Telegram environment.

Advantages to investing in TON coin for short-term

The short-term investment in the TON coin presents a number of unique benefits that make it very attractive in the world of cryptocurrencies. The primary advantages in quick-term investing in Toncoin are the following:

Fast Transactions and High Scalability

One of the most obvious technical advantages is fast transaction Toncoin with good scalability. TON blockchain implemented sharding which can process millions of transactions per second. By doing so, it ensures that as the network grows, there is room for further demand without causing congestion or higher fees. The ability to support such infrastructure is desirable from both the developer and user perspective, potentially increasing adoption in the short run. This tells investors that the Toncoin ecosystem has already been built and can sustain a higher traffic level, which could result in an increase in value.

Growing Demand in DeFi and dApps

Toncoin has experienced remarkable growth in the Total Value Locked (TVL) segment of decentralized finance (DeFi) activities. Its TVL increased by more than 1,300% in 2024 as staking, liquidity pools, and lending services saw greater participation in the TON ecosystem. This use of Toncoin might interest those with eyes looking for quick profits, as more utility means a higher price quite often. Toncoin also drives a range of decentralized applications (dApps), which are only growing, further fueling the demand for the token.

Developer Support and Incentive Programs

The developers behind TON have created interesting reward programs to lure developers and third parties to adopt it. The TON team, for example, allocated millions of Toncoin to award community contributions and liquidity pools, a tactic that attracted developers keen on building decentralized applications using its system. Such incentive structures can also organically create demand for Toncoin, which contributes to price appreciation and is even more tangible when new projects or applications launch.

Price Volatility Favorable for Short-Term Gains

The high volatility in the price of Toncoin indicates it can be very profitable for short-term traders. Over the last few months, there has been severe volatility in this coin, and that means it creates trading opportunities every time the price swings. Toncoin's utilization within the gaming and NFT platforms on Telegram, for example, Toncoin is actively used in Telegram-based games like "Notcoin". This clicker game offers a play-to-earn model where users can earn Toncoin through gameplay. Notcoin has attracted a significant user base with its innovative reward systems and social challenges, helping to drive up the demand for Toncoin.

Best Crypto for Short-term Profit

Risks of Short-term investment in TON coin

When deciding on the best crypto for short-term profit, it is important to weigh risk and reward. Even though it is linked to the well-known network of the instant messenger Telegram, Toncoin (TON) scares short-term investors with some risks.

Market Volatility

Toncoin is subject to the same price fluctuations as any other cryptocurrency due to supply and demand. For example, Toncoin recently gained in value, but this caused its technical indicators, including the relative strength index (RSI), to enter an overbought zone. Once a cryptocurrency has been at this price, it is likely to be purely volatile and could fall in value very sharply. This is problematic for short-term investors since the price could drop just as fast.

As a real-world example, the recent arrest of Pavel Durov, who created Telegram and TON, affected how people feel about and invest in TONcoin. Such events typically lead to volatility due to the uncertainty they introduce among investors and users about the future direction and stability of the cryptocurrency's underlying technology and governance.

competition and adoption issues

Apart from the strong connection to Telegram, Toncoin is still fresh on the market and battling it out with more established platforms such as Ethereum, Solana, and Avalanche. These platforms have greater distribution and more developer mindshare, which can bring more users and institutional support. If the project is adopted slowly or does not attract a larger group of users, it could reduce Toncoin's price and make it less attractive for short-term profits.

Bearish Market Sentiment

Despite its recent gains, there are also red flags that could be a sign for a future reduction in Toncoin's value. The negative funding rates are a reflection of bearish feelings. It suggests that a lot of traders suppose that Toncoin will decline in value, and this may cause them to sell the coin in large numbers. This would depress the price of the token. The more traders who place sell trades on a market, the potential for financial loss for short-term investors.

In conclusion, Toncoin has potential for growth but comes with significant risks for short-term investors. The volatile price, regulatory uncertainties, extreme competition, and bearish market sentiment suggest that while it could see gains, the risks are high.

Characteristics of Best Coins for Short-Term Investment

When considering best crypto for short-term profit, certain characteristics make some coins particularly appealing. Here’s a concise overview based on recent market insights:

High Liquidity

Naturally, the high level of liquidity translates to a trader's enhanced ability to enter and exit trades at their preferred prices without causing too large fluctuations in the market price. This is especially vital in the crypto market that is extremely volatile and can see price swings the very next moment.

Unique Innovative Features

Traders are quick to take notice of any cryptocurrency that offers unique features or capabilities. For instance, coins such as Polygon offer technological advances like swift transaction speeds or greater scalability. Features like these can play well to the short-term investors who come and go with market conditions and tech trends.

Scalability

A short term investor wants Cryptocurrencies that can process more transactions without making the user wait or pay high fees. For those who needs to act fast for trading could use networks like Solana and TON since they are quick to process with almost no fee behind.

Yield Opportunities

Short-term staking rewards or yield farming on coins also allow for higher returns. This yield farming is what makes liquidity provision profitable for a trader, and platforms such as Uniswap and other DeFi applications get investors the returns expected. The Toncoin ecosystem includes decentralized finance (DeFi) applications and staking platforms like Tonstakers, where users can stake Toncoin to earn yield, further integrating its use in the broader crypto-financial systems​

Active Community and Developer

Any coin which is also backed by a strong community and development team may make the coin set for rapid adoption and price uptake. And in the short term, if communities keep themselves active and helping each other out, they helped to push the coin price up more and increase not only demand but transaction volume.

In the cryptocurrency market, a combination of these traits can help create a solid framework for secure short-term investment decisions. Think about how these factors may interact with your own financial goals and risk tolerance when considering prospects for investing in crypto.

Short Term Investment in Crypto with Risk Management

While investing in cryptocurrencies can be rewarding for the short term, you also expose yourself to a great deal of risk. Whether it be staking rewards from a specific coin, to taking on new tokens, risk management is key. Although it is impossible to avoid downtrends, there exist some ideas which can help you protect your investments while longing bigger gains. Here are some strategies we come up with at PlasBit that can effectively help you manage risks:

Diversify Your Portfolio

Risk can be decreased through diversification. Instead of investing all your money in just one coin, invest in a few cryptocurrencies. For instance, a portion of your portfolio should be in established coins: Bitcoin and Ethereum, other part in newer project like TON token. If one coin goes bad the others will make up for it. This strategy decreases the effects of the market swings on your overall investments value.

Set a Risk/Reward Ratio

One of the most important things before entering any trade is to define your risk/reward ratio. The most common is a 1:2 ratio, which means that the possible profit is twice as your risk. So if you risk $100, 200$ is what you expect back. This makes your profits outweigh losses. Setting clear expectations allows you to stick to your trading plan and remove emotional decisions from in live trading, which is essential for success in the short term.

Use Stop-Loss and Take-Profit Orders

Stop-Loss and Take-Profit orders are key tools for managing trades. Stop-loss orders can be useful, as they will automatically sell your cryptocurrency if the price reaches a certain level, thus, reducing your loss. On the other hand, take-profit orders sell your assets after they hit a predetermined profit level, making it sure that you never lose whatever you got. These tools will help you control the risk by automating a part of your strategy, so you won't lose more than intended or miss potential profits in case of volatile market movement.

Continuous Learning and Adaptation

The cryptocurrency market is extremely volatile, and in order to increase your chances of making profitable trades, you need to stay updated with recent market trends. Continuously learning new tactics and adjusting to the swings of the market is what can set you apart. Keep up with important news, stay in crypto communities, and analyze market data to revise your strategies. Whether you're into trading major cryptocurrencies or reviewing new tokens like TON, staying informed will help you make decisions and enhance risk management.

Short-term crypto investment can be risky, so investors should focus on risk management strategies. Some simple steps to help you make more informed decisions include diversifying, utilizing an explicit risk/reward ratio, using automated tools such as stop-loss and take-profit orders, and expanding your research. Keeping these strategies in mind could certainly help you avoid unexpected losses.

Final thoughts

In this PlasBit article we introduced best crypto for short-term profit and provided tips on how to manage associated risks. In the end, short-term crypto investments are full of big profit opportunities if you choose projects with real-world use cases like Toncoin (TON). Given its popularity within the Telegram ecosystem and Dev’s desire for rapid adoption, TON is a great choice for day trading due to high liquidity and rapid increase in usage. It is scalable and thrifty on transactions. As this it is a part of the Telegram platform that people are already using, it will offer good support throughout different market conditions.

The high profits may be appealing for day traders; however, short-term investors have to keep in mind that they are involved in a highly risky business. Prices can be incredibly volatile due to market uncertainty, regulatory challenges, and competition from other platforms. That is why it is important to have strategies in place, such as diversification of investments, clear risk-reward-ratio, and automation using tools such as stop-loss orders. Following these measures consistently will allow you to deal with the often unpredictable nature of the crypto market in a more skillful manner.

Ultimately, making sure you spend your money on projects that have solid fundamentals like technology and clear utility can seriously boost your chances of success when choosing the cryptocurrency to invest in. By combining these insights with a proper risk management strategy, you will be more equipped to adequately inform yourself and make profitable investments in the fast-moving world of cryptocurrency.