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What is Telcoin (TEL)?

Telcoin basic info

Name:Telcoin
Ticker:
Introduction:

What is Telcoin (TEL)?

Telcoin is a decentralized financial platform that allows users to access a global suite of user-owned financial products. It serves as a medium of exchange, reserve asset, and protocol token, incentivizing market participants such as telecoms and active users to provide value-added services to end-users.

The Telcoin ecosystem is aligned towards providing every mobile phone user in the world with access to fast and affordable financial products that are user-owned. Telcoin Remittances, the company's launch product, provides low-cost, high-speed digital money transfers to mobile money platforms and e-wallets. The recently launched Version 3 of the platform includes two user-owned financial products, The Send Money Smarter Network (SMS) and TELxchange, a decentralized digital asset exchange.

Who are the Founders of Telcoin (TEL)?

Paul Neuner, an experienced entrepreneur in the telecommunications and cybersecurity industry, founded Telcoin in 2017. He has lived and worked in various parts of the world, including the Middle East and Asia, and is a graduate of The University of Notre Dame. Prior to his involvement with Telcoin, Neuner co-founded Mobius, a startup that provides fraud management services for mobile network operators. He also founded Sedona, a next-generation telecom fraud management service that offers sovereign mobile financial services.

What makes Telcoin (TEL) Unique?

Telcoin's objective is to make decentralized finance into simple, automated, and user-owned applications, and distribute those products and services through telecoms to mobile phone users worldwide. Telecoms have more than 5 billion users, making them the largest existing base of known global retail users. DeFi has already transformed finance by allowing user-owned, automated, non-custodial applications that are accessible to anyone with an internet connection and that execute in code rather than through intermediary institutions. Telcoin is capitalizing on this opportunity by partnering with telecoms and allowing them to offer superior, decentralized, automated financial products to their subscribers while assuming only a fraction of traditional finance counterparty, execution, and custody risk.

How do Network Consensus and Validation Work on Telcoin (TEL)?

Telcoin operates on the Ethereum blockchain and employs a hybrid consensus mechanism comprising Proof-of-Stake (PoS) and Proof-of-Concept (PoC). In PoS, validators are motivated to participate in the network by submitting a stake of ETH, which they can use to earn rewards for helping to secure the network.

What is TEL Used For?

TEL is a cryptocurrency that is commonly used for quick and affordable international money transfers among Telcoin users. Additionally, TEL is utilized for staking and liquidity farming on Telcoin's TelX DeFi platform.

Conclusion

With its growing partnerships and innovative solutions, Telcoin has the power to transform the global financial industry. By offering accessible and efficient financial services, Telcoin can provide millions of individuals with the support they need.

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Current price:
All-time high:$0.06490
All-time low:$0.{4}6516

TEL supply and tokenomics

Circulating supply:91,860,080,000 TEL
Total supply:100,000,000,000 TEL
Max supply:100,000,000,000 TEL
Market cap:$492.56M
Fully diluted market cap:$536.21M
Tokenomics:

Uniqueness

Telcoin aims to productize decentralized finance into seamless, automated, user owned applications and distribute those products and services through telecoms to every mobile phone user in the world.

With over 5 billion users, Telecoms are positioned to provide the largest base of existing, known global retail users with access to financial products via mobile phones they use every day.

DeFi has revolutionized finance by enabling the creation of user owned, automated, non-custodial applications accessible to everyone with an internet connection that execute in code rather than through intermediary institutions.

Telcoin is capturing this market opportunity by aligning with telecoms and enabling them to distribute superior, decentralized, automated financial products to their subscribers, taking on a fraction of traditional finance counterparty, execution, and custody risk.

Token utility

Telcoin (TEL) is the native medium of exchange, reserve asset and protocol token of the Telcoin user-owned, decentralized financial platform. TEL enables end users to seamlessly access and power a global suite of user owned, decentralized financial products. TEL incentives coordinate market participants, such as telecoms and active users, to provide specific value added services to end users of the platform, aligning the incentives of the Telcoin ecosystem towards providing every mobile phone user in the world with access to fast and affordable, user-owned financial products.

Links

Buy Telcoin for $1Buy TEL now

What is the development prospect and future value of TEL?

The market value of TEL currently stands at $492.56M, and its market ranking is #211. The value of TEL is not widely recognized by the market. When the bull market comes, the market value of TEL may have great growth potential.

As a new type of currency with innovative technology and unique use cases, TEL has broad market potential and significant room for development. The distinctiveness and appeal of TEL may attract the interest of specific groups, thereby driving up its market value.

What will the price of TEL be in 2025?
Based on TEL's historical price performance prediction model, the price of TEL is projected to reach $0.008723 in 2025.
What will the price of TEL be in 2030?
In 2030, the TEL price is expected to change by -2.00%. By the end of 2030, the TEL price is projected to reach $0.01837, with a cumulative ROI of +227.74%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of TEL and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is TEL worth investing or holding? How to buy TEL from a crypto exchange?

If you want to buy TEL, the following information may be helpful for your investment decisions:
In the last 7 days, the price of TEL has fallen by -27.44%, leading to negative returns for most TEL investors. The market is currently pessimistic about the price trend of TEL.
It is important to note that the current price of TEL has retreated by -91.74% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether TEL is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in TEL or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of TEL, if you want to buy or sell TEL, you can consider Bitget for your trading needs. The best place to buy TEL is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Telcoin has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Telcoin. Here's a step-by-step guide on how to buy Telcoin on Bitget.

How to get Telcoin through other methods?

Using cash to buy Telcoin is not the only way to obtain Telcoin. If you have the time to spare, you can get Telcoin for free.
Learn how to earn Telcoin for free through the Learn2Earn promotion.
Earn free Telcoin by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Telcoin airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Telcoin through Bitget Convert, Bitget Swap, or spot trading.

What is Telcoin used for and how to use Telcoin?

The use case of Telcoin may expand as the crypto market and the project itself develop. Currently, you can use TEL to achieve the following goals:
Arbitrage by trading TEL: Since TEL is a frequently traded cryptocurrency, the price of TEL is always fluctuating. Earn more TEL by buying low and selling high on the exchange. Bitget spot market provides a variety of TEL trading pairs to fully meet your needs.
Earn by staking TEL: You can also generate income through financial management methods such as staking TEL or lending TEL. Bitget Earn offers a variety of financial products designed to help you earn more income from your TEL.
Send or pay TEL: If you want to give TEL to your friends, a charity, or a fundraiser, or you want to pay someone with TEL, you can quickly and easily send TEL to the recipient through their payment address.
You can also go to the official website of the Telcoin project to learn more about the use cases of TEL. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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TEL resources

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TEL price calculator

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TEL
USD
1 TEL = 0.005359 USD
Last updated (UTC-0)
Buy TEL now