Toncoin (TON) returns. Is it worth anything?

Interest in Toncoin (TON) or the Open Network (TON) is growing again. CoinMarketCap estimates TON was the ninth largest cryptocurrency by market capitalization on 5 May 2024.

CoinMarketCap gave TON a $20.427 billion Market Cap, and a Fully Diluted Market Cap of $30.039 billion on 5 May 2024. Plus, TON had a $158.153 million 24-Hour Market Volume on the same day. They base those numbers on a 3.473 billion TON Circulating Supply and a 5.106 billion TON Total Supply.