What is Telcoin?
Any user may send money swiftly and cheaply thanks to Telcoin‘s blockchain-based redesign of remittances for mobile devices. Telcom employs the Ethereum blockchain, which enables the national telecom provider to share data so that it is always accessible worldwide. Mobile network operation will be the focal point of Telcoin’s strategy and the project’s main focus.
Telcoin thinks that the higher speeds and open borders of blockchain technology are putting pressure on regulators. Since cryptocurrencies must be regulated as taxable assets like gold and other assets, several countries are already working to adopt blockchain technology and plan to start accepting them. Platform will build exchange capabilities with TEL soon telecom has regulatory clearance to offer mobile money following government acceptance.
The primary function of Telcoin is to offer instantaneous transfers and instantaneous approvals on a worldwide scale. By collaborating with mobile operators and e-wallets globally, mobile convenience is promoted, encouraging users to embrace contactless services. The average cost of remittance is is 7%, but TEL will be aiming for less than 2% average cost, making cross-border payments using the currency more reasonable. The combination of a decentralised network and multi-signature cryptographic security will create a strong and secure network.
Telcoin Price Prediction
|Month & Year||TEL Price Prediction|
|Based on||Mobile Operator|
|All-time high||$0.0069 USD|
|Exchange Platform||Kucoin, Uniswap, Balancer, HitBTC, Bitbns, 1inch Exchange|
Tel ICO Overview
|Platform used||Own Platform|
|Raised by||$25,000,000 USD|
|Date of ICO||30th December 2017|
|Partners||GSMA, Telin, GCash, Paga, unipagos, PLAID, Coingate, Jumia, TouchPay, Link Aja, Ecpay, Vimo.|
Tel Price Analysis
Tel is the ticker symbol for the Telcoin ecosystem, which has a total supply of 100 million, half of which will be reserved for telecom partners. Due to early investors’ 26% ROI over the previous three years, TEL was first distributed via an initial coin offering. In 2021, Telcoin’s market cap volume will continue to expand significantly, and prices will continue to soar as they have already surpassed both the all-time high and the $0.01 USD threshold. Telcoin became the top searched cryptocurrency on CMC and Coingecko in May 2021, recording the largest one-day increase. Practically, hitting 3 cent will be the next positive milestone, which is anticipated by the end of 2021.
Banks and governments are finally recognising the enormous potential of blockchain technology and cryptocurrencies since these technologies enable quicker, more affordable, and secure payment methods. In order to provide users an inexpensive remittance solution, Telcoin is aiming to interface with a mobile operator’s proven global network. As it has to be sophisticated and practical for every user, the majority of the country has already adopted the mobile money idea with centralised currency. Telcon is concentrating on trust, reach, and KYC compliance, which will address all of the primary issues with bitcoin adoption. Telcoin is getting a significant amount of consumers as the overall market exceeds $100 million and the project now ranks among the top 100 largest cryptocurrency projects by market cap volume.
Will Telcoin hit $1 USD?
before 2025 is predicted.
Is Telcoin a Good Investment?
Think about investing in Telcoin long-term because it combines cutting-edge technology with the expansion of the cryptocurrency industry.