TomoChain (TOMO)

Market Cap

$39,684,596 USD

Volume (24h)

$67,076,756 USD

3.9
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    TomoChain Markets Rank: 3/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    TomoChain Volume Ratio Rank: 100/100

  • Market Cap

    The total cost of all coins available.

    TomoChain Market Cap Rank: 97/100

  • 24h Change

    Is the price moving up or down?

    TomoChain 24h Change Rank: 50/100

  • Social Following

    How many users are following this coin?

    TomoChain Social Following Rank: 76/100

  • Google Trends

    How many users are searching for the coin?

    TomoChain Google Trends Rank: 17/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    TomoChain Twitter Citation Rank: 29/100

  • User Voting

    How popular is this coin among Cointobuy community?

    TomoChain User Voting Rank: 1/100

TomoChain investment analysis

The TOMO blockchain is meant to be a highly efficient and scalable solution for Dapps. Their solution utilizes second layer blockchains as a means for applications to grow unhindered by the rest of the network. In contrast, the Ethereum network is currently processed on one chain, which can lead to network clogging if one application is eating up too much space. This method has an added benefit in that transactions process nearly instantaneously and that there are no fees when doing so.

While this is a great solution, there is one important thing to realize here. This scaling platform is a solution to Ethereum's problem, but what happens when it is no longer a problem? If ETH enacts their own scaling solution it could leave platforms like this one with no user base.

When that happens things might not look so great for a TomoChain investment. They do however have some excellent partnerships with NEO and several venture capital firms in Singapore which could prove beneficial.

How to buy?
current price
$0.568613
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+23.9%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.704344
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

203/2298
by Safety
1925/2298
by Profit
historical data

How to buy TomoChain?

Unfortunately, there's not very many exchanges on which you can buy TomoChain. In fact, there's really only two options at present, and they are not very high volume, which could be a problem for this token. ETH is the only available trading pair, so you'll need to acquire some before making the swap.

This token is based on the ETH chain, and you'll need a compatible ETH wallet to store your tokens. Any ERC20 compatible wallet should do the job, but if you need a suggestion then you could consider using Coinomi's mobile wallet, a Ledger hardware wallet or My Ether Wallet if you would prefer a web version.