Telcoin
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Telcoin in numbers
Telcoin (TEL) ranks #144 by market capitalization, at $180.18M. It belongs to the DeFi sector (Decentralized Payments). It has traded since Jan 24, 2018, across 41 markets on 18 exchanges, with $2.06M of volume in the last 24 hours. Its all-time high of $0.0621392 was reached on May 11, 2021; the current price is 97.3% below that peak. Its cycle low of $0.000130844 came on Dec 25, 2023.
93.6% of the maximum supply of 100.00B TEL is in circulation. 2 investors are recorded as backers, including East Ventures, Batara Eto. On Ethereum, 57,888 addresses hold TEL. It is available on 5 networks.
About Telcoin
Telcoin utilizes blockchain technology to offer decentralized financial products for mobile phone users. The company collaborates with mobile network operators and mobile money platforms worldwide, delivering DeFi products to communities. Telcoin's services include facilitating digital money transfers to mobile money platforms and e-wallets.
Background
Telcoin is a mobile remittance network built on top of Ethereum. The project plans to compete with existing remittance providers by providing low-cost services directly through mobile carriers. Telcoin plans to work with wireless carries to issue TEL tokens that can be used in existing fee models for connecting to carrier billing and mobile money platforms.

