Toncoin (TON) has seen significant market fluctuations, causing 96% of its addresses to experience loss. Despite this, there's a trend of whales accumulating more TON, showing continued confidence in its potential. The price of TON has dipped below its support of $2.90, but maintains crucial support despite a 7% recovery. There is anticipation for short-term correction due to robust fundamentals via Telegram's support.
Predictions for TON's price in the future are mixed. A forecast for 2025 estimates TON could reach $10, sparking interest among potential investors seeking long-term gains. However, other experts caution against risks, citing inflation and declining burn rate. Upcoming integration with LayerZero could elevate TON's functionality and liquidity across chains.
Comparisons between TON and BinoFi (BINO) have started, with the focus on potential earnings in 2025 indicating a rebound or decline. TON remains volatile, with its price bouncing back after a sharp decline. TON's exclusivity with Telegram has been defended by industry leaders as a 'necessity' rather than a 'limitation.' TON's growth prospects and strong resistance have experts speculating on a bullish breakout.
Despite market downturns, TON signals a potential rebound. Recent controversy surrounding Telegram CEO Pavel Durov's arrest has negatively affected TON's price, but experts believe this can perhaps create a buying opportunity. The arrest has sparked backlash within the crypto community as TON is the only accepted crypto for app services on Telegram. There's a prediction of TON rebounding to $7 and beyond with Ross Ulbricht's potential pardon by Trump.
The TON network's daily users have dropped from 5 million to 1.58 million. However, a report suggests TON could be instrumental in bringing DeFi to mainstream. In the long term, TON investors could potentially see a 69% profit amid a steady $300M Total Value Locked (TVL). There's significant bullish speculation with a $10 TON expectation for 2025. Looming bullish breakout for TON and Notcoin (NOT) suggest major gains.
TON Coin News Analytics from Fri, 21 Jun 2024 07:00:00 GMT to Wed, 12 Mar 2025 16:05:00 GMT -
Rating 3
- Innovation 4
- Information 8
- Rumor 6
