TON Coin continues its ascent in the cryptocurrency market. The various articles allude to significant movements in its price with a consistent upward trajectory. Influenced by
Telegram Founder Pavel Durov's release, the crypto token has seen dramatic increases, including a 20% rally and a surge of 35% week-on-week. The token has gained
44% since its low in March and rapidly rose by 6% in one hour alone. There is a collective sense of optimism about the token's future as it recovers from its past legal troubles.
Bitunix's partnership with TON Network adds to the positive news, underpinning futures trading on its margin. However, skepticism is expressed about the sustainability of the surge amid the ongoing legal investigation involving Durov. Toncoin's performance subsequently inspired conversations about
entry zones and price predictions. The ascent has sparked discussion about whether the
bullish trend will lead to a major rally. However, contrasting views suggest a potential 22% price decline owing to economic factors. Despite the legal troubles, TON has been accepted as the only crypto for Telegram’s app services and
Standard Chartered's Zodia now provides
institutional TON support. Amidst these developments,
Tether plans to launch a dirham-pegged
stablecoin on TON, and the announcement of a significant coin unlocking further fuels the news surrounding TON. Despite the optimism, the token suffered a sudden price crash following Durov's recent arrest. Despite the downturn, discussions about the potential resurgence of TON continue, with some viewing the dip as a buying opportunity.
TON Coin News Analytics from Sat, 22 Jun 2024 07:00:00 GMT to Wed, 19 Mar 2025 19:49:00 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor 2
