Toncoin, also known as
TON, has recently exhibited considerable volatility due to diverse contributing factors such as predictions, partnerships, rejections, and growing demand. Predictions point towards TON reaching $100 by 2025-31, which fuels further speculation and whale accumulation.
TON Foundation's announcement regarding the
UAE Golden Visa program has sparked massive interest, including a $400 million investment from venture capitalists. This program allows TON stakers to qualify for a Golden Visa for a $100,000 stake. However, UAE authorities have rebuffed these claims, leading to a 6% dip in TON. Supporting structures like
Crypto.com Custody and a potential network with Ethereum's DeFi through a Tac mainnet were noted too. Also, successful partnerships have been hinted; for instance, founder Pavel Durov's return to Dubai saw a 24% surge in TON, showing strong correlation. Concerning exchanges, a robust correction has been forecasted due to Telegram's influence and bullish pattern, despite a 12% correction after reaching the optimistic target. TON's relationships continue to intrigue the market; a denied claim on a $300 million xAI partnership with Elon Musk led to a fall of 7%. The token seems set for a major breakout with upcoming updates and expanding user count. Finally, taxing Bitcoin doesn’t make sense to fund manager Bill Miller IV, a view which could indirectly affect the perception of TON.
TON Coin News Analytics from Thu, 29 Aug 2024 15:16:16 GMT to Tue, 15 Jul 2025 10:08:58 GMT -
Rating -2
- Innovation 6
- Information 8
- Rumor 4
