
In recent news, the TON Foundation has appointed former executives from Nike and Apple as its new marketing chief. In an interesting twist, TON has partnered with SERA to 'democratize' space travel by utilizing onchain astronaut voting. With a promising technical analysis, the price of Toncoin (TON) is set to move from a support zone of $2.30–$2.90 to a target of $9.
Nasdaq-listed companies are showing interest in TON coin, with a former biotech firm acquiring $30 million in Toncoin. Such investments are positively impacting price predictions for Toncoin, with experts predicting a potential reach of $100 per coin. Consequently, TON Strategy Company is staking Toncoin reserves for yield.
In other news, AlphaTON Capital’s bold move of investing $30 million in Toncoin further establishes it as a solid investment. Toncoin's price fell under $3, although many investors saw this as an opportunity. TON Strategy Company plans to raise $558 million for its treasury, adding to the bullish momentum.
Meanwhile, NFT's are growing in popularity, given its treasury initiative of acquiring $100 million worth of TON coins. TON Strategy has launched a $250 million buyback program sailing against the current as shares dropped 7.5%.
Notably, Telegram’s high-speed layer-1 blockchain, TON, saw a 13% surge after introducing a UAE Golden Visa program through crypto staking. However, TON price dropped 6% following the UAE authorities' denial of this claim.
TON Coin News Analytics from Tue, 21 Jan 2025 08:00:00 GMT to Wed, 01 Oct 2025 15:55:25 GMT - Rating 8 - Innovation -2 - Information 9 - Rumor -6