Toncoin experienced significant volatility lately, with a 20% dip, but rebounded due to enhanced
whale activity, surging by over 257%. The announcement about
Telegram mini-app developers' ability to earn Toncoin through
Adsgram provided additional support, as did the
TON flipping Avalanche and Polygon regarding certain metrics. This was further bolstered by on-chain data favoring Toncoin over Cardano. Toncoin achieved a notable milestone by crossing the 32 million mark and gaining trading permission in
Kazakhstan. Predictions anticipate Toncoin might hit the $10 mark during Q2, 2024 - 2030, a stance supported by the coin's bullish strength amid market decline. Despite the recurring consolidation, the price managed to break the $8 resistance and is now targeting a new all-time high (ATH). Despite potential new competitors, like Minotaurus, the progress seems unaffected, thanks to the more than $342 million accumulated by whales over the past week. This development positioned Toncoin as the 8th largest cryptocurrency, surpassing Dogecoin, and analysts predict a new ATH of $9. The potential for the coin was exemplified by
BlockDAG's presale rally to $56.1M, and Toncoin's total-value-locked (TVL). Although Toncoin bears threaten the market dynamics, bullish predictions place its value at $10 by July 2024.
Toncoin News Analytics from Tue, 09 Apr 2024 07:00:00 GMT to Sat, 06 Jul 2024 12:10:38 GMT -
Rating 8
- Innovation 6
- Rumor 4
