Ton coin records positive performance in a month. Ton has appreciated by 18.4% against USD in the last month, and reaching new ATH of 8.25 USD several days ago.
Current data shows that the top ten TON chain coins, including TON, have a combined value of more than 20 billion USD. Toncoin itself has a market valuation of around 18 billion USD.
Notcoin ( $NOT ), for example, has market cap of around 1.4 billion USD. While the Resistance Dog (REDO) has market cap of around 90 million USD.
Jetton Games (JETTON) now has market capitalization of around USD 3.9 M USD. Meanwhile, the SHRAP token, which is related to the blockchain-powered first-person shooter game, has market capitalization of USD 16 M USD.
The recent developments in the TON ecosystem, including the completion of Crydit's deployments, forecasted price range for Toncoin, increased daily transaction volume. Also the integration of USDT on the Toncoin network, likely influenced the price change of $TON token in June 2024. These advancements may have enhanced the utility and adoption of $TON token, leading to increased demand and potentially impacting its price in the market.