NOIDA (CoinChapter.com) — Tomarket, a Telegram-based mini-app within The Open Network (TON) ecosystem, recently launched its native cryptocurrency token, TOMA. The Token Generation Event (TGE) occurred on Oct. 31, 2024, marking a significant milestone for the platform.
Before the TGE, discussions among market participants hinted at TOMA pre market price of around $0.001, with potential fluctuations influenced by user adoption and market sentiment.
Investors should monitor official channels and reputable financial news platforms for real-time updates.
Token Generation Event and Potential Price Action
The Token Generation Event (TGE) for Tomarket’s $TOMA token occurred on Oct. 31, 2024. The event marked the official introduction of $TOMA into the cryptocurrency market. Leading up to the TGE, the Tomarket team implemented various initiatives to engage its user base and incentivize participation.
One such initiative was the introduction of daily combo quizzes designed to reward users and enhance engagement within the platform. These quizzes allowed users to earn additional rewards, fostering a more interactive community experience.
Tomarket announced the launch of its token.
In anticipation of the TGE, there was considerable speculation regarding the TOMA Pre Market Price. Whatever the projects, expectations of volatility, likely influenced by factors such as user adoption rates and overall market sentiment, might see traders remain cautious.
The Tomarket team also introduced a Premium Medal, available at 1 TON or 250 Telegram stars (approximately $5). The medal provided benefits such as a bonus multiplier on TOMA allocation and immediate access to 100% of tokens upon listing. The supply was limited to 200,000 units.
TOMA Price Action
As of Nov. 1, 2024, specific data on $TOMA’s market performance remains limited. The Tomarket team’s proactive approach, including implementing daily combo quizzes and introducing the Premium Medal, suggests the team is looking to build a robust and engaged community, which could positively influence the token’s market performance in the long term.
TOMA USD 15-min price chart. Source: GeckoTerminal
However, according to data from Gecko Terminal, the TOMA price reached a high near $0.000019 before the hype fizzled out. To its credit, though, the TOMA pre market price stabilized near $0.000016. However, the pre-market price remains a far cry from the projected TOMA price of $0.001, hinting at strong selling pressure against the token.
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