Pavel Durov's cryptocurrency TON entered the TOP9 cryptocurrencies by capitalization.
All thanks to the next post posted by Durov on his official page.
In this post, Durov announced the full integration of the TON wallet into the Telegram messenger in November. And the main goal is to create WEB3.0 space right inside Telegram.
✏️ We wrote about the TON coin many times and each time we said that we personally would actively accumulate this coin. We described the reasons for purchasing this coin in one of our posts.
Also, in this post we assumed that the price would start to fall and recommended that you make purchases near the support levels of $1.43 and $1.2.
As a result, the price dropped to the level of $1.2 and then took flight. 🚀
Congratulations to everyone who listened and made purchases. Now you have just under +100% profit. 🎉
🧠 What to do with the coin?
Personally, we will not sell this coin at current marks. We will start selling only when there is an active full-fledged bull market.
If the project was actively developing during the strongest bear market in history and showed positive profitability, then imagine what will happen in a full-fledged bull market when the marketing machine starts up, and all created projects within the TON ecosystem begin to acquire a user base.
Don't forget that Telegram has more than 800 million users who are already potential buyers of this coin.
Therefore, we will continue to buy this coin on any significant pullback.
💰 What to do if you haven’t bought TON?
On the one hand, the coin has reached a historical resistance level and the project itself is already in 9th place in terms of capitalization. On the other hand, at current levels, everyone who wanted to has already sold at the end of 2022. And the capitalization of the project still remains low and amounts to only $8 billion.
For example, the capitalization of the DOGE candy wrapper is the same $8 billion. Only DOGE has nothing in terms of technology except the blind faith of people. And TON already has a huge ecosystem.
In any case, buying on the highs is a questionable matter, and if you want to enter at the current level, then it is better to wait until the resistance of $2.59 is broken and then enter into purchases at a retest of this level.
And so the plan remains the same, buy additional coins at key support levels, which you can see on the chart.
We have already made a big bet on this project and plan to increase it. And who hasn’t done this yet, there are still such opportunities. Objectively, in a year or two the project will cost at least 10 times more than current levels, and the coin itself will be in the TOP 3 in terms of capitalization on the crypto market.
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