The Pantera Capital fund made “the largest investment in its history” in TON. This was stated by the company's CEO Dan Morehead in a blog on its website.

The specific amount is not named, but it is known that they previously collected $250 million to purchase#SOLfrom the FTX crypto exchange. And there is an understanding that the amount of investment in#TONshould then be at least no less. Previously, the fund raised $1 billion for investment in crypto projects.

Let us recall that Pantera Capital’s investment in TON became known on May 2. Then the fund stated that it was TON, given the huge reach of Telegram, that could potentially lead to the mass adoption of the cryptocurrency. Morehead reiterated that point in his "biggest investment" announcement today.

The asset has been flooded with positivity since May, the news worked as a factor in the continued growth of the#TONCOINprice. The price has already reached $6,930 and only about 12% growth remains until our scenario with a “Double Top” in the TWT style is worked out in November-December 2022. Our current “paper profit” on the speculative spot deal dated April 30 is already +32.84%. We have almost caught the April correction.

What’s interesting is that if you count candles using Thomas DeMark’s method, if the trend continues, the peak of this growth will occur exactly on May 16th. And this is the day of NOTCOIN listing on the Binance, OKX, Bybit exchanges. There is a high probability that we will sell our speculative position on this very day. The key question is how much more will the price of#TONCOINrise by this date? Will the Double Top scenario go overboard?

TONCOIN now has two factors for a possible pump growth to the area above $7.7, say, to the psychological $10. But both factors are probable, not a guarantee:

1. If TONCOIN is needed to receive a NOTCOIN drop (not announced, but it would be logical).

2. If TONCOIN finally gets a listing on the Binance spot (it’s already on futures, it’s time, but again there were no announcements).

In the meantime, TONCOIN is needed only for shares on one of the named exchanges with staking on May 13-16 and receiving NOTCOIN for this. As a reason for such growth, this is still weak.