With an amazing 160% growth over the previous 12 months, the Toncoin price has seen a remarkable increase that has almost tripled the portfolio of patient holders. Rising by more than 300% between January and June, Toncoin’s (TON) amazing ascent earlier this year positioned it as a promising altcoin to watch in the cryptocurrency scene.
Although there has been some slowness recently, the Toncoin price has lately picked up speed and surged more than 15% over the past week alone. Furthermore, the Toncoin price chart shows that the altcoin has increased by over 25% in the past month, indicating that the recovery is well underway.
Though still more than 20% below its ATH attained in June, Toncoin (TON) is now trading above $6. Still, the altcoin’s future is bright because technical indicators like the MACD and Moving Averages indicate an ongoing positive trend as seen on the Toncoin price chart. Should this trend continue, Toncoin (TON) is positioned to surpass its past ATH in this quarter.
