Will Toncoin Reach $50 By the End of 2024?
The TON blockchain is rapidly gaining popularity, driven by tap-to-earn games like Notcoin and Hamster Kombat, boosting its token price. This trend is largely due to the Telegram Open Network (TON) integration, which has significantly increased blockchain usage. As of July 17, TON's daily transactions reached 4.9 million, far surpassing Ethereum's 1.2 million.
Price Surge
The popularity of TON-based games has justified the token's price rise. While Bitcoin fell by 27% after reaching a new ATH on March 14, TON surged by 102% from March 14 to April 11, currently trading near its ATH at $7.28. Since February 24, TON has risen 310%, compared to Bitcoin's 22%.
Future Prospects
If TON maintains its current growth, it could reach $35-$40 by year-end and potentially hit $50 with the introduction of more popular apps. Telegram’s evolution into an "everything app," with nearly 1 billion users and new crypto-based games, is expected to further enhance blockchain engagement and drive the token’s price higher.
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
