TON rises against the trend, may it challenge the historical high?
Although the entire cryptocurrency market has been shrouded in a haze recently, the price of Bitcoin BTC has slipped to below $57,000, a drop of 1.1% in 24 hours, and the global cryptocurrency market value has also shrunk by 1.6% to $2.08 trillion, but Toncoin (TON) has emerged in this recession, showing a strong upward momentum.
Looking back at history, Toncoin reached its peak in June this year due to its deep integration with the Telegram messaging application, and its price once climbed to a historical high of $8.25. Although it has subsequently pulled back, the current upward trend seems to indicate that TON is heading for new heights.
Analysts predict that TON is expected to break the historical record again on September 22, 2024, reaching a new high of $8.48. Even more exciting, the platform also predicts that TON will continue to climb in the next month, reaching a staggering high of $18.78 on October 8, 2024, which will achieve a substantial increase of about 254.34% from the current price.
It is worth noting that not all market observers are so optimistic about TON. The Changelly platform gave a more conservative forecast, believing that TON's highest trading price in September may be only $8.21, an increase of about 54.9% from the current level, and it is expected that this price level will be difficult to be surpassed in October, and its highest trading price may remain at around $8.10.
TON has shown unique resilience and rising potential during the downturn in the cryptocurrency market, but its specific future trend still needs further verification by the market. While paying attention to TON, investors should also remain rational and make investment decisions based on their own risk tolerance.
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