Toncoin (TON), the native cryptocurrency of The Open Network, has hit a new all-time high of $7.64, an increase of 8.28%. Its market capitalization now stands at $18.5 billion, with a circulating supply of 5 billion TON, making it the ninth-largest cryptocurrency.

Meanwhile, renowned chart analyst Ali Martinez highlighted that Toncoin is poised for a significant breakout. With expectations of a potential 40% surge, Toncoin enthusiasts are eagerly awaiting its movement toward the $11 mark. 

Toncoin To Break Out 40%

In a recent tweet post, Ali Martinez recently took to social media to share his insights on Toncoin’s market trajectory. According to Martinez, Toncoin is gearing up for a robust breakout that could propel its value to $11. 

$usdt