Toncoin
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#Toncoin Up 7.87% In A Week: Can It Break Resistance And Hit $8? Here’s What The Charts Say
https://altcoinsanalysis.com/toncoin-up-7-87-in-a-week-can-it-break-resistance-and-hit-8-heres-what-the-charts-say/
https://altcoinsanalysis.com/toncoin-up-7-87-in-a-week-can-it-break-resistance-and-hit-8-heres-what-the-charts-say/
With the fast pace at which the $TON network has grown recently could it be possible that the development of the #TON ecosystem has left little need to hold any actual #Toncoin in your spot wallet, other than maybe saving some cents?
The PR team has done a wonderful job keeping sentiments ups as much as possible, but the actual relevance of the coin should not become undermined... I've been shorting this since yesterday and will be looking for $6.75 before I reconsider
The PR team has done a wonderful job keeping sentiments ups as much as possible, but the actual relevance of the coin should not become undermined... I've been shorting this since yesterday and will be looking for $6.75 before I reconsider
Here's a list of crypto news for today, June 26, 2024:
#Bitcoin price flat around $61,000 amid concerns about regulations and inflation.
#Ethereum Foundation confirms a hack, details emerging.
#Solana , Cardano, and #Toncoin see gains up to 9% while Bitcoin dips slightly.
US tightens grip on crypto with lawsuits against Coinbase and Binance.
Italy strengthens oversight and sanctions on the crypto industry.
#Bitcoin price flat around $61,000 amid concerns about regulations and inflation.
#Ethereum Foundation confirms a hack, details emerging.
#Solana , Cardano, and #Toncoin see gains up to 9% while Bitcoin dips slightly.
US tightens grip on crypto with lawsuits against Coinbase and Binance.
Italy strengthens oversight and sanctions on the crypto industry.
Can #Toncoin Hit $10? Top Analyst Reveals Why This Crypto Might Be A Steal
https://altcoinsanalysis.com/can-toncoin-hit-10-top-analyst-reveals-why-this-crypto-might-be-a-steal/
https://altcoinsanalysis.com/can-toncoin-hit-10-top-analyst-reveals-why-this-crypto-might-be-a-steal/
Toncoin's trading volume skyrocketed to $398 million in 24 hours, sparking debate. This surge could signal growing investor interest in Ton's potential, or short-term traders capitalizing on price swings. With Toncoin's future uncertain, following news and price movements is key for investors to navigate this trend.
#CryptoTradingGuide #CryptoPCEWatch #Toncoin #TON
#CryptoTradingGuide #CryptoPCEWatch #Toncoin #TON
Cryptocurrency Toncoin Soars to Record High; Will It Climb to $10?
The price of Telegram-backed Toncoin (TON), which recently peaked at $8.15 before settling at $7.60, has been making waves in the cryptocurrency market. With technical indicators showing both bearish and bullish indications, investors are on the edge of their seats, trying to figure out whether this is just a temporary fad or the start of a big surge.
Cup and Handle Indicators At Takeoff, However, TDS Cautions About Bouncy Riding
In terms of TON's short-term prospects, analysts can't agree. In a "sell signal" on the TD Sequential indicator, a crypto specialist pours cold water on the current excitement. There may be a price correction of one to four trading sessions as a result of this.
The Fibonacci retracement levels may serve as safety nets for those who are hoping for a decline. These levels provide TON with a cushion for the fall, and they are located at $7.44, $7.29, and maybe even $7.18.
Another crypto expert, Clay, has seen a bullish "Cup and Handle" pattern developing in the market. Following a consolidation period, this pattern—which has traditionally been supportive to bulls—suggests that the upswing will continue.
The analyst adds weight to his optimistic argument by mentioning that TON has just broken over a significant resistance zone, which is thought to serve as a platform for more advances.
In addition to seeing patterns, Clay sets some lofty pricing goals. Clay forecasts that TON will reach a chilly $10.50, with an even loftier goal of $11.60, based on the measured move of the Cup and Handle pattern.
When looking at the one-day chart, technical indicators show the same thing. The price has tested the $7.65 level many times and is now encountering resistance there. The magnificent $8.28 could be waiting for TON when it overcomes this obstacle. With the 100-day exponential moving average (EMA) at a supportive $6.01, the bullish argument is further reinforced, providing a safety net in the event of a drop.
#Ton #Toncoin #BinanceTournament #TonNetwork
The price of Telegram-backed Toncoin (TON), which recently peaked at $8.15 before settling at $7.60, has been making waves in the cryptocurrency market. With technical indicators showing both bearish and bullish indications, investors are on the edge of their seats, trying to figure out whether this is just a temporary fad or the start of a big surge.
Cup and Handle Indicators At Takeoff, However, TDS Cautions About Bouncy Riding
In terms of TON's short-term prospects, analysts can't agree. In a "sell signal" on the TD Sequential indicator, a crypto specialist pours cold water on the current excitement. There may be a price correction of one to four trading sessions as a result of this.
The Fibonacci retracement levels may serve as safety nets for those who are hoping for a decline. These levels provide TON with a cushion for the fall, and they are located at $7.44, $7.29, and maybe even $7.18.
Another crypto expert, Clay, has seen a bullish "Cup and Handle" pattern developing in the market. Following a consolidation period, this pattern—which has traditionally been supportive to bulls—suggests that the upswing will continue.
The analyst adds weight to his optimistic argument by mentioning that TON has just broken over a significant resistance zone, which is thought to serve as a platform for more advances.
In addition to seeing patterns, Clay sets some lofty pricing goals. Clay forecasts that TON will reach a chilly $10.50, with an even loftier goal of $11.60, based on the measured move of the Cup and Handle pattern.
When looking at the one-day chart, technical indicators show the same thing. The price has tested the $7.65 level many times and is now encountering resistance there. The magnificent $8.28 could be waiting for TON when it overcomes this obstacle. With the 100-day exponential moving average (EMA) at a supportive $6.01, the bullish argument is further reinforced, providing a safety net in the event of a drop.
#Ton #Toncoin #BinanceTournament #TonNetwork
$NOT Outlook🚨
if you’re bearish on #not it’s crucial to consider the indirect link between TON and NOT in value assessment. TON is predicted to break the $10 mark soon, potentially entering the top 5 coins. However, for long-term investments, relying solely on TON might not be advisable despite its promising outlook. Diversification is key.
Any bearish analysis on #NOT should consider the progress of #Toncoin . If it doesn’t, it might not provide a complete picture of the market dynamics.
Remember, technical analysis provides insights, but it’s not infallible. Always do your own research
$NOT
#NOTCOIN #BinanceTournament #Megadrop
if you’re bearish on #not it’s crucial to consider the indirect link between TON and NOT in value assessment. TON is predicted to break the $10 mark soon, potentially entering the top 5 coins. However, for long-term investments, relying solely on TON might not be advisable despite its promising outlook. Diversification is key.
Any bearish analysis on #NOT should consider the progress of #Toncoin . If it doesn’t, it might not provide a complete picture of the market dynamics.
Remember, technical analysis provides insights, but it’s not infallible. Always do your own research
$NOT
#NOTCOIN #BinanceTournament #Megadrop
SHIB Rivals WIF, FLOKI, BONK Among Worst Performing Cryptos in Top 100
Major meme cryptocurrencies had terrible week, while some celebrity coins are still rocketin
Dogwifhat (WIF) loses 25% of its value in just one week
DADDY vs. MOTHER rivalry enters new phase as Tate-associated coin jumps by 40%
Out of the 10 worst performing cryptocurrencies in the last week, three are meme coin majors. Dogwifhat (WIF), Floki (FLOKI) and Bonk (BONK) registered double-digit losses, while Shiba Inu (SHIB) and Dogecoin (DOGE) are also in the red.
Dogwifhat (WIF) loses 25% of its value in just one week
Solana's (SOL) dominant meme coin, Dogwifhat (WIF), lost almost 25% of its price in the past seven days. After such a dropdown, WIF capitalization dropped below $1.8 billion, and the coin lost its place in the top 50 altcoins.
Image by CoinGecko
Floki (FLOKI) and Bonk (BONK), two other major #Memecoins🤑🤑 with large communities, also found themselves on the list of the worst sufferers of the ongoing crypto dropdown.
Is XRP Finally in Uptrend? Shiba Inu (SHIB) May Still Hit $0.00002: Here's How, Ethereum (ETH) to Start Gaining Some Strength
FLOKI's price dipped by 16.8%, while coin capitalization lost support at $1.65 billion. Bonk's (BONK) market cap is extremely close to dipping below $1.4 billion.
The two largest meme cryptocurrencies, Dogecoin (DOGE) and Shiba Inu ($SHIB ), lost 8.7% and 12.8%, respectively. Dogecoin (DOGE) is one step from being replaced by #Toncoin (TON) as the ninth largest crypto.
During the same period, Bitcoin (BTC) and Ethereum (ETH) only lost 3% and 1.6%, respectively, while $XRP price managed to add 0.8%.
DADDY vs. MOTHER rivalry enters new phase as Tate-associated coin jumps by 40%
However, some segments of meme coins are still rocketing. Star-themed meme cryptos associated with internet celebrities have recorded new gains.
Daddy Tate (DADDY), a small-cap meme coin on Solana ($SOL ) that is supported by infamous social media influencer Andrew Tate, the "King of Toxic Masculinity," jumped by 40% today in no time after a prolonged price dip.
Major trackers recall that Daddy Tate (DADDY) has no formal links to Tate or his official representatives. However, the former kickboxer used to promote it on X (formerly #Twitter ) as an alternative to Iggy Azalea's coin MOTHER.
Meanwhile, the "celeb coin" of the major #VitalikButerin critic is down by 42% today.
#CryptoTradingGuide
Dogwifhat (WIF) loses 25% of its value in just one week
DADDY vs. MOTHER rivalry enters new phase as Tate-associated coin jumps by 40%
Out of the 10 worst performing cryptocurrencies in the last week, three are meme coin majors. Dogwifhat (WIF), Floki (FLOKI) and Bonk (BONK) registered double-digit losses, while Shiba Inu (SHIB) and Dogecoin (DOGE) are also in the red.
Dogwifhat (WIF) loses 25% of its value in just one week
Solana's (SOL) dominant meme coin, Dogwifhat (WIF), lost almost 25% of its price in the past seven days. After such a dropdown, WIF capitalization dropped below $1.8 billion, and the coin lost its place in the top 50 altcoins.
Image by CoinGecko
Floki (FLOKI) and Bonk (BONK), two other major #Memecoins🤑🤑 with large communities, also found themselves on the list of the worst sufferers of the ongoing crypto dropdown.
Is XRP Finally in Uptrend? Shiba Inu (SHIB) May Still Hit $0.00002: Here's How, Ethereum (ETH) to Start Gaining Some Strength
FLOKI's price dipped by 16.8%, while coin capitalization lost support at $1.65 billion. Bonk's (BONK) market cap is extremely close to dipping below $1.4 billion.
The two largest meme cryptocurrencies, Dogecoin (DOGE) and Shiba Inu ($SHIB ), lost 8.7% and 12.8%, respectively. Dogecoin (DOGE) is one step from being replaced by #Toncoin (TON) as the ninth largest crypto.
During the same period, Bitcoin (BTC) and Ethereum (ETH) only lost 3% and 1.6%, respectively, while $XRP price managed to add 0.8%.
DADDY vs. MOTHER rivalry enters new phase as Tate-associated coin jumps by 40%
However, some segments of meme coins are still rocketing. Star-themed meme cryptos associated with internet celebrities have recorded new gains.
Daddy Tate (DADDY), a small-cap meme coin on Solana ($SOL ) that is supported by infamous social media influencer Andrew Tate, the "King of Toxic Masculinity," jumped by 40% today in no time after a prolonged price dip.
Major trackers recall that Daddy Tate (DADDY) has no formal links to Tate or his official representatives. However, the former kickboxer used to promote it on X (formerly #Twitter ) as an alternative to Iggy Azalea's coin MOTHER.
Meanwhile, the "celeb coin" of the major #VitalikButerin critic is down by 42% today.
#CryptoTradingGuide
Achieves $10 Billion in Toncoin Transfers, Social Appeal Skyrockets
The cryptocurrency industry is abuzz with the creation of Telegram's Toncoin. Toncoin is one of the blockchain networks with the greatest growth rate, according to a new research by crypto analysis platform CryptoQuant. The daily transaction volume is dominated by established giants like Bitcoin, but TON's growth indicators show that the network is ready to break out.
The daily volume of TON is $5–$10 billion, in contrast to Bitcoin's mind-boggling $50 billion. It may seem like a David-and-Goliath story at first look. On the other hand, you can't ignore the fact that Bitcoin has been around for a lot longer than TON, which is only four years old. This impressive increase in transaction volume for a very new network indicates a rising demand for TON's services, especially for enabling large-scale transfers of digital assets.
From 2.9 million to more than 30 million, the number of TON token holders has increased tenfold in the last year, according to crypto study. An more confident user base may be the driving force behind the recent uptick in TON adoption, which may lead to an even stronger ecosystem overall. Increased potential for innovation, a greater pool of talented developers, and a stronger network effect that draws in even more people are all results of a larger user base.
Could the Integration of Messaging Apps Spark the Adoption of Cryptocurrency?
With its integration with Telegram—a chat service with approximately 900 million users—TON has a distinct edge over its competitors. If this connection works as planned, it may significantly increase the use of cryptocurrencies.
Nevertheless, challenges must still be surmounted. Achieving widespread usage will need TON to successfully traverse the complicated regulatory framework that surrounds cryptocurrency. Furthermore, the TON network's scalability remains an open subject. Is it ready for the potential flood of users that might result from Telegram's integration?
#Toncoin #TonNetwork #TON #Skyrocket
The cryptocurrency industry is abuzz with the creation of Telegram's Toncoin. Toncoin is one of the blockchain networks with the greatest growth rate, according to a new research by crypto analysis platform CryptoQuant. The daily transaction volume is dominated by established giants like Bitcoin, but TON's growth indicators show that the network is ready to break out.
The daily volume of TON is $5–$10 billion, in contrast to Bitcoin's mind-boggling $50 billion. It may seem like a David-and-Goliath story at first look. On the other hand, you can't ignore the fact that Bitcoin has been around for a lot longer than TON, which is only four years old. This impressive increase in transaction volume for a very new network indicates a rising demand for TON's services, especially for enabling large-scale transfers of digital assets.
From 2.9 million to more than 30 million, the number of TON token holders has increased tenfold in the last year, according to crypto study. An more confident user base may be the driving force behind the recent uptick in TON adoption, which may lead to an even stronger ecosystem overall. Increased potential for innovation, a greater pool of talented developers, and a stronger network effect that draws in even more people are all results of a larger user base.
Could the Integration of Messaging Apps Spark the Adoption of Cryptocurrency?
With its integration with Telegram—a chat service with approximately 900 million users—TON has a distinct edge over its competitors. If this connection works as planned, it may significantly increase the use of cryptocurrencies.
Nevertheless, challenges must still be surmounted. Achieving widespread usage will need TON to successfully traverse the complicated regulatory framework that surrounds cryptocurrency. Furthermore, the TON network's scalability remains an open subject. Is it ready for the potential flood of users that might result from Telegram's integration?
#Toncoin #TonNetwork #TON #Skyrocket
Binance Completes Tether (USDT) Integration on Toncoin (TON) Network
The leading exchange has integrated USDT on the TON network, allowing Toncoin users to conduct transactions using Tether. Stablecoins play a crucial role in maintaining stability within the volatile cryptocurrency market.
Binance exchange made a crucial announcement regarding Tether and the Telegram-based crypto project Toncoin (TON).
Binance Integrates USDT on Toncoin Network: Enhancing Crypto Accessibility
Binance exchange achieved a significant milestone by integrating USDT into the Toncoin platform on Friday, June 21. This integration marks a crucial development, enhancing the functionality and value proposition of both the stablecoin USDT and the Telegram-based crypto project TON.
The announcement, confirmed by Binance on Friday, includes the opening of deposits and withdrawals, allowing Toncoin users to seamlessly transact using USDT.
Earlier announcements by Tether executive Paolo Ardoino, made during the TOKEN2049 event on April 19, highlighted the strategic move to issue USDT on the Toncoin network. This partnership aims to leverage Toncoin’s platform to enhance Tether’s utility and expand its adoption across the digital finance ecosystem.
Recent statistics underscore the significance of USDT’s integration, with daily trading volumes exceeding $53.03 billion, surpassing even traditional financial giants like Visa. Tether boasts over 45 million holders who have completed millions of transfers, underscoring its pivotal role in global digital transactions.
The integration is expected to amplify USDT’s transaction volume and user base, offering benefits such as enhanced flexibility, robust security features inherent in Toncoin, reduced transaction fees, and accelerated transaction speeds on the Toncoin blockchain. These advancements are pivotal for decentralized finance (DeFi), fostering increased accessibility and functionality for cryptocurrency users.
This development positions Toncoin and USDT to thrive amidst evolving market dynamics, reinforcing their relevance and resilience in the digital finance landscape.
Rising Adoption of Stablecoins in the Crypto Market
Stablecoins have experienced significant adoption recently, with their transfer volume surging by 1,600% over the past four years. According to Token Terminal, the 30-day transaction volume for stablecoins increased from $100 billion in October 2020 to $1.68 trillion in April 2024.
Global Acceptance Forecasted by 2025: Jeremy Allaire, CEO of Circle, predicts that stablecoins will achieve global acceptance by 2025 and become recognized as “legal electronic money.”
Ensuring Stability in a Volatile Market: Stablecoins play a critical role in stabilizing the cryptocurrency market, especially amidst the high volatility of digital assets like Bitcoin and others.
PayPal’s Contribution to Stablecoin Adoption: For example, PayPal launched its own stablecoin, emphasizing the importance of stable instruments in the ongoing shift towards digital currencies.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TON #Toncoin
Binance exchange made a crucial announcement regarding Tether and the Telegram-based crypto project Toncoin (TON).
Binance Integrates USDT on Toncoin Network: Enhancing Crypto Accessibility
Binance exchange achieved a significant milestone by integrating USDT into the Toncoin platform on Friday, June 21. This integration marks a crucial development, enhancing the functionality and value proposition of both the stablecoin USDT and the Telegram-based crypto project TON.
The announcement, confirmed by Binance on Friday, includes the opening of deposits and withdrawals, allowing Toncoin users to seamlessly transact using USDT.
Earlier announcements by Tether executive Paolo Ardoino, made during the TOKEN2049 event on April 19, highlighted the strategic move to issue USDT on the Toncoin network. This partnership aims to leverage Toncoin’s platform to enhance Tether’s utility and expand its adoption across the digital finance ecosystem.
Recent statistics underscore the significance of USDT’s integration, with daily trading volumes exceeding $53.03 billion, surpassing even traditional financial giants like Visa. Tether boasts over 45 million holders who have completed millions of transfers, underscoring its pivotal role in global digital transactions.
The integration is expected to amplify USDT’s transaction volume and user base, offering benefits such as enhanced flexibility, robust security features inherent in Toncoin, reduced transaction fees, and accelerated transaction speeds on the Toncoin blockchain. These advancements are pivotal for decentralized finance (DeFi), fostering increased accessibility and functionality for cryptocurrency users.
This development positions Toncoin and USDT to thrive amidst evolving market dynamics, reinforcing their relevance and resilience in the digital finance landscape.
Rising Adoption of Stablecoins in the Crypto Market
Stablecoins have experienced significant adoption recently, with their transfer volume surging by 1,600% over the past four years. According to Token Terminal, the 30-day transaction volume for stablecoins increased from $100 billion in October 2020 to $1.68 trillion in April 2024.
Global Acceptance Forecasted by 2025: Jeremy Allaire, CEO of Circle, predicts that stablecoins will achieve global acceptance by 2025 and become recognized as “legal electronic money.”
Ensuring Stability in a Volatile Market: Stablecoins play a critical role in stabilizing the cryptocurrency market, especially amidst the high volatility of digital assets like Bitcoin and others.
PayPal’s Contribution to Stablecoin Adoption: For example, PayPal launched its own stablecoin, emphasizing the importance of stable instruments in the ongoing shift towards digital currencies.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TON #Toncoin
