🚹 Upcoming Telegram Airdrops Could Boost Toncoin (TON) Price to Reclaim $7! 🚹

With the Telegram community gearing up for a series of exciting airdrops in October, Toncoin (TON) might be the next token to watch! The native cryptocurrency of The Open Network could see a surge in demand as these launches unfold.

đŸ”č What’s Happening?

Multiple Telegram airdrops are on the horizon, including projects like X Empire, Major, and MemeFi.

Starting September 26 with Hamster Kombat’s Token Generation Event (TGE), excitement is building for new token distributions.

Recent airdrops, like Notcoin (NOT) and DOGS, have already sparked interest, but the upcoming events promise to be even bigger.

đŸ”č On-Chain Data Signals Major Activity:

📈 Increase in new, active, and zero-balance addresses on the TON network.

This uptick in activity suggests growing anticipation for the airdrops and a potential rise in Toncoin demand.

đŸ”č Expert Insights:

According to Bitget Chief Analyst Ryan Lee, Toncoin could see significant improvement as a result of this activity.

The surge in stablecoin supply on TON indicates heightened confidence in the ecosystem.

GIOM data shows over 17 million addresses holding TON at a loss could turn a collective $850M in unrealized profits if the price climbs.

đŸ”č Price Predictions:

Toncoin’s current price stands at $5.70, the same level it was before its 23.20% rally to $7 in May.

Key resistance could appear at $6.50, but a break through this point might send TON towards $7 or even $8.

If rejected, the price could drop back to $4.88.

💡 Investor Takeaway:

As Telegram’s airdrop events approach, investors should watch for potential price movements in Toncoin (TON).

With strong upward momentum, TON could be poised for a breakout. Keep an eye on the $6.50 resistance level for signs of a rally toward $7 and beyond!

đŸ”„ Stay tuned for more updates as these airdrops roll out! 💰

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