Toncoin ($TON) has been experiencing some significant price movements in September 2024. After facing challenges due to external factors such as the arrest of Telegram CEO Pavel Durov, the coin has shown a recovery. Currently, the price of $TON is around $5.54, recovering from recent lows. Analysts are optimistic about a potential surge, with predictions suggesting the coin could hit highs of around $8.34 or possibly reach $10 by the end of the month, driven by investor interest and positive market sentiment.
Long-term trends suggest bullish momentum, with technical indicators like the exponential moving averages (EMA) pointing to possible growth. However, it remains important to stay updated as the coin faces both external challenges and potential regulatory scrutiny.
