Toncoin (TON) is down 24% in the last 30 days and is up 1,295% since inception. Looking ahead, TON is predicted to trade higher. It will surpass the $10 mark in 2028 and $20 in 2030.
TON (The Open Network) is a decentralized protocol developed by Telegram and created by the community. The protocol is designed as a distributed supercomputer, or “superserver”, consisting of TON Blockchain, TON DNS, TON Storage, and TON Sites. The network’s native token is called Toncoin.
“Will TON ever rise? Can TON Hit the $10 Mark? Where will TON be in five years?” These are the questions traders and investors ask. We will answer them and more in our Toncoin price prediction.
An analysis shows that the current sentiment is bearish, while the Fear and Greed Index shows greed among investors. Further analysis shows that TON is falling further as DeFi activity declines but the stablecoin market rises.
According to Cryptopolitan price predictions, $TON is expected to trade higher in the coming years. However, factors such as market crashes or difficult regulations could invalidate this optimistic theory.
Defi llama shows that TON’s total value locked (TVL) is falling after reaching $764 million in July. It now stands at $394 million. On the contrary, the market capitalization of the blockchain stablecoin has been increasing.
As the second half of 2024 unfolds, TON remains bullish, as evidenced by the price recording higher highs. The price will range between $2.51 and $7.38. The average price for the month will be $5.62.
There are predictions that show TON reaching a high of $7.38 in the second half of 2024. In 2025, it will range between $3.53 and $4.45, with an average of $3.66. In 2030, it will range between $23.35 and $28.25, with an average of $24.18. Please note that predictions are not investment advice.
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