$TON #ton TON (The Open Network) was initially developed by Telegram, one of the largest messaging platforms in the world, with the goal of building a high-speed, low-cost, and highly scalable blockchain ecosystem. However, due to legal issues in the United States, Telegram had to abandon this project and transfer development rights back to the open-source community. TON is now used to support decentralized applications, peer-to-peer payments, and many other blockchain services, retaining great potential thanks to its strong technology foundation and community.
TON/USDT is currently trading at $5.371, up 0.37% in the last 24 hours. The highest and lowest prices of the day are $5.502 and $5.195, respectively. The trading volume reached 4.39 million TON (equivalent to $23.55 million). The current price is below significant MA lines (MA7: $5.425, MA25: $6.197), indicating that selling pressure in the short term remains considerable. Over the past 7 days, TON has decreased by -16.09%, reflecting a correction trend but still maintaining stability in the support price range.
TON is trading at a low price compared to previous growth phases, opening up accumulation opportunities for investors. Non-leveraged investors might consider allocating 20-30% of their capital at the current price and adding another 30-40% if the price corrects to the support zone of $5.00. For leveraged investors, it is advisable to limit leverage to 2x-3x, allocate small volumes, and set a stop-loss at $5.00 to minimize risk.
With a solid foundation from the development history and practical application of TON, this could be a good opportunity for long-term accumulation. However, investors need to manage their capital carefully and patiently wait for positive signals from the market.
