A crypto expert has projected a forty percent increase in the value of Toncoin.
With the token's success in breaking through the $8 barrier today, the TON rate is exhibiting positive dynamics. The uptick is a result of more network activity, which is in turn caused by more users who log in every day.
Another sign of increasing demand and interest from investors is the recent uptick in the number of new wallets added to the Toncoin network. The value of TON is expected to rise by another 40%, according to analyst Ali Martinez.
According to Martinez, the positive mood in the cryptocurrency market is a result of macroeconomic factors, such as data on the US consumer price index, which will lead to an increase in the TON rate.