The profitability of #Toncoin (TON) wallets has taken a substantial hit, with only 65% of wallets currently in profit, compared to a peak of 90% just a week ago. This sharp decline points to changing market dynamics surrounding the cryptocurrency. Recent data indicates that 25% of Toncoin wallets are now […]
Tag: TONCOIN
TONCOIN PRICE ANALYSIS & PREDICTION (October 28) – Ton Recovers Slightly From Weekly Low, But Remains Bearish
Amidst this week’s drops, TON lost almost 5% of its value to test a key support level. However, the price has recovered briefly in the past hours but its bearish trajectory is still intact from a short-term perspective. Unlike many altcoins, which have recovered significantly from their local bottom over […]
Toncoin Faces Centralization Concerns As Active Users Drop And Wallets Suffer Losses
According to data from @intotheblock, daily active users on the Ton Blockchain have drastically fallen from 5 million to around 1 million. As of today, Toncoin is valued at $5.16, with only 13.80% of wallets currently profitable, translating to about 12.62 million wallet addresses seeing gains. In contrast, a significant […]
TONCOIN PRICE ANALYSIS & PREDICTION (October 14) – TON Signals Bullish Following 5% Daily Gains But Pressure Is Low
As altcoins have recovered since Thursday, TON posted minor gains and briefly turned green. However, it appeared to have found support as it continues to increase daily – now showing signs of strength. TON has been on a buying spree in the last 72 hours, but the pressure is still […]
TONCOIN PRICE ANALYSIS & PREDICTION (September 30) – TON Rejects This Key Resistance Line After Monthly Recovery, Incoming Drops?
Despite the recent monthly recoveries, Ton’s overall market outlook is still bearish in the short term. It currently appears weak daily after rejecting a resistance line, where major drops were activated in the past months This month’s trading has brought a significant recovery in Ton’s price as it revisited the $6.1 […]
USDT Supply On TON Blockchain Surges Past $1B As User Growth Accelerates
The TON blockchain is now home to one of the fastest-growing stablecoins, with USDT leading the charge based on 30-day supply growth percentage. Over the past week, the total circulating supply of USDT on TON surged by 41%, surpassing the $1 billion milestone for the first time. This impressive growth […]
The Open Network ($TON) Sees Rapid Growth In USDT Trading And Active Addresses
The Open Network ($TON) is making waves in the world of USDT trading, with growing adoption and increased transaction volumes. On September 9, 2024, $TON recorded an impressive $1.2 billion in trading volume and hit 1.5 million unique holders, signaling its rising presence in the market. While $TON’s growth is […]
TON Blockchain Surpasses 1 Billion Transactions Following Successful USDT Integration
The TON blockchain has reached a significant milestone, surpassing 1 billion transactions—a testament to the network’s rapid growth and increasing adoption. This achievement comes shortly after TON accomplished its ambitious goal of integrating USDT across more than 100 platforms, a target set earlier this year. TON recently achieved the ambitious […]
TON Blockchain Back Online After 6-Hour Downtime: Congestion Causes Chaos
The TON blockchain has finally resumed operations after a grueling 6-hour downtime, caused by network congestion triggered by the distribution of DOGS tokens. The overload led to validators becoming overwhelmed, resulting in a loss of consensus. NEWS: @ton_blockchain is back online after nearly 6 hours of downtime, and block production […]
TONCOIN PRICE ANALYSIS & PREDICTION (August 25) – TON Loses 15% In A Fresh Drop, Will This Crucial Support Holds?
The past 24 hours have seen TON through another downturn following a sharp drop under $6. While it appears highly bearish daily, it may roll back to the yearly low if the price breaks below its five-month support. After witnessing multiple rejections at around $7 in the last two weeks […]
TONCOIN PRICE ANALYSIS & PREDICTION (August 14) – TON Reclaims $7 Following A 14% Daily Surge, More Gains Ahead
In continuation of the recent recovery, Toncoin tapped a month high with a 14% surge overnight. The price may explode massively as it poises for a breakout following a new bullish formation on the daily chart. Following last week’s bounce in Bitcoin’s price that triggered a recovery amongst many altcoins, […]
TONCOIN PRICE ANALYSIS & PREDICTION (August 9) – TON Climbs Above $6 After Rejecting A Key Support, Down 7% Weekly
Bouncing off key support earlier this week, Toncoin appeared strongly bullish today because of a high-volume inflow in the last 24 hours. It is now amongst the market’s top gainers with a 15% surge since yesterday. In July, TON initiated a bearish move after posting several gains in the previous […]
The TON Ecosystem: An Emerging Giant In The Crypto World
The TON ecosystem, standing strong alongside Ethereum ($ETH) and Solana ($SOL), boasts rapid transactions and robust performance. Despite this, TON remains under the radar for many traders, which is surprising given its significant potential and current market impact. The $TON ecosystem stands strong alongside $ETH and $SOL, with rapid transactions […]
TONCOIN PRICE ANALYSIS & PREDICTION (July 29) – TON Turns Bearish Despite Recent Market Recovery, Correction Time?
TON decreased by 1% today in continuation of the monthly drawdown, but it is still trading in the buying zone on the monthly timeframe. A drop below the May low may fuel huge selling pressure in the coming week. Last month, TON reached a new milestone after rallying by 3x […]
GameFi Gaining Momentum On TON Blockchain As Key Projects And Tokens Surge
In a recent X space session, TON Blockchain and BitgetWallet have been highlighting the GameFi theme, capturing the attention of crypto communities for a month. Prominent GameFi projects on the TON chain, such as $NOT, $GMT, and $GMEE, are drawing significant interest. #GameFi is the upcoming trend? 😬🤔@ton_blockchain and @BitgetWallet […]
TON Surges To $8 Amidst Growing Adoption And Accumulation By Smart Money
TON has reached $8, but this might just be the beginning. The integration of USDt on TON is now live across more than 60 platforms worldwide. Marketplaces, travel platforms, exchanges, wallets, and more are on board, making USDt-TON increasingly accessible to everyone, everywhere. Our journey towards accessibility is going global. […]
TONCOIN PRICE ANALYSIS & PREDICTION (July 3) – TON Slides 2% Amid Overnight Market Loss, Possible Recovery Ahead
Toncoin has slowed down buying today due to a slight drop. It remains bullish but may keep losing steam if the bulls fail to sustain pressure. Since TON bounced back from a major correction in May, the price has increased significantly as it continues to break through several obstacles on […]
NOTCOIN PRICE ANALYSIS & PREDICTION (June 3) – NOT Explodes 100%, Prints New High Following A Daily Huge Volume Inflow
The past week has been an interesting period for Notcoin NOT as it witnessed a massive explosion to a new high today. This high has been rejected and the asset is now undergoing a retracement on the lower timeframe. Following several presale announcements by top exchanges, Notcoin went through a […]