Toncoin Up Over 8% In The Last Week – How Far Can It Climb?
In the rapidly evolving world of cryptocurrencies, Toncoin (TON) has recently emerged as a focal point of discussion due to its notable price surge of over 8% within the past week. This increase has ignited renewed interest in cryptocurrency and sparked inquiries regarding the coin’s potential for sustained growth in the foreseeable future. At the time of writing, Toncoin (TON) boasts an impressive price of $1.46, securing its position as the 14th largest cryptocurrency by market capitalization, around $5 billion USD. Related Reading: This Ethereum Metric Has Sparked Centralization....
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Over the past 24 hours, the majority of the crypto market has been moving slowly, with the premier cryptocurrency Bitcoin falling below the $26,000 mark again. Toncoin, on the other hand, continues to defy the current market conditions, registering a significant price climb in the past day. The TON price experienced a substantial increase on the first day of September, which is consistent with its overall trend in August. TON Soars By 11% In A Single Day Toncoin currently leads the altcoin market as one of the top gainers following an 11% price rise in the past 24 hours. In the same....
Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network (TON) Foundation. In addition to the toncoin support, users can also purchase bitcoin via the software’s bot system.
TON Foundation Reveals Telegram Toncoin Support, Users Can Purchase Bitcoin via Bot
The ability to send and receive cryptocurrency using Telegram is now possible using the TON Foundation’s toncoin. Sending digital currencies via third-party applications tethered to Telegram was possible before.
However,....
Toncoin is outperforming major coins despite a turbulent week for the crypto market. The coin experienced a surge of over 14% within the week, leaving traders with huge profits. Toncoin is currently trading at $1.44 per coin, a 4.68% gain in the last 24 hours. Toncoin’s gains also extend to BTC and ETH as it records a substantial edge in price over both cryptos. More recently, Telegram announced the near-completion of its username auction marketplace. The announcement also mentioned the marketplace would leverage the Ton blockchain infrastructure. This bullish news helped push Ton’s price....
Toncoin, of the TON network, has captured the attention of the cryptocurrency community as its Total Value Locked (TVL) surpasses a staggering $148 million, marking a historic milestone. This meteoric rise, reported by DefiLlama, showcases an almost threefold increase in just one month and a jaw-dropping tenfold surge over the course of a year. As of the latest update, TON’s TVL stands firm at slightly over $146 million, underscoring its growing prominence in the decentralized finance (DeFi) landscape. Related Reading: All Quiet On The Bitcoin ETF Front – Should You Be Paranoid?....
The development of Toncoin, designed to work in conjunction with the Telegram messaging app, has been one for the books. TON, which stands for “The Open Network,” got its own @wallet bot on Telegram’s open WebApps platform back in April, enabling users to transact Toncoin from within the messaging app. The revolutionary development has since then witnessed growth in terms of usage and transaction volumes. This time around, with a significant upgrade, a group of independent TON developers have taken it another step further by launching a fully-fledged cryptocurrency wallet inside the....