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Toncoin price remained under pressure as cryptocurrencies rebounded and as its on-chain data improved. Toncoin (TON) was trading at $5.35 on Saturday, down by more than 35% from its highest level last year.
The platform aims to use its financing to eventually launch its own token, with the overall goal of expanding TON's DeFi landscape.
TON appears to be in the preparatory phase of a potential rally.
After a prolonged period of consolidation, cryptocurrency activity has picked up this week, with global crypto market capitalization rising by 2% during that period.
Toncoin (TON) could be on the verge of a significant price surge, according to a recent analysis by CryptoQuant. A key indicator is signaling that TON is entering a low-risk phase, which might present an opportunity for strategic accumulation, CryptoQuant stated in its recent tweet.
Toncoin maintains stability above $5.50 amid an $8.5 billion surge in transaction volume, while analysts project potential growth to $16.65 by 2025 and $46.77 by 2030.
Toncoin (TON) has shown signs of recovery, trading above $5.5 after experiencing price declines in recent weeks. This rebound has not only boosted TON's market capitalization by some millions but also brought investors to ponder on Toncoin's potential for a sustained rally.
Telegram scams rise by 2,000% as scammers use malware bots in trading and airdrop groups. TON enters the U.S. market, bringing in-app payments and gaming features to Telegram's large user base.
TON Foundation appointed Manuel Stotz as president to lead US market expansion while its cryptocurrency faces technical pressure at critical price levels.
Toncoin (TON) has surged by 104% in just 24 hours, catching the attention of crypto traders and analysts alike. The sharp price spike is attributed to increased whale activity and a wave of short liquidations sweeping across the market.
Lower timeframes showed that bullish sentiment has been creeping back into the market.
In the last 24 hours, Toncoin (TON) has seen a significant surge in large transaction volume, which indicates whale activity. According to IntoTheBlock data, TON's large transaction volume has risen 104% in the last 24 hours to reach $8.13 billion.
The Open Network (TON) Foundation, closely associated with Telegram, is setting its sights on an ambitious expansion in the United States. This strategic move comes amid expectations of a more favorable regulatory environment under the incoming administration led by Donald Trump.
The TON Blockchain is expanding its U.S. operations under new president Manuel Stotz while experiencing modest market gains, with its native Toncoin trading at $5.37.
The TON Foundation confirmed its plans on January 14, signaling a major shift toward the American market. “The US ranks as one of the world's largest financial centers,” said Manuel Stotz, the new president of the TON Foundation.
The TON Foundation is preparing for a major expansion in the US, encouraged by expectations of a favorable regulatory climate under the incoming administration of Donald Trump.
The TON Foundation, a blockchain initiative linked to Telegram, is gearing up for significant expansion into the United States, according to a Jan. 14 statement. The strategic shift follows its strong 2024 performance and aligns with a more favorable crypto outlook under President-elect Donald Trump's incoming administration.
Manuel Stotz's mandate will involve fostering additional growth in the United States for the blockchain closely tied to Telegram.
Telegram-backed TON Foundation has plans to enter the US market amid expectations for regulatory shift.
The Telegram-affiliated TON blockchain is set to expand its operations into America. This comes as the country welcomes a new administration in six days.
The TON Foundation, a blockchain entity linked to Telegram, is advancing its plans to expand into the U.S. market. This decision stems from expectations of a favorable regulatory landscape under President-elect Donald Trump's administration.
Manuel Stotz was appointed president and chairman of the TON Foundation, which focuses on expansion in the U.S.
The TON Foundation is preparing to expand the market in the USA with Manuel Stotz at the helm
The TON Foundation, associated with Telegram Messenger, is planning to expand into the U.S. market, anticipating more favorable regulatory conditions under President-elect Donald Trump. As part of its U.S.
