Toncoin Rises Over 30% as Telegram Takes Charge
- Toncoin surged from $1.37 to $1.84, increasing its market value to $4.5 billion.
- Trading volume for Toncoin jumped 600%, reaching over $630 million in 24 hours.
- The combined market capitalization of TON-based meme tokens rose by 67% in one day.
- Notcoin increased by 26%, while Dogs saw a rise of over 90% despite being down 96% from its peak.
- Smaller-cap tokens like Morfey, Resistance Duck, and Cubigator posted gains of nearly 1,000%, 645%, and 390%, respectively.
Trading Analysis
Trading Signal: BULLISH (Score: +8)
The surge in price and trading volume indicates strong positive momentum for Toncoin.
Price Levels:
Current: $1.84
Support: Not specified | Resistance: Not specified
Recent Range: $1.37 – $1.84
Catalysts & Timeline:
• Near-term: Revamped ton.org and new developer tools expected within two to three weeks.
The recent surge in Toncoin‘s price and trading volume reflects growing investor confidence following Telegram’s strategic involvement as the network’s largest validator.
Source (3.2)https://cryptobriefing.com/toncoin-surge-meme-coin-telegram-takeover/?rand=59535
