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Toncoin

Telegram's TON Coin: A Rollercoaster Ride 🎢What's the Deal with TON Coin? 🤔 TON, short for Telegram Open Network, is a layer-1 blockchain that Telegram launched back in 2018. It's got a sharded, proof-of-stake setup, making it super fast for transactions. 🚀 The OG Plan: Gram 💰 Originally, the network's currency was called 'Gram.' It was all about paying fees, settling payments, and making the network tick. They raised a whopping $1.7 billion in their ICO, second only to EOS. But then, they hit a wall. 🛑 The SEC Drama 🏛️ The Durov brothers almost got TON to the finish line, but then the SEC stepped in. They saw the Gram token as an unregistered security, and that was pretty much game over for Telegram's involvement. 🙅‍♂️ Community to the Rescue! 🦸‍♂️ But hey, TON's code was open-source. A bunch of devs took over and kept the project alive. They even renamed it to "The Open Network" but kept the cool TON abbreviation. 🔄 How's It Work Now? 🛠️ TON Coin is the new Gram, used for everything on the network. They've got a wallet for fee-free transfers, and it's the go-to for Telegram's Mini apps. Plus, they've got extra services like TON Storage and a decentralized VPN. 🌐 Speed & Tokenomics 📈 TON is fast, hitting a record of 55k transactions per second in 2021. It switched from proof-of-work to proof-of-stake in 2022. Right now, there are 3.4 billion TON coins in circulation out of a max 5 billion. Oh, and there's a tiny 0.6% annual inflation. 💹 DAO & Roadmap 🗺️ TON is a DAO, meaning token holders have a say in its future. Developer activity is booming, up 102% YoY. They're leveraging Telegram's massive user base to attract more projects. Even Tap Fantasy, a blockchain game, switched to TON recently. 🎮 So, TON's got a lot going for it. It's fast, it's got a strong community, and it's more than just a token—it's a whole ecosystem. 🌍 Worth keeping an eye (and some $$$) on 👀! One Love, The FXPROFESSOR 💙
CRYPTO:TONUSDLong
by FX_Professor
12
TONUSD: Buy a pullback near 1.700 and target above $3.TONUSD has had a strong bull run as of late, turning the 1D technical outlook green (RSI = 66.857, MACD = 0.238, ADX = 28.071). The consolidation of the past two days is a first indication that we might have reached a medium term peak. In fact it would appear that Toncoin is reproducing the July-September 2022 price action, which after a first peak, pulled back to below the 0.618 Fibonacci level before gradually rising again. The 1D RSI Double Top is further proof to that. We estimate a pull back near 1.700 (Fib 0.618) to be followed by a new uptrend to the top of the long term Channel Up (TP = 3.200). During this sequence, the HL trendline should hold. Notice also how a MA50-100 Bullish Cross preceded both peaks. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:TONUSDShort
by InvestingScope
5
TON. We tend to see what we want to seeI believe in the long term future of TON blockchain. It has a developing ecosystem, Nice UI and foremost - its HUGE USERBASE (Telegram). Do you remember, how Reddit's NFT marketplace overcame OpenSea within few months after its launch? The secret was its userbase. MAU of Telegram is twice as big as Reddit. Imagine what will it bring to the table. Imagine Ethereum had 800m users at the start of its crypto invasion. It is just a matter of time, when they will launch a full scale advertisement to drive the mass adoption of their wallet and the use of the blockchain by average user. And I do believe they will start this campaign right before the actual Bull cycle start. At the moment when everyone will become interested in crypto again, somewhere around the BTC halving period. Meanwhile, back to the chart: we've formed the very similar ascending triangle structure within the ascending channel, as it was earlier, but smaller. Not sure if we will go through the roof right now, i'm thinking we'll go down to the triangle support for the last time in September and up to the highs of the channel from there. We tend to see what we want to see, don't we? Let's check how it will play out this time!
by A_I_Vision
TON Toncoin Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook: FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices. Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure. Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks. Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment. Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market. Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply. Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market. Considering the above, my Price Target for TON Toncoin is $1.44. Looking forward to read your opinion about it.
Short
by TopgOptions
TON/USD 12hour UPDATE BY CRYPTO SANDERS !!hello, welcome to this TON/USD update by CRYPTO SANDERS. CHART ANALYSIS:- Toncoin (TON) was one of Thursday’s notable gainers, as the price rallied by as much as 4% in today’s session. Following a low of 1.75 on Wednesday, TON/USD rose to a peak of 1.88, earlier in today’s session. The move comes days after the token reached a high of 2.05, which was the highest point it has hit since May. , the rise in price comes as the relative strength index (RSI) jumped to a floor of 60.00. At the time of writing, the index is tracking at 63.35, with the next point of resistance around 66.00. In the event it moves beyond this level, there is a good chance that the price will move back towards 2.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITFINEX:TONUSDLong
by CryptoSanders9563
TON/USD 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this TON/USD update by CRYPTO SANDERS. CHART ANALYSIS:-Toncoin (TON) also moved higher to start the week, with the token hitting a fresh multi-month high. TON/USD peaked at 1.93 on Labor Day, following a low of 1.85 during Sunday’s session. toncoin climbed to its most vital point since May 8, when the price reached a high of 2.08. The RSI on TON continues to reside over the 70.00 mark, meaning that price strength remains overbought. This has not prevented bulls from continuing to send the token higher, with the 2.00 level as the perceived target for traders. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITFINEX:TONUSDLong
by CryptoSanders9563
TON Level of the Market makerThe purchase was at the level of 1.1545 in the purchase zone of 1.3168-1.0121 Now the price is in a conditional triangle at the level of the market maker 1.9107 The price of the trading volume is 1.4008 The price of the total volume was 2.2786 Events: Exit from the triangle with anchoring Volume Price level test Entrance to the control zone 2.43-3.10 Level 3.95 Control zone 4.92-7.80 Just in case, exit down with a pin Level 0.77 Buy zone, averaging 0.61-0.37 Bucket 0.498
by InHoldOut
TON. All eyes on me.Given the market state, the lack of TON correlation with the entire market looks rather curious. TON goes in the opposite direction, growing by 47% from the local minimum. Don't forget, behind the ecosystem is the world's largest messenger with almost 1 billion users on board. Small by the standards of the leading TVL blockchains, it allows you to see TON chain slightly from a different vector... The growth potential opens up huge. My previous ideas were negative in relation to TON and its ecosystem. Now, I admit my mistake. I underestimated this thing. Probably, the price will move in the 1.76 - 1.53 range if it does not go higher and does not touch the lower border of the ascending channel. But, this may be prevented by overbought on RSI. Although, assets can be overbought for months and this is not a 100% metric.
by Tropnik
Toncoin & Telegram Toncoin price today is $2.5 with a 24hour trading volume of 40 million dollar. TON price is up 3% in the last 24 hours and 50% up in a month and some traders still believe crypto is ded and boring! Telegram building a crypto exchange and non-custodial wallets right now and using TON blockchain to buy and sell telegram usernames on Fragment website which is pretty cool. In worst days of market TON hit another all time high and the chart still looks strong. Toncoin listed on Bybit and you can stake it on OKX exchange for 200% APY. TonBtc is in correction phase as you see. for scalpers 2.2 - 2.7$ is a good range for making some money
Long
by moonypto
TONUSD Major bullish break-out on Inverse Head and Shoulders!Toncoin (TONUSD) broke last week above the April Lower Highs trend-line as well as the 1D MA50 (blue trend-line). That is a major bullish break-out and as yesterday the price got rejected near the July 22 High (Resistance), it is forming an Inverse Head and Shoulders (IH&S). Technically the target is the 2.0 Fibonacci extension (1.9165) but we will settle for a 1D MA200 (orange trend-line) contact. The buy confirmation signal is a break above the July 22 High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:TONUSDLong
by TradingShot
8
TON. How things? - ask retail investors.Sometimes you can get backlash from your user base if you don't let them get cash out. Or are they here for the tech, sir? The global ascending channel that lasted a year has been destroyed. Target $0.7 - considering the most negative mood in social media and the general dissatisfaction with the direction of the project development, it is worth thinking about the likely price target achievement after breaking through the channel. Also, keep in mind that the initial coins distribution was not rational... Since in the first two months 90% of the coins were distributed among a certain group of miners who picked up the project after the Durov's abandoned development after SEC claims.
Short
by Tropnik
TON coinHello everyone! Today, I want to share an interesting piece of news about the TON coin. Recently, Pavel Durov, the founder of Telegram, announced the issuance of Telegram bonds. He shared this information on his official channel. Furthermore, Durov stated that he also holds BTC and TON. This indicates his trust in these cryptocurrencies and may have a positive impact on their fate. I have written about the TON coin and its prospects multiple times before. Personally, I hold TON coins for the long term, and if the price continues to rise, it will be pleasant. In my analysis, I have identified an interesting zone where I plan to set a limit order in case of price decline.
by CHOWTRADE
TON Toncoin Potential Short Tern ReversalTON Toncoin currently demonstrates short-term upside potential, suggesting the possibility of a reversal and an upward price movement in the near term. The price action indicates a potential shift in market sentiment, with increasing buying interest that could drive the price higher. Considering the short-term upside potential, a target of $1.55 could be set for TONCOIN. This target represents the projected level that could be reached if the reversal and upward momentum continue. Looking forward to read your opinion about it!
Long
by TopgOptions
TON Toncoin has been classified as a security by the SEC !The SEC's classification of Telegram's Gram (TON) as a security highlights the regulatory scrutiny surrounding certain cryptocurrencies. This classification implies that Gram tokens are considered investment contracts, subjecting them to securities regulations and requirements. Such regulatory actions aim to protect investors and ensure compliance within the evolving cryptocurrency landscape. It reinforces the importance for cryptocurrency projects to navigate the regulatory landscape diligently and ensure compliance with applicable securities laws to foster investor confidence and industry growth. My Price Target for TON is $0.73. Looking forward to read your opinion about it!
Short
by TopgOptions
1
TON has significant potentialHi traders! Today we're talking about TON, a coin that is trading in an ascending channel. On the TON/USD chart, we can see that the coin has been trading in an ascending channel for some time now. This means that the price of TON is increasing within the two parallel lines that form the channel. What does this mean for traders? If we look at the TON chart in the context of the ascending channel, we can expect the price to continue to rise. Of course, this doesn't mean that the price can't fall, but growth is more likely in this context. What are some possible entry points? If we consider the ascending channel, we can look for possible entry points at the support line of the channel. In other words, when the price of TON reaches the lower line of the channel, it may be an ideal time to enter into a buy trade. Of course, we always need to be cautious and use additional analysis tools to confirm our decisions. But overall, the ascending channel is a very interesting indicator for traders who want to profit on TON. It's also worth noting that TON has a significant potential for growth in the future, as the project has a strong team and a large community of supporters. So, if you want to take a position in TON, it's worth considering the possibility of entering into a trade within the ascending channel.
Long
by CHOWTRADE
TON/USDT Analysis Update in Daily 🎯tonHI Friends 🌟 As we mentioned in the previous analysis of TON cryptocurrency; The price reacted by hitting the level of $2.9 and the selling pressure caused this cryptocurrency to enter the corrective phase. This price correction continued until close to the 0.618 Fibonacci line and the $1.8 support area. After finishing the corrective phase, the price was able to react to the resistance area of $2.7 again. With the break of the red uptrend line to the bottom, the price is expected to choose the support areas of $2.2, $2 and $1.8 to form a reversal pattern. Arztoday Team 💙 Analyzer ✍: AR.Rashidi
by arztoday
The Open NetworkThe processor is a device that contributes to a lot of intelligent delays organized in such a way that it seems logical in the output. The essence of its speed lies in the fact that the user can pay for additional equipment with the same chip in order to realize the "missed advantage" visually or aurally. I don't think they're belittled by talk about their low level of performance as they are all examples of high aspiration. It works. You see, in all other theoretical disciplines, everyone wants to move faster, they want more knowledge and power from their authority, they want more information, points of view, secret teachings. But once you get to the existential experience, the accelerator becomes less interesting than the location of the brakes, which is what we're looking for. We're not trying to push it, we know how to push it to a speed we can't bear. The inflation-adjusted deficit trend is the same!
Long
by tradephenomena
3