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!
TONUSD
TON - Rocket fly against the entire market!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I have not written anything on this project for a long time, but I often follow it and am constantly surprised.
For example: on Friday, when the entire market was whizzing down, TONCOIN was able to grow by +10%, how do you ask?
So I repeat once again who sees this coin for the first time and perhaps wants to add it to their investment portfolio.
This project has its own separate blockchain with which a large team of developers is actively working and Pasha Durov, under the guise of Elon Musk, writes his posts in and also pumps the project like Elon DOGE at one time.
Here is an example of one of the news of the project this week:
TON has been integrated into the Orbit Bridge cross-chain platform, which connects 19 blockchains and 84 popular tokens.
Cross-chain platforms are projects that are designed to securely move tokens from one blockchain to another using bridges. With the help of a bridge, for example, it is possible to move the native token of the Ethereum network to the TON network.
This can be said to be insignificant news was released on December 8, and after a couple of days TON flew away by 35-40%, that's how it is guys.
I bought another TON at $0.9 and sold somewhere in the region of $2-2.5 now I expect a correction to the $1-1.5 zone, from there I will most likely buy for the long term.
The project has a very big future and many goals for the next year. I will not be surprised if TON in the middle of 2023 will cost $5-7 and this is the bare minimum.
TONUSD - Bullish Fibonacci Transition Transitions between a drawn Fibonacci circle can be seen to be full of bullish activity for TONUSD
The first pushing price way above a channel that can be drawn (price label 1.99)
The second being sharper but still within channel
And the next again breaking the channel pushing price up high (other label)
Interesting Chart
TONCOIN + 50% Durov (telegram) announced the launch of auctions for the sale of nicknames based on TON.
On October 20, the official telegram usernames channel announced the imminent launch of the auction. The exact date is not named, but I believe it is the first half of November. The project is promising, with a professional development team. In a year, they have done more work than any other blockchain project.
I believe the price for the period of the auction will reach 1.95 and 2.30
The Open Network as closed type communityThe problem with TON currency is that it is a kind of private reserve bank with a limited issue where the ordinary outside user has no opportunity to invest their futuristic intentions. The network is run by a select community of speculators who have nothing better to offer except staking and because they already have all the coins in their hands and are forced to sell them step by step implementing standard functionality. Therefore, the price of the coin fluctuates in the range of $1-2 and is quite predictable, since when the maximum is reached, the entire crew is in a hurry to sell the accumulated coins to new adherents who will have the same fate in the future, and there is no hope that the situation will change in any way, and because the team is passionate marketing as most of altcoins and is not able to heed the key innovative ideas.
TONUSDT Lower Highs break-out but Resistance come to playToncoin (TONUSDT) made a convincing bullish break-out yesterday above the Lower Highs trend-line that has been keeping the price action below since the April 21 dump. Today it is attempting a 1D candle closing above the 1D MA50 (blue trend-line).
After the break-out that turned the trend bullish at least on the short-term, the Resistance levels formed of the previous Lower Highs are now coming to play. Our strategy is to buy every 1D candle close break-out and target just below the next Resistance.
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TONCOIN + 50 %The coin was in accumulation, there was a tightening of the resistance level of $2, the level was broken and there is no rollback. It is important to note that the instrument does not react to the fall of Bitcoin and continues to grow, above the level of $ 2, there are no levels and no sellers - let's go to 2, 90 in the near future