TONCOINUSDT trade ideas
TON Price Rallies Amidst Telegram Accepting $TON for Ad PurchaseTelegram, a leading messaging platform, has recently announced the introduction of TON-based ads, which have the potential to offer numerous advantages for advertisers seeking cost-effective and efficient advertising solutions. Toncoins, a cryptocurrency powered by the TON Blockchain, can now be used to purchase these ads, leveraging the blockchain's low transaction fees and high-speed transactions to ensure a seamless process.
The TON-based ads system offers advertisers complete autonomy over where their advertisements appear and how much they spend, allowing them to target specific channels that align with their target audience, ensuring maximum reach and effectiveness for their advertising campaigns. In addition, channel owners stand to benefit from a generous reward system that allows them to receive a significant portion of the revenue generated from ads displayed in their channels - a remarkable 50%, to be exact. With over 1 trillion views in channels every month, channel owners have the potential to earn substantial revenue through this new reward system.
Telegram's CEO and Founder Pavel Durov has unveiled a strategic plan aimed at maintaining decentralization and stability amidst concerns about the concentration of Toncoin ( LSE:TON ) supply within Telegram's ecosystem. Telegram's proactive strategy involves limiting its share of Toncoin to approximately 10% of the total supply, thereby ensuring a more equitable distribution of the cryptocurrency.
Meanwhile, Toncoin ( LSE:TON ) has continued to demonstrate resilience and strength in the market, with a current price of $5.24 USD, a 24-hour trading volume of $198.8 million, and a market cap of $18 billion. Despite fluctuations in the market, Toncoin ( LSE:TON ) has rallied by 1.80% in the last 24 hours, signaling positive investor sentiment and confidence in the cryptocurrency's future prospects. Toncoin ( LSE:TON ) is currently trading above the 200-day Moving Average with a bullish Relative Strength Index (RSI) of 73, indicating a positive outlook for the cryptocurrency.
The Rise, Fall, and Resurgence of TONIn the tumultuous realm of cryptocurrencies, few projects have elicited as much excitement, controversy, and speculation as the Telegram Open Network ( LSE:TON ). From its ambitious inception to its legal battles and recent resurgence, the journey of TON is a testament to the volatile nature of the crypto landscape.
ICO Triumph and Legal Turmoil:
Telegram's initial coin offering (ICO) in 2018 raised a staggering $1.7 billion, signaling widespread investor enthusiasm for the project. However, the SEC's legal intervention in 2019 cast a shadow over TON's future, alleging violations of securities laws and forcing Telegram to abandon its blockchain ambitions.
Revival Amidst Adversity:
Despite regulatory setbacks, LSE:TON resurfaced in 2023 with the launch of its crypto wallet and integration into Telegram's messaging platform. The announcement sparked a surge in Toncoin's price, underscoring renewed investor optimism in TON's potential.
Monetizing Content with Toncoin:
Telegram's foray into content monetization through Toncoin represents a bold move towards empowering content creators and channel owners. With plans to reward ad displays in Toncoin and open its ad platform to channel owners globally, Telegram aims to unlock new revenue streams while enhancing user engagement.
Price Dynamics and Future Prospects:
Despite past volatility, TON's recent price surge and growing ecosystem activity signal a potential resurgence. Speculation surrounding Telegram's IPO and bullish market sentiment hint at the possibility of TON surpassing the $10 mark in the near future.
Navigating the Future:
As LSE:TON navigates regulatory hurdles and market dynamics, its success hinges on regulatory compliance, technological innovation, and community engagement. With its fate intertwined with Telegram's vision and market sentiment, TON's journey continues to unfold amidst a backdrop of uncertainty and opportunity.
TONUSDT its just so clear on chartits all showed on chart and its so clear but if it broke this level we have a great buy position on the top
TON. Reversal down. Not reached 100 MA. LSE:TON Reversal down. Not reached 100 MA. Be careful. Risk.
20 crosses 100, break out up trend. If it crosses resis20 crosses 100, break out up trend. If it crosses resistance is 200, if it crosses 200 think long position. But be aware that it is 15 min timeframe. Check always high timeframe trend. And all know disclaimer.
🟢 TON Trade Plan: Support Turned Potential Entry 📈🚀🎯 Entry Point:
Consider entering the trade between $4.88 and $5.00, anticipating support confirmation.
🎯 Take Profit:
Target profit around the All-Time High (ATH) level at $6.38.
🛑 Stop Loss:
Place the stop loss at $4.73 to mitigate potential losses.
📊 Strategy Rationale:
Capitalizing on potential support at current levels and the bullish momentum from the recent All-Time High.
Targeting the previous ATH as a profit-taking level, assuming a continuation of the uptrend.
Setting a stop loss to manage risk in case the support fails and the price experiences a deeper correction.
📉📈 Note: Monitor price action closely for confirmation and adjust the strategy according to market conditions. #TON #TradingStrategy #SupportEntryPoint 🟢📊
TON- ONE OF THE GREAT MISSthis is one of the project i totally missed and never talked about enough but i was fully aware that so many great was going on in the background...wallet,p2p,defi,AI,gaming all fully packed in one project.
Ton is a good long term investment
Waiting for the retracement to dig in..
TON Fib Retracement - additional buying areas | Strong Bullish🔎 Fundamental analysis :
TON has announced that channel owners will receive 50% of ad revenue generated in their channels, distributed solely in Toncoin $OKX:TONUSDT. The new way of circulation of this coin in the economy will lead to the higher price. We can see something very similar with Binance and their BNB which has integrated tightly with their ecosystem and it has very strong circulation channels that leads to the higher price and amount of people use it as well.
Also, Telegram has enormous amount of users and any further integrations and new projects based on the OKX:TONUSDT ecosystem will enable many people to try them out very quickly, because they're already using the Telegram messanger.
👨🏻💻 Technical analysis: :
Since, the announcement of paying out a 50% of revenue to the cannel owners we have been seeing a strong bullish price spike. We haven't seen a correction yet, so according to this thought current idea suggests following Fib retraicement levels: 0.236 (4$), 0.382 (3.6$), 0.5 (3.4$) as good discount areas for purchasing to the continuation of the Up trend. The Stop Loss area is below the Strong Support level - 0.786 (2.5$)
💭 Sentiment analysis:
🛠️ TBD
👥 Please, share your thoughts or criticism about this idea in the comments section below. Your opinion matters and it'll be helpful for the community to understand a broader picture and shape more objective vision of the asset's price
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Disclaimer:
The information provided is for educational purposes only and should not be considered financial advice. Trading carries risk, and past performance is not indicative of future results. Conduct your own research before making any investment decisions
TONUSDT I continue to look for entry points, I try to enter with a short SL, for a breakdown and retest, the trend is upward, but a local correction is very likely, therefore I enter with such short SL. If we look at it globally, it is better to wait for a normal correction. This idea is written for yourself, like a trading diary
Ton/Usdt Looks Promising For Breakout TON/USDT is currently in an uptrend, with the price showing signs of attempting a breakout. There is a high probability of a significant breakout occurring soon. In the event of a successful breakout, a bullish move of 40-80% could be anticipated. However, it is important to note that this information is for educational purposes only, and individuals should conduct their own research before making any financial decisions.
$TON Parallel Fib ChannelLSE:TON 's been doing nice.
But this might be a top - we're at a new resistance according to the Parallel Fib Channel.
Let's see how it goes.
TON - buy zone, H&S 1h TFOn the 1h timeframe, head and shoulders are possible, I am considering a purchase, closer to the counter-trend
TONUSDT 1W#TON made a new ATH and can go higher from here. Price can get doubled in the coming weeks. If you did not buy it yet, buy a bag of it. In case of deep you can buy in these levels:
$4.463
$4.022
$3.714
Targets are:
$6.628
$7.456
$8.352
$9.621
$10.210
Toncoin Faces Turbulence as Spain Temporarily Bans TelegramToncoin (T NASDAQ:ON ) investors were met with turbulence as Spain's High Court ordered the temporary suspension of Telegram services in the country. This move, prompted by complaints from media companies regarding unauthorized content distribution on the platform, sent shockwaves through the Toncoin market, leading to a significant price drop.
Spain's High Court Halts Telegram Services:
The decision to suspend Telegram services in Spain stems from grievances raised by prominent media companies, including Atresmedia, EGEDA, Mediaset, and Telefonica. Allegations of unauthorized content distribution prompted Judge Santiago Pedraz to order the temporary ban, pending further investigation. With Telegram being the fourth most-utilized messaging service in Spain, this development marks a significant setback for the platform and its affiliated projects, including Toncoin.
Toncoin Price Takes a Hit:
In response to the news of Telegram's suspension in Spain, Toncoin ( LSE:TON ) experienced a rapid decline in its native token price, plummeting by over 5% within hours but gradually spiked by 10.66% currently trading at $4.91.
Toncoin ( LSE:TON ) is exhibiting a Trend reversal after plummeting by 5% hours later the asset surged by about 11% with a Bullish Relative Strength Index (RSI) of 75.
This downturn comes despite recent positive developments surrounding Telegram, such as its IPO plans and successful bond sales, which raised $330 million in investment. However, the fallout from the suspension highlights the vulnerability of Toncoin ( LSE:TON ) to external regulatory pressures and underscores the importance of regulatory compliance in the cryptocurrency space.
Navigating Uncertainty:
Despite the setback, Toncoin's price trajectory exhibits signs of resilience, with a 10% increase over the past 24 hours and a 27% surge within the week. This resilience is fueled by recent announcements, including the $115 million TON distribution and the launch of Telegram's advertising platform. These developments signal potential avenues for Toncoin's adoption within Telegram's ecosystem, driven by advertising revenue opportunities and the platform's expanding user base.
Opportunities Amidst Adversity:
While Spain's suspension of Telegram services poses immediate challenges for Toncoin, it also presents opportunities for strategic adaptation. Investors and stakeholders can leverage this moment to reassess Toncoin's regulatory compliance measures and strengthen its positioning within Telegram's ecosystem. Furthermore, continued innovation and partnerships can mitigate the impact of regulatory uncertainties, ensuring Toncoin's long-term viability and resilience in the face of external disruptions.
TON NEW INCREASE VOLUME IN TRENDTON shows a new increase in volume, which could be confirmed in the coming time frames.
We will follow the coin to see if it's able to confirm.
The reason for the volume is the trend data that this coin shows.
This coin is a basic choice on daily trends.
There is a good chance this coin can become a running volume coin for the next period.
Our Game Plan for Telegram TONSince the last hype of KUCOIN:TONUSDT by the Telegram founders, this coin has been struggling to break out of its historical resistance.
I expect a breakdown below the weak support level, this will be our first entry.
Then we will strategically DCA our position downward in anticipation for 2-5x on this.
They have the platform and audience, these are important factors we considered in this analysis.
A robust ecosystem and better decentralization are added advantages.
What do you think about this analysis?
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
Right time to earn new profit 😬While bullish, stabilization above the number 4.5 will realize the ability to grow in the short term on the way to goal 6
TonusdtConsidering the rsi and the ceiling of the channel, it is not a good place to buy, be careful and don't get involved in fomo
TonTraders,
Look to sell at 4.50
We need confirm to enter this sell.
Stop loss @armenbazeyan64.64 .
Target:4 and 3.80
