gtag('config', 'G-0PFHD683JR');
Price Prediction

Why does the price of Toncoin rise today?

At 3.117 dollars at the time of the press, Toncoin (TON) witnessed a 7.3 % significant increase in the past 24 hours, which sparked widespread attention between cryptocurrencies and market monitors.

Toncoin was originally developed by Telegram and is now preserved by TON Foundation, on the open network, which is a highly productive Blockchain Blockchain designed for fast and developed transactions.

Its deep integration with Telegram – which has a user base that exceeds one billion people – greatly enhances the possibilities of adoption by including encryption functions directly in one of the most used messaging platforms in the world.

Today’s increased prices indicate the meeting of basic developments and market dynamics in playing, and understanding the reasons behind this gathering can provide an insight into what can be expected when investing.

Why does the price of toncoin rise?


Copy the link to the section

Improvements in the modern ecosystem, such as the “earning” feature of the Portal for the negative income and the option to pay the fees with Telegram starsToncoin has greatly reinforced and attracted a wider audience.

The growth of TON Network increases this rise, with the number of titles increasing from 130.63 million on January 1, 2025, to 149.15 million by April 22, 2025, reflecting strong adoption trends.

Another factor that is likely to feed the high prices of TONCOIN today is a recent interview with the head of the TON Foundation Corporation on April 23, 2025, where he discussed TON’s Web3 aspirations.

This is likely to inflame this invested optimism, which contributes to the progressive price movement of this day.

There too A speed program of $ 5 millionDesigned to support developers who build on tons and enriching the ecosystem, and may lead the demand for the distinctive symbol of the ton.

The accessibility has also improved through the MONPAY integration, allowing American users to easily get $ TON, which expands the investor base and supports price momentum.

💎 $ Ton Available on Moonpay in the United States of America! 💸 To celebrate, we give up $ 2000 per ton for one person in the United States of America who loves this post 💜 When buying TON using Moonpay balance, there is zero mp!

image

TON Foundation has also allocated 30 million tons of distinctive symbols for community rewards, which confirms its efforts to enhance participation, and perhaps stimulate the network activity and positive prices.

In addition, expansion hints to the Netherlands as an encryption center, as mentioned in the last interview, indicate strategic moves that can open new ways of the ton.

Technical analysis of a ton price


Copy the link to the section

The Toncoin Prices Prices offer a break from a two -hour chopping spoiler, indicating a shift from landing to the upward direction.

This artistic composition indicates that buyers have regained control, and the price was paid up after a period of contraction.

In addition, via a 50 -day simple moving average (SMA) over SMA for 200 days on the graph for two hours, indicating a bullish direction.

Toncoin price scheme By TradingView

However, you will need to exceed the resistance at $ 3.16, the upper limits of a 24 -hour range, in order to gather a budget towards higher targets such as its highest level ever at $ 8.25 of June 2024 to be confirmed.

Pricing it is currently at $ 3.117, the cryptocurrency is in a standard of unification, and is often a prelude to achieving additional gains as the market participants evaluate the next step.

Support depends at $ 2.91, which is the minimum of the last 24 hours, providing a pillow against possible decline.

On the daily chart, the RSI Index sits at 44.05, which reflects a neutral stance with a wide space to estimate prices without beating the seen lands.

The trading volume has increased by 27.90 % to 204.93 million dollars in the past 24 hours, highlighting the strong market activity and increasing the investor’s interest.

This mixture of upward signals and fixed market dynamics indicates that the high prices of Toncoin today is supported by solid technical foundations, with a room for continuous growth if the momentum continues.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button