One of the best 10 altcoins is not like others (and toncoin)

There was a heavy thing that was fermented by St. Patrick in Altcoin exchange markets.

Among the 10 best alkins on the market, was the second largest money maker for 7 days ending on March 20 (with +10 %). But the name Toncoin was examined this week. Mobilize a huge ton +37 %.

Toncoin (TON) is the original currency of the famous TELGRAM Correspondent application for Windows and Android operating system.

Toncoin explained in 60 seconds

https://www.youtube.com/watch?

Meanwhile, Dogecoin was declining in the week that ends on Friday 21 March. Dog recorded 3 % for 7 days. Kardano was making the world better for sellers on the Ada shorts.

The original ADA -Smart Contracted ADA -1 SMARTRACT platform is traded for this week. Meanwhile, Solana trading -3.76 % was less than its level before a week.

In general, Bitcoin prices are flat for the week, and their share in the market between altcoins She fell 70 basis points. So what was the price of Toncoin?

The following five signs played well in the encryption markets a week.

1. The French government restores the passport of Telegram founder

The French government arrested the founder of a telegram and executive president, Pavel Douru, last August.

France wanted to investigate Dorov on the alleged crimes committed by the third -party users of the Telegram app for his company. Toncoin prices decreased by 20 % in 12 hours.

But this month, the markets learned that the government had returned to Dorov’s passport and allowed him to leave the country. A ton increased by 20 % within minutes when the news is found.

2. VCs heavy strike invests $ 400 million per ton

The launch of the storing by the authorities in France was a huge moral supporter and positive advertising for Toncoin. But the Layer-1 smart contract also made great steps on the work front on the same calendar.

Meanwhile, when the founder of Toncoin left France safely, the markets were pleased to find out a $ 400 million investment tour by a ton by many capitalists in the field of high technology.

Among the supporters are Sequoia Capital, Ribbit, Benchmark, Kingsway and Draper Associas, The Ton Foundation Declare In a press release.

Giant customization means strong support for Toncoin prices because it increases a large part of the 5.13 billion TON supplies.

3.

In addition to the great legal victory and the victory of a large company in the same week, Toncoin’s standards on the series showed a positive activity on the TON network.

The average transaction and storage fees that users pay daily, for example, declined from 15145 tons on 25 to 6295 February by March 25, according to data from TonsTat. So it is a cheap time to use the network.

Meanwhile, the growth of the network in the stimulating wallets continued on the chain along a fixed slope from February.

The network has also seen a slowdown in the new supplies, as the daily growth in the bonuses of the entertainment remained unchanged from December levels after a year of remarkable growth.

4. Classic fibers are bounced from 34 % of another R.

This march was an ideal storm for the Toncoin gathering that offers Alpha Roi, which may have enabled artistic plans to expect a single popular trade signal.

Fibonacci tradition levels are a technical analysis tool based on the historical record of the markets to reflect the excessive peak/sale trends around the gains/losses of the percentage that is lined with Fibonacci ratios that are usually present in groups of organized and throughout nature.

On March 12, about $ 2.74, TON started gathering from the most famous losses since its highest level ever at $ 8.08 on July 2, 2024. That was near the price level, approximately 34 % of ARAT price.

34 is the tenth number in the classic Fibonacci sequence.

5. Telegram application is entitled to 1 billion active users

Meanwhile, as Toncoin approaches the retreat line in Fibonacci at times, the application’s ecosystem achieved another tremendous victory in addition to a VC financing round and Dorov’s release by the French authorities.

The famous social correspondence application Telegram Cross An impressive landmark of 1 billion active users. Durov celebrated the publication of beef with a competitor WhatsApp on Telegram. The markets continued to go to the wilderness for Toncoin.

“In front of us, WhatsApp stands-cheap and ridiculous tradition from Telegram.”

“For years, they tried desperate copying our innovations while burning billions on pressure campaigns and public relations to slow down. They failed. The receipt has grown, became profitable, and regardless of our competitor – kept independently.”

Dorov also highlighted that the parent company Telegram made profits of $ 547 million last year.