One of the favorite altcoins of this year TON Coin and we have seen that new projects in its ecosystem have attracted serious demand. These applications, which have grown in integration with the Telegram application, have reached over a million users in a short time. New crypto- It is not easy to reach millions of users for your projects. The TON Coin ecosystem achieves this by leveraging the power of Telegram, which has 950 million monthly active users.
TON Coin
But not everything is rosy. Although the network activity is strong and the ecosystem is growing, BTC It may not be possible to keep the demand alive for altcoins while showing such poor performance. This is also true for TON Coin. The price is about to lose a significant profit level and this may cause rapid sales. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Global In/Out of the Money between $6.12 and $6.77 investors will invest approximately $800 million TON Coin This is worth $5.2 billion and at the current price of $6.59, it has the potential to trigger a major sell-off if it loses.
On the other hand, the increase in the rate of active deposits in the network tells us that investors may be preparing to sell while they are in the money. This also tells us that investors may be motivated to switch to alternatives, as many altcoins are at reasonable buying levels.
Investors who made a profit after the last crash want to protect themselves against the possibility of a similar decline, considering the ups and downs that have been going on for months.
TON Coin Price Prediction
TON Coin, which has been declining for a few days, has fallen to $ 6.59 and in order to continue its upward trend, the potential for $ 5 billion in profits should not pull it down. However, if BTC can maintain its stability above $ 60,000, TON Coin investors may become more courageous at this point.
The key resistance on the TON Coin front is $7, and the recovery will be blocked by closing above this resistance. Then, $7.53 and the all-time record high of $8.28 can be tested. On the other hand, if the key support level of $6.43 is lost TON Coin The sell-off will accelerate and a bottom will probably be sought at $6.04.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
