cryptonewsland.com
- TON has taken rank 9 in the top 10 largest market cap cryptos worldwide.
- The altcoin has set new standards for the ongoing bull cycle and shows bullish signs.
- The asset could pump to $30 if it gains Binance and Coinbase spot trading listing.
The Open Network (TON) has set a new and higher standard for this crypto bull cycle. Having just secured a rank in the top 10 largest cryptos globally according to market capitalization, TON has come a long way so far.
Toncoin (TON) is a cryptocurrency and the native token on The Open Network blockchain platform. It handles operations and transactions and is used on-chain for games and even as collectibles to build on the TON ecosystem.
The TON ecosystem is home to many prominent and popular crypto projects all geared towards interesting niche sectors. The most notable in the NOT token, which just like TON has also exponentially in the crypto market.
Both assets grew in a short time and are slowly climbing up the ranks. While NOT is already listed on Binance, TON is yet to make its debut on more mainstream tier-1 crypto exchanges including Coinbase and Binance.
Presently, according to CoinMarketCap analytics, the price of TON is at $7.39 and the asset is up by 6.7% in the last 24 hours and up by 21% in the last 30 days. It boasts a market cap of $17,845,065,046 and a 24 hour trading volume of $539,753,271.
Similarly, the price of NOT stands at $0.02% and the asset is up by over 300% in the last 14 days. It boasts a market cap of $2,286,839,382 and has a 24 hour trading volume of $1,947,754,783.
The reason behind NOT’s explosive performance is likely due to the fact that it is listed on Binance. While the two assets share similar listings TON is not yet listed on Binance which, when listed, could lead to an explosive price pump for TON.
If TON can manage to list of Binance and Coinbase along with the spot trading option then the possibility of a parabolic pump becomes more plausible for TON. So much so, that the price of TON could hit or surpass $30.