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TON Price Could Surpass $30 Following a Parabolic Pump From Hopeful Binance and Coinbase Spot Trading Listing

source-logo  cryptonewsland.com 05 June 2024 12:41, UTC
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  • $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.

cryptonewsland.com