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Toncoin Price Forecast: Could Tether Collaboration Be the Key to TON Hitting $10?

source-logo  coingape.com 19 April 2024 20:19, UTC

TON, the native cryptocurrency of the Toncoin network, has been trading sideways for over a week amid the pre-halving consolidation in the market. While the formation of the short body candles with high weeks reflects no initiation from buyers or sellers, a long-coming support trendline assures the mid-term trend remains bullish on Toncoin. Moreover, the recent integration of the USDT stablecoin within Telegram, a messaging platform connected to the TON Foundation, signals a potential for Toncoin’s market valuation to experience a resurgence.

coingape.com