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Binance periodically adds new tokens to its platform to improve users' trading experiences. This usually positively impacts the price of the listed cryptocurrencies.

Despite the Kaia Blockchain's launch as a replacement for the Klaytn network, Asia's answer to Telegram's The Open Network (TON), the KLAY price has suffered a significant 9.04% in the 24 hours post-launch.

Telegram-linked cryptocurrencies are down this week after Pavel Durov, the founder and CEO of the messaging app, was arrested.

After the SEC vs. Ripple Lawsuit, XRP price has been moving sideways.

Crypto exchange behemoth Binance on Friday issued an important announcement on Toncoin (TON), DOGS, Jupiter (JUP), Algorand (ALGO), Aptos (APT), Arkham (ARKM), Blur (BLUR), SuperRare (RARE), Ontology (ONT), Tensor (TNSR), and Renzo (REZ) crypto. The digital asset exchange pioneer revealed that it is listing new margin trading pairs for the mentioned tokens on its platform

New crypto coins with great growth potential always get the most attention from whales. DTX Exchange (DTX) is one of those coins. This project will soon launch its L1 blockchain, a central talking point among Toncoin (TON) and Ethereum (ETH) whales. Also, its ongoing presale has been great as early buyers enjoy a 200% return.

Bitcoin briefly fell below $58,000 late on Wednesday, dipping to a low of $57,974 before recovering. Since then, price action has been relatively muted, with Bitcoin (BTC) trading just above the $59,000 price level, down 0.80% in the past 24 hours.

The broader market remains volatile, with the BTC price back under the $60K mark. Amid this, the volatility increases for the Toncoin and Notcoin with Parel Durov's case. As Durov gets out by paying a bail amount of $5.56 Million, the altcoins are turning positive momentarily.

Crypto Prices Today (August 29): The crypto market today remains weak, although it has also prevented further downside momentum. Bitcoin (BTC) price kept the $59K mark, whereas Ethereum (ETH), Solana (SOL), and XRP traded in both red and green territories.

Cryptocurrency prices remained under intense pressure this week as last week's bullish breakout fizzled. Bitcoin recoiled from Sunday's high of over $64,000 to below $60k while the crypto fear and greed index fell from almost 60 to 49. Most altcoins like Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) remain in a deep bear market.

Bitcoin's fall below $60,000 signals near-term weakness, but longer-term investors continue withdrawing coins from exchanges, signaling a bullish outlook.

August has seen a market downturn, leading to price dips for many assets. Whales, aiming to capitalize on the current conditions, have started accumulating certain altcoins in anticipation of potential gains in the coming month.

TRON's rise and Toncoin's decline could signal shifting investor confidence and market dynamics in the cryptocurrency landscape. The post TRON's market cap gains could push Toncoin out of top 10 appeared first on Crypto Briefing.

Toncoin price reclaimed $5.50 on Aug 28, a rapid 10% recovery from the shock price dip recorded after French authorities arrested Telegram CEO Peter Durov.

Telegram Coin Toncoin (TON) has lost its market cap position to Tron (TRX) following a recent price correction and the ongoing detention of Pavel Durov. Before Sunday's events, TON had a market cap of $17.20 billion, while Tron's market cap was over $14 billion after surpassing Cardano.

The downtime was partially attributed to the overwhelming popularity of the DOGS airdrop, a campaign by the Ton Foundation aimed at raising awareness about the arrest of Telegram's founder, Pavel Durov . Despite these challenges, Toncoin has managed to reduce its losses, currently down by less than 1%, a stark contrast to the broader market's performance.

Toncoin's TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted.

With its price beginning to show signs of strength XRP is preparing for another attempt at a surge. It has served as a crucial level of support when XRP has recently pulled back to its 26-day Exponential Moving Average (EMA).

Toncoin and ether have led crypto majors in a price correction, with the sector's market cap declining by 3.6% in the past 24 hours.

After Telegram CEO Pavel Durov was arrested in Paris, major tokens on the The Open Network are down amid protest.

In the crypto arena, some traders often make accurate predictions about the growth of tokens. One of the same traders who predicted the growth of Tron (TRX) and Toncoin (TON) has shifted focus.

Bitcoin (BTC) failed to stay above $64,000 as slight losses pushed the price below $63,000. Other major cryptocurrencies, including Solana (SOL), Ethereum (ETH), and Ripple (XRP), also registered marginal losses despite witnessing an increase over the weekend.

The number of Tron and Toncoin daily active addresses saw an impressive rise on Monday, Aug. 26, leading the charts by a huge margin.

Notcoin price plunged 10% on Monday following the report that Telegram founder and CEO Pavel Durov is facing 12 serious criminal charges. This news accelerated the selling pressure on Telegram-related cryptocurrencies Toncoin (TON) and Notcoin (NOT), projecting the risk of a prolonged correction.