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Cryptocurrency prices dived sharply this week after the Federal Reserve delivered a more hawkish statement than expected. Bitcoin dived to $66,000 while the total market cap of all coins plunged by over 5% to $2.43 trillion. This article provides a prediction for the Solciety (SLCTY), Binance Coin (BNB), and Toncoin.
Toncoin (TON), linked to the popular messaging app Telegram, has emerged as a formidable competitor to Ethereum (ETH). As of June 2024, Toncoin has showcased significant advancements in user engagement, transaction volume, and market sentiment, positioning itself as a promising investment option in the digital currency landscape.
TON blockchain surpasses Ethereum in user activity, leveraging Telegram's extensive user base for growth.
Look into these overlooked cryptos with strong potential for long-term growth through dollar cost averaging over the long-term.
Toncoin (TON) price surged 7% to hit $7.63 on Thursday, June 13, 2024, while its market cap surged to $18.6 billion, on-chain data analysis reveals the organic catalysts behind TON bullish uptrend.
Amid the ongoing crash that is currently witnessing a slow recovery in the global crypto market, some altcoins are demonstrating growth and resiliened in their performances. oncoin (TON), Notcoin (NOT), and Injective Protocol (INJ), are among the cryptocurrencies standing out after making price recovers.
Toncoin's user activity has rivaled Ethereum's, surpassing it by ten out of the past 12 days in June.
Ethereum's lower performance compared to TON could be attributed to several factors, including the fact that the majority of the network's user activity has moved to layer 2 scaling solutions, which were not considered for the comparisons with TON.
The digital assets Solana (SOL), Binance Coin (BNB), Dogecoin (DOGE), Toncoin (TON), and Shiba Inu Coin (SHIB) stand as notable XRP Rivals in the cryptocurrency arena. These coins have demonstrated potential for substantial growth, making them strong candidates for significant returns.
Favorable CPI data have helped Bitcoin reclaim the crucial $69,000 level, signaling that a move to $72,000 is possible.
A closely followed crypto analyst is listing five altcoins he believes are showing strength despite the choppy market conditions.
Bitcoin and several altcoins are likely to be influenced by the upcoming macroeconomic events this week.
Bitcoin is trying to flip the $69,000 level into support, and if it does, BNB, TON, FIL and INJ may move higher.
Here are our top cryptocurrencies to watch this week: Toncoin hits a new ATH at $7.86; Cardano retests $0.49 but faces a sharp ensuing retracement; SwftCoin sees a 36% spike.
The TON Foundation has announced a partnership with Tether to broaden the access of global crypto communities to USDT on the TON blockchain. The foundation has outlined plans to integrate TON-based USDT into at least a hundred exchanges and payment processors in both established and emerging markets in the coming months.
Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.
Today's crypto prices saw a trading session primarily in the red territory, with Ethereum (ETH), Solana (SOL), and XRP experiencing waning price trajectories. However, Bitcoin (BTC) maintained its break above the $71K mark, whereas Toncoin (TON) emerged among the day's top gainers.
The TON blockchain has partnered with Tether to make USDT more widely available through over 100 integrations globally.
TON Foundation just announced that they are working together with Tether to integrate over 100 local partners. The initiative is aimed at penetrating many geographical regions to ensure USDt on TON is accessible to everyone.
TL;DR TON Foundation and Tether collaborate to boost global adoption of USDT on the TON blockchain, with over 100 local partners involved. The deployment of USDT on the TON blockchain through the Telegram Wallet in April has resulted in millions of transactions, marking a milestone in the expansion of the stablecoin.
TON has registered an exceptional performance this year, outpacing many popular cryptocurrencies.
Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.
The current market dynamics have been favouring the altcoins that have gained traction and attention, outperforming the popular ones like XRR or ADA. After being very close to the top 5, Cardano is now feared of getting expelled from the top 10.
Notcoin (NOT) skyrocketed over 320% in the past week, reaching a peak of $0.02896 on June 2.
