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The token's position may be up for grabs as it shows no sign of fighting

Toncoin (TON) and Dogwifhat (WIF) are in the spotlight, having emerged as the best-performing altcoins since the start of the year ahead of other performing altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB).

Bitcoin is finding it difficult to sustain the relief rally, which could put pressure on several altcoins in the near term.

Crypto Price Prediction: On Monday, the cryptocurrency market witnessed and eased from selling possible due to the development in the Asia-Pacific financial markets. Reports confirm that key investment firms, including China Asset Management, Bosera Capital, and HashKey Capital, have successfully obtained the green light from the Hong Kong Securities and Futures Commission to launch Bitcoin

TON continues to rise despite the market crash, flipping DOGE and becoming the eighth-largest crypto.

The Telegram social media platform is fast transforming into a web3 hub through The Open Network (TON). After dethroning Cardano (ADA) from the top ten most valuable digital assets, Toncoin (TON) has now outshined Dogecoin (DOGE), the leading meme coin by market share and daily average trading volume.

In a dramatic twist, Toncoin (TON) has pushed Dogecoin (DOGE) to the sidelines to become the eighth largest cryptocurrency by market capitalization.

Despite the broader market turbulence, Toncoin's native cryptocurrency TON bounced back quickly gaining 18% and hitting a new all-time high of $7.0. Amid this recent bounce back, Toncoin is now the eighth largest cryptocurrency by market cap surpassing Dogecoin (DOGE) with its market cap now over $24 billion.

Unraveling the Market Turmoil: Key Catalysts and Triggers The recent downturn in the cryptocurrency market can be attributed to a confluence of factors, each contributing to the heightened volatility and uncertainty. Among the primary catalysts is the broader macroeconomic landscape, characterized by geopolitical tensions and economic uncertainty.

While many cryptocurrencies experienced a downturn, AMBCrypto looks at others with gains.

Bitcoin finds support slightly above $60,000, possibly giving altcoins the green light to move higher in the short term.

The cryptocurrency market, alongside other risk assets, has experienced a short-term sell-off amid escalating geopolitical tensions in the Middle East. Indeed, this situation has interrupted the recent bullish momentum.

Bitcoin's correction deepened as BTC price fell to $65,000, and altcoins were hit with double-digit losses.

As the Bitcoin Halving approaches closer, the crypto industry continues to display a mixed sentiment, indicating increased price volatility in the cryptocurrency market. Moreover, top altcoins constantly display a neutral trend, highlighting an increase in the number of HODLers in the crypto space.

Toncoin (TON), the open source blockchain built on Telegram, is rapidly gaining ground and approaching the market capitalization of the leading memecoin, Dogecoin (DOGE).

Toncoin (TON) has surged into the top 10 cryptocurrencies by market capitalization, overtaking Cardano (ADA)

Uniswap's native token has dropped the most in the past 24 hours.

Bitcoin is witnessing a tough battle between the bulls and the bears near the $69,000 level with buyers holding a slight edge.

Telegram-linked crypto token Toncoin (TON) recently climbed above Cardano (ADA) to become the ninth-largest crypto token by market cap. TON's explosive move and sustained bullish momentum have raised the possibility that it could soon flip Dogecoin (DOGE), which currently occupies the eighth position.

With positive Bitcoin price predictions and the emergence of an altcoin season, investors are seeking altcoins to watch.

After a strong rally over the past week, crypto market analysts believe that Toncoin could enter a consolidation phase between $6.50 and $6.75.

Toncoin (TON), the cryptocurrency associated with the popular messaging app Telegram, has achieved a significant milestone. On April 9, 2024, TON set a new all-time high (ATH) of $7.11.

As demand for the altcoin pours in, TON's value has risen by over 35% in the last seven days.

Toncoin has recently reached a new milestone, with its price soaring to an all-time high of $7.08. This surge has captured the cryptocurrency community's attention and resulted in Toncoin entering the top 10 cryptocurrencies by market capitalization.