TONCOIN (TON) Price, Analysis, Predictions, and Calculator

According to TheTONReport, the profitability of Toncoin (TON) wallets has significantly decreased, with only 65% of wallets currently in profit compared to 90% just a week ago. This sharp decline indicates a notable shift in market dynamics, likely due to increased volatility affecting Toncoin's performance.

According to IT Tech, Toncoin has experienced a significant increase in daily active addresses, rising from 2.2 million in August to 3.8 million by late September. This surge indicates a growing user engagement and adoption, highlighting Toncoin's expanding influence in the blockchain space. Such growth could attract traders looking for promising investment opportunities in emerging ecosystems.

According to @lookonchain, a major liquidity provider for $TON has removed all their liquidity and sold 356,545 $TON, valued at $1.98 million, at a price of $5.57 per token within the past 4 hours. This could indicate a bearish sentiment or a strategic move by the holder.

According to @CoinbaseIntExch, Coinbase International Exchange and Coinbase Advanced will add support for Bittensor, Toncoin, and Tellor perpetual futures. The trading for TAO-PERP, TON-PERP, and TRB-PERP markets will commence on or after 9:30am UTC on July 25, 2024. This development is significant for traders looking to engage with these specific cryptocurrencies.

According to WuBlockchain, Binance has successfully integrated Tether (USDT) on the Toncoin Network. Deposits and withdrawals for USDT on this network are now available. Additionally, on April 19, Tether CEO Paolo and Telegram CEO Pavel will issue a joint statement at TOKEN2049 to announce the issuance of USDT on the TON network.