Toncoin Soars 14.8% After Binance Listing, Is TON Poised For A Breakout?

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Related Reading: Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken Toncoin Soars 14% After Binance Listing On Thursday, Binance, the largest crypto exchange by trading volume, announced it would list TON on the trading platform.

The trader suggested avoiding "chasing green candles, especially above key resistance levels.” Instead, he advised that investors monitor the token’s reaction as "it is an interesting area to do some business.” Similarly, Altcoin Sherpa warned investors about TON despite being bullish.

Related Reading: Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish Toncoin displayed one of the strongest performances this cycle so far, reaching its ATH of $8.25 two months ago.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: United Kingdom

Topics: The Open Network Toncoin Crypto Trader Sentiment Telegram Open Network Cryptocurrency Market News Crypto analsyt Bullish sentiment Binance listing Toncoin price Binance TON blockchain TONUSDT TON

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 06:00:11 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 76 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21995914

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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