Will USDT Popularity on TON Boost Toncoin Price for $8 Breakout?

Quick Summary:

However, with increasing USDT transactions on the TON network and bullish reversal, the altcoin price is preparing for an $8 breakout.

Toncoin price showed a modest 0.2% loss on Wednesday’s U.S.trading session, trading at $5.2.

The slight downtick forms a neutral candle in the daily chart, continuing the consolidation trend intact since early October.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Price Analysis TON Toncoin (TON)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 17:09:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23091599

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 34 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions