Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
TON
Toncoin’s Latest Milestone Is Good News, But Not for TON Price
Telegram-based project Toncoin (TON) has emerged as one of the breakout blockchains of this cycle. This success is driven not only by the token’s price performance but also by the significant level of adoption it has achieved. However, despite Toncoin’s many achievements, the blockchain faces challenges that could impact its price. A Double-Edged Sword Appears on Toncoin One area where the project has excelled is active wallets. According to TON Stat, the number of monthly active wallets has surpassed four…
10 months ago
Toncoin Rally Above 4-Hour 100-Day SMA Puts TON On The Path To $7.6
Toncoin (TON) has gained significant upward momentum, recently breaking above the 100-day Simple Moving Average (SMA) on the 4-hour chart. This bullish move signals strong buying interest that could potentially put the crypto asset on the path to the $7.6 resistance level. The breakout above this key technical indicator suggests that the bulls are in control, setting the stage for a continued rally. This article analyzes Toncoin’s recent breakout above the 100-day SMA on the 4-hour chart, assesses market sentiment, and evaluates the…
10 months ago
TON, RBLK and JASMY: Which of These 3 Altcoins Is More Likely To See Double Digit Gains In August?
The post TON, RBLK and JASMY: Which of These 3 Altcoins Is More Likely To See Double Digit Gains In August? appeared first on Coinpedia Fintech News Since meme coins are losing popularity in 2024, all the buzz is around altcoins right now. Toncoin (TON) and JasmyCoin (JASMY) might be promising huge gains to potential investors, but Rollblock (RBLK) has already delivered 100% gains to early investors. As the market begins to recover from its recent crash, analysts are asking…
10 months ago
Toncoin Soars 14.8% After Binance Listing, Is TON Poised For A Breakout?
Toncoin (TON), the native token of The Open Network, has been one of the best performers this cycle. The token registered a 200% surge in the last six months, flipping Dogecoin (DOGE) by market capitalization. As a result, the crypto exchange Binance announced the listing of TON on August 8, which propelled the price by over 10%. Toncoin Soars 14% After Binance Listing On Thursday, Binance, the largest crypto exchange by trading volume, announced it would list TON on the…
10 months ago
Altcoin special: Can $RENDER recover? Is the $TON rally finished?
Altcoins have been having their time in the sun. As Bitcoin (BTC) rallied 23% over the last three to four days, some of the altcoins also enjoyed big gains. Both $RENDER and $TON did very well recently, but both are facing their own particular challenges. $RENDER looked extinction in the eye One of the darlings of the last bull market, and arguably the same for the beginning of this one, $RENDER has since dumped extremely hard. Down 75% from its…
10 months ago
Crypto Price Analysis 8-8 BTC, ETH, SOL, TON, DOT, ADA, WIF
The recovery in the crypto markets has lost steam, with Bitcoin (BTC) and Ethereum (ETH) struggling to push above resistance levels, indicating that sellers are active at higher levels. Markets are expected to remain volatile in the face of continued economic uncertainties, although analysts believe the downside may be limited. Some analysts have also suggested that the dip in major cryptocurrencies presents an excellent buying opportunity for investors. Bitwise Chief Investment Officer Matt Hougan suggested investors ignore short-term volatility and…
10 months ago
MEET48 is about to Launch the First No-Click Idol Training & Management Game on TON, Coin Idols, Closely Integrated with its Idol Culture
Singapore, Singapore, August 8th, 2024, Chainwire On August 8, the metaverse virtual community MEET48, which is based on a diverse AI and Web3.0 UGC entertainment content ecosystem, announced that it will soon release Coin Idols, the first No-Click idle idol training and management game within the TON ecosystem. This game will be closely linked to MEET48's idol culture. MEET48 plans to allocate airdrops from its ecosystem incubation fund to Coin Idols users in the future, directing traffic to the MEET48…
10 months ago
What’s Next For Toncoin (TON) And Notcoin (NOT) As Bullish Sentiment Intensifies?
The post What’s Next For Toncoin (TON) And Notcoin (NOT) As Bullish Sentiment Intensifies? appeared first on Coinpedia Fintech News The crypto market continues displaying a mixed sentiment by constantly recording pump-and-dump-like situations over the past few days. Furthermore, top tokens continue trading below their important levels, suggesting uncertainty in future price action. On the other hand, with the altcoin leader, the Ethereum price hovering below its $2.5K mark, top altcoins have recorded a significant correction in their respective portfolios.…
10 months ago
Crypto Price Analysis 8-5 BTC, ETH, SOL, XRP, TON, DOT, TIA, PEPE
Bitcoin (BTC) has lost over 13% in the past 24 hours and almost 25% over the past week as markets turned bearish following a global stock market crash that also casts a shadow on the crypto markets. BTC tumbled from above $60,000, losing key support levels, and is currently trading around the $52,700 mark. The weekend selloff accelerated late Sunday evening, sending BTC plunging to levels not seen since February. ETH also saw a drastic fall, sending its value plummeting…
10 months ago