Home Blockchain Algorithm Predicts Toncoin Price Uptrend, Blockchain.com Lists TON

Algorithm Predicts Toncoin Price Uptrend, Blockchain.com Lists TON

by Abigail Bautista

Toncoin (TON) has recently been listed on Blockchain.com, one of the leading block explorers and digital asset exchanges in the crypto industry. This listing will provide TON holders with greater access to fiat on-ramps and off-ramps in USD, GBP, and EUR, making it easier to buy and sell the token.

Blockchain.com, which was the first block explorer for Bitcoin formed in 2011, now supports multiple major chains and has a user base of 90 million wallet owners. By adding TON to its platform, Blockchain.com is enabling seamless trading for TON and offering a limited-time promotion where users can receive $5 of free tokens with any TON purchase worth $20 or more.

According to Toncoin, this collaboration is a significant step towards making crypto more accessible to over 800 million monthly active Telegram users. Toncoin has witnessed a significant increase in network activity and adoption, with more than 1000 new wallet sign-ups on a daily basis. The total number of active wallets on the TON blockchain has reached 814,488, and the project expects continuous growth in its user base.

One of the key drivers of Toncoin’s recent success has been its integration with Telegram, which has a massive user base and aims to capture 30% of its projected 1.5 billion total users within the next five years. This integration led to a 57% rally for the TON token in September, highlighting the potential for further growth as Telegram’s user base continues to expand.

The CoinCodex price prediction algorithm expects TON to continue on an upward trajectory. The algorithm forecasts a 34.22% increase in value over the next six months, reaching a price level of $2.73. This prediction would take TON above a key resistance level at $2.60 and potentially target its 2021 highs. The algorithm suggests that within the next year, TON could be trading above $3.

With the recent listing on Blockchain.com and the positive price prediction, Toncoin’s future looks promising. The network’s adoption rates are expected to continue growing, and the integration with Telegram provides a strong foundation for further expansion. As TON approaches a key resistance level, the CoinCodex algorithm predicts a breakthrough in the coming months.

In conclusion, Blockchain.com’s collaboration with Toncoin and the listing of TON on its platform make it easier for users to buy and sell the token. Toncoin’s rapid adoption rates, coupled with the positive price prediction, indicate a bright future for the project. As the network continues to grow, TON has the potential to reach new highs in the coming months and years.

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