CandleFocus Upcoming Telegram Aidrops Could Help Toncoin (TON) Price Reclaim $7
2024-09-25
Author: Content Editor
The Telegram community is expecting several airdrops in October, which could drive demand for Toncoin (TON), the native token of The Open Network. On-chain data shows a significant increase in new and active addresses on TON, suggesting the ecosystem is gearing up for the event. Bitget Chief Analyst Ryan Lee predicts that Toncoin's price could see a notable increase, potentially reaching above $7 in an optimistic market. The current price of Toncoin is $5.70, with potential resistance at $6.50 and support at $4.88. If successful, Toncoin could rise to $7 and approach $8.
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