TON Price Rally Ahead? Key Levels As USDT Issuance On TON Chain Hits $1B

TON, a fast-rising cryptocurrency powered by blockchains, has caught everyone’s attention after its USDT issuance on the blockchain TON crossed the $1B mark. This milestone has created excitement about a potential price rally for TON.

This article will discuss the implications of these events for the TON crypto market and the opportunities for holders to buy TONCOIN. Whether you’re a newbie or a seasoned crypto enthusiast, we’ll break down what’s next for TON and how it may perform.

Minotaurus ($MTAUR): A High-Potential Addition for TON Portfolios

A growing number of holders are looking to buy TON crypto, driven by the strong performance of the network. We’ll break down its appeal further down the line. Before we turn to the more volatile, non-presale options, we’d like to look at other emerging prospects that might match or exceed the potential of TON. One such project is Minotaurus ($MTAUR), a fresh presale. Entering the casual gaming space, valued at $14.78 billion and expanding annually by 9% (Statista), this project seems set for a huge value explosion.

Currently, it offers $MTAUR tokens for $0.00005953 per coin. The price is set to reach $0.00020 post-listing, hence today’s buyers might save around 70%. Based on the current pricing, you might get ~236% after the listing. Within the ecosystem, the $MTAUR token has actual worth. Players may swap it for in-game currency to receive benefits such as goods, boosters, and power-ups, thereby gaining an advantage. Additionally in place to encourage $MTAUR holders further are vesting and referral incentives.

MTAUR USDT Stage 8MTAUR USDT Stage 8
MTAUR USDT Stage 8

Crypto Market Watch: TON Coin Price Rally as TON Chain USDT Issuance Tops $1B

As the blockchain expands, the price of TON Coin has become a focal point for holders. At the moment, TON is available at $5.53, with a 24-hour high of $5.59 and a low of $5.42. The TON Coin crypto market shows promising trends, with the recent USDT issuance milestone adding momentum to the potential rally.

Toncoin Chart 18th September 2024Toncoin Chart 18th September 2024
Toncoin Chart 18th September 2024

In addition to the value movement, the number of active addresses on TON’s blockchain has seen substantial growth. As of September 7, 2024, TON recorded a peak of 3.9 million active addresses and 2.24 million new addresses, a significant milestone that further highlights the network’s increasing popularity. This surge in activity has led to more transactions, with TON daily transactions reaching an all-time high of 11.27 million on the same day, demonstrating the growing demand for TON in the crypto market.

TON Crypto MarketTON Crypto Market
TON Crypto Market

There is increasing confidence, with market activity reflecting strong interest in TON blockchain price movements. As demand grows, the outlook for TON Coin becomes more positive, in line with projections for several other high-promise coins. For example – Cardano (ADA) and Ripple (XRP).

TON Cryptocurrency on the Rise: Key Price Levels for TON Coin Amid Market Rally

The altcoin continues to outperform expectations, with its price sitting comfortably above $5.50. If TON surpasses the $5.80 resistance level, we may see a significant price rally. Data shows that TON has experienced a 24-hour price change of 0.57%, reinforcing confidence that a rally could push TON’s price even higher.

Toncoin Tether 18th September 2024Toncoin Tether 18th September 2024
Toncoin Tether 18th September 2024

As the number of active addresses keeps growing—it recently reached 64.49 million—and more transactions are happening on the network, TON is really making a name for itself as a big player in the cryptocurrency space. Experts are advising investors to keep a close eye on TON Coin as it approaches critical levels.

Will TON Coin Surge? Crypto Analysts Predict Price Rally as USDT Issuance Exceeds $1B

With crypto TON price currently trending upward, many crypto analysts are optimistic about the coin’s future. As TON blockchain activity grows and more liquidity enters the ecosystem, holders are anticipating a TON price rally. Some experts believe that the coin may even surpass $6 in the near future, particularly as TON gets more visibility in the cryptocurrency market.

Toncoin Tether OKXToncoin Tether OKX
Toncoin Tether OKX

For those looking to buy crypto TON, now may be an opportune moment, as the price looks set for continued growth. The rally could be driven by increased USDT circulation and ongoing network developments. With predictions of further price surges, now is the time to consider TON before the market fully responds to these developments.

Conclusion:

The recent $1B USDT issuance on TON’s blockchain has undoubtedly set the stage for a potential price rally. As more liquidity flows into the TON ecosystem,the rally may just be the beginning. For those interested in buying TON, the current price levels provide a promising entry point. The same is truth about Minotaurus ($MTAUR), the presale that is set to thrive in the booming casual gaming niche.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Source: https://thecryptobasic.com/2024/09/18/ton-price-rally-ahead-key-levels-as-usdt-issuance-on-ton-chain-hits-1b/?utm_source=rss&utm_medium=rss&utm_campaign=ton-price-rally-ahead-key-levels-as-usdt-issuance-on-ton-chain-hits-1b