Building on a strong November, Toncoin (TON) extended its bullish run this week. But the rally has faced significant resistance as investors turned to caution. As a result, Toncoin has witnessed a sharp decline in wallet profitability, with only 65% of addresses now in profit – a stark drop from the 90% peak recorded just […]
One thing that Telegram mini-games proved is that crypto adoption doesn’t necessarily start by pushing complex technologies and burdensome onboarding processes that considerably hinder user experience. With just a few mechanics and clear in-game economies and rewards, Telegram-based crypto games made headlines throughout 2024, creating a fuss on social media and contributing a large chunk […]
The Open Network (TON), a layer-1 blockchain linked to the social platform Telegram, has attained a new milestone in its history. According to data from a CryptoQuant analyst, the L1 blockchain reached 100 million unique wallet addresses with non-zero balances. This marks a 95% surge in active users since the start of the year, which […]
TL;DR Toncoin (TON) saw a sharp drop from its June high, currently trading 40% lower amid negative news, leaving nearly 80% of its investors at a loss. On-chain metrics suggest that the asset’s price may tumble even more in the near future. TON Investors Take a Blow Toncoin (TON) experienced a real bull run at […]
The TON blockchain processed over 46 million transactions last week, a significant surge fueled by the excitement surrounding the DOGS airdrop, according to the latest data shared by IntoTheBlock. This impressive activity highlighted the growing interest and engagement within the TON ecosystem, as users scrambled to participate in the airdrop, driving up transaction volumes to […]
High centralization can lead to increased influence by a few entities, potentially undermining the decentralized ethos that crypto strives to uphold. However, centralization continues to be a major bone of contention in space. As such, popular project tokens – Polygon (MATIC) and Shiba Inu (SHIB) – have emerged as the leading examples of high concentration […]
TL;DR Binance’s latest listing resulted in a 10% price rally for the involved asset. Depositing is already on, wheareas withdrawals will be available from August 9. However, the company cautions about potential high price volatility for newly listed tokens, advising users to conduct thorough research before entering the ecosystem. The Binance Effect The world’s largest […]
Toncoin (TON), the native token of The Open Network blockchain, has emerged as one of the most popular Layer 1 cryptocurrencies. Since the beginning of 2024, its price has outperformed Bitcoin by a staggering 118%, as per the latest analysis by CryptoQuant. The on-chain analytic company has now stated that while US traders appear to […]
Toncoin hit an all-time high of $6.50 on April 9, following a monumental 20% gain on the day, outperforming every other crypto asset in the top 50. The big move has enabled it to flip Cardano (ADA) and take the tenth spot with a market cap of $22.4 billion. Cardano, which is still languishing more […]