🚀 Toncoin Surges 342% in 2024, Analysts Eye $20 Target
After its revival, Toncoin, the decentralized storage services blockchain project, has seen impressive growth in 2024. From a low of $1.87 at the beginning of the year, the TON network’s native crypto, TON, rallied to an all-time high (ATH) of $8.28, marking a 342% gain.
TON’s rally stands out as one of the most significant cryptocurrency rallies this year and propelled the crypto token among the top 10 ranked cryptocurrencies by market capitalization, according to data from CoinmarketCap.
Currently sitting at $7.19 after weathering the recent crypto market collapse relatively unscathed, the crypto community is increasingly bullish on TON. Many analysts project the altcoin could hit the $20 mark before the end of 2024.
In an earlier post on Coin Edition, it was highlighted how the TON Foundation took over and rebranded the project, renaming it from “Telegram Open Network” to “The Open Network” following the departure of the Telegram founder.
Notably, TON’s recent rise has been fueled by significant bullish momentum, as the crypto token experienced minimal pullbacks despite the crypto market’s ups and downs in 2024. TON’s most significant pullback came after the April rally, when the revived altcoin dropped from $7.67 to $4.60 in three weeks.
This 40% pullback in April found resistance at the 0.5 Fibonacci retracement level, triggering a bullish run that pushed the price to the current $8.28 ATH.
TON traded for $7.20 at the time of writing, with a market capitalization of $18.08 billion. Many network contributors currently support TON, with the Switzerland-based TON Foundation at the helm. Toncoin allows instant payment alongside decentralized storage and a domain name system (DNS).
Analysis: IO/USDT has seen a positive movement of 3.28%, currently trading at $2.799, with a high of $2.799 and a low of $2.686 in the last 24 hours. The market indicates potential bullish momentum across various time frames.
Trading Strategy: - Buy Signal: Consider entering if IO breaks above $2.910 decisively. - Sell Signal: Monitor closely if the price fails to hold above $2.897 for potential profit-taking opportunities.
Whales use these 5 prompts to trade every day. A 🧵 about secret PROMPTS to find insider coin:
2/ Trading meme's can dramatically change your life for better or for worse. The side of changing your life depends entirely on you, your experience, trading strategy, beliefs and using the right tools. @ChatGPTapp, is one such tool. 3/ Artificial intelligence has made huge strides not only in the technical process, but also in its application in crypto. The new GPT4.o feature from @ChatGPTapp allows you to create your own personal strategy using artificial intelligence. Let's break down how to do it... 4/ It's actually easier than it sounds. Ask ChatGPT to write Python code using two conditions: - Find some number of tokens that have risen significantly recently. - Create a table of "Top Traders" who have more than 10,000% profit. * Take all information from @dexscreener
5/ Now we have a list of wallets we can follow, "Top Traders". Let's write a code to automatically notify you when one of the "Top Traders" wallets buys a coin. * Write the terms consistently, ask that after the purchase the bot sends you the coin contract.
6/ Great, we have an insider coin purchase, we need to make sure it's safe. Ask ChatGPT to write code to verify the contract via @Rugcheckxyz
7/ Then, ask ChatGPT to compile all the written code into one single code to create a trading bot. Ask him to test it and also to write instructions for launching the bot.
THAT'S IT FOR TODAY...
I hope you've found this thread helpful. Follow me @Crypto PM for more.
SAYA AKAN BOCORKAN CARA INSTITUSI TRADE BEKERJA, KUNCI ADALAH 1. MEMPUNYAI BANYAK PELURU 2. KOREKSI ADALAH DISKON 3. MEMBAYAR KOMUNITAS UNTUK MENYEBAR KETAKUTAN 4. KETIKA SEMUA PEDAGANG KECIL KELUAR, MEREKA MASUK PERLAHAN