How much to invest in Toncoin (TON) to become a millionaire in the next bull market

Toncoin has become one of the most talked about altcoins in recent weeks as it has demonstrated impressive price performance amid a falling market. Currently, TON is trading 60.01% below its all-time high reached on November 12, 2021. A large-scale market crash often causes newcomers to panic and hastily sell off their assets. However, experienced traders regard such events as an opportunity to form a reliable medium- or long-term portfolio and purchase the coins they are interested in at a discount.

Prospects for Toncoin

Some market participants believe that TON has a chance to show tremendous growth and reach $100 and above. While this possibility cannot be ruled out, we will still rely on historical data and assume that Toncoin will at least return to the $5.29 high.

Target amount: $1 million

Expected future price – all-time high $5.29

Thus, to see a round sum of $1 million in your account, you need to purchase 188,976 TON. At the current price of $2.13, the coins would be worth approximately $402,825.