$GRAM Bearish, see 1.39 and target 1.34.
Toncoin changed back to GRAM and also launched new code, but as a result it fell 12% in a week. TVL has not recovered, and the moving averages have been putting pressure on it.
A name change is just surface-level work; TVL is the key. If TVL shows no improvement, there is not much to expect from a rebound. If it breaks below 1.34, don’t buy yet.
Bearish reasons: the positive news has already been priced in, and TVL still hasn’t warmed up.
Toncoin changed back to GRAM and also launched new code, but as a result it fell 12% in a week. TVL has not recovered, and the moving averages have been putting pressure on it.
A name change is just surface-level work; TVL is the key. If TVL shows no improvement, there is not much to expect from a rebound. If it breaks below 1.34, don’t buy yet.
Bearish reasons: the positive news has already been priced in, and TVL still hasn’t warmed up.