Toncoin surpassed DOGE coin! It is important to know how to use it…
Toncoin, which reached an all-time high with its decline last week, rose to the 8th place in terms of market volume, leaving behind the DOGE meme token. The altcoin, which has risen rapidly by gaining 6 percent in value in the last 24 hours, has reached another important milestone with a market value of 25 billion dollars. This is a clear strategy, although it is thought that the chain is connected to the chain and the technology is informed and the support peaks, it has been a significant factor in the depreciation of the Doge coin.
The rise of dogecoin assets
It turned out that the main reason behind the rise of Toncoin was the decrease in DOGE’s market volume. Popular meme coin DOGE experienced a high-volume decline, losing nearly $6 billion in capital in as many days.
Leader meme coin loss “Dogebaba” Elon Musk, known as Tesla, is thought to lay off 15,000 employees. Because it is known that Musk’s company Tesla and SpaceX hold $1 million worth of BTC and DOGE in their accounts. Speculative effects following job news indicate a brief depreciation.
In addition to the depletion of Doge coin, Ton coin’s relationship with Telegram had an acceleration effect on its price. Community development also played a role in the price of the asset, which gained significant momentum with network innovations.
Toncoin price view
Seen in an ascending channel pattern, Toncoin exhibited critical growth after breaking through the 6 product support, which is a key trend line. Despite the overall decline in crypto, there has been an 800 million explosion in market volume in the last few days. However, during the downward change in the MACD indicator on the Toncoin chart, the RSI is positioned above 55, signaling a short, long and medium permanent rise.
TON technical chart /RSI
While TON, which is a strong buying zone, is supported by strong buying transactions, it is thought that the altcoin can reach 10 if the 7.50 resistance line is exceeded. Toncoin’s 24-year price is $6.77 and its value is 33 minutes. Toncoin’s potential to rise during market declines creates excitement for XRP.
The loss of value of Dogecoin, along with the major altcoins of the crypto market, triggers new DOGE alternatives to come to the market. One of these, Dogeverse 6, is the only meme coin traded on the blockchain and allows investors to make transactions with a fast and wide network capacity.
Visit Dogeverse
The Dogeverse project, which provides the opportunity to earn passive rewards, has high staking rewards. With $0.000295 you can buy a lot of money and have a lot of information about the Dogeverse.
The information in the article is for informational purposes only. It does not constitute any investment advice. Neither your author nor cryptoparahaber.com is responsible for any profit or loss you derive from your investments. Ultimately, investment is based on a strong foundation such as knowledge, experience, research and personal decisions.
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