🔶 TON/USDT Spot Analysis 🔶
🕒 1D Timeframe | 📈 Price: $3.35 (+2.53%)
TON (The Open Network) is slowly recovering its price. Recent trend shows that it bounced back from below $2.70 and returned to the $3.35 level. If the current bullish momentum can be maintained, the first resistance could reach $4.77 and then $4.98.
📘 Whitepaper Highlights:
TON is a high-performance blockchain platform invented and developed by Telegram. Its main goal is to provide scalable, fast, and secure data and transaction processing.
🔹 Proof-of-Stake consensus
🔹 Multi-chain architecture
🔹 On-chain sharding & dynamic routing
🔹 Smart contract support with TON VM
🤝 Partnerships:
✅ Telegram: One of the biggest strengths of the TON project is its deep integration with Telegram. Telegram has recently launched Wallet integration, which is pushing TON coin towards mass adoption.
✅ Renowned companies like Animoca Brands, DWF Labs are investing and collaborating in the TON ecosystem.
🌟 Strengths:
✔ Access to Telegram's 900M+ users
✔ Low transfer fees and fast transactions
✔ Suitable for building DeFi, NFT and Gaming ecosystems
✔ Token economics disciplined and low inflation rate
📊 Key Levels:
🔹 Support: $3.00 – $2.50
🔹 Resistance: $4.77 / $4.98
🔹 Major Resistance: $7.00+
📅 If this bullish trend can be maintained over time, then a bigger move can be expected in the coming months.
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