🗞️Why is Toncoin (TON) rising today despite the overall crypto market downturn?
📰💠Summary:
Toncoin (TON) has seen a significant price increase today, even as the broader crypto market experiences a correction. TON is strongly recovering from a sharp decline earlier this year, which was triggered by the detention of Pavel Durov. Recent positive developments are fueling the rally, including a $9.5 million Series A fundraising round by STON.fi, a leading DEX on the TON network, and the creation of a $400 million institutional treasury by the TON Foundation. On-chain activity has also surged notably, with new wallet addresses increasing by 36.68% and active addresses rising by 51.48% over the past week.
Source: CoinGape
$TON $NOT $DOGS #ProjectCrypto
📰💠Summary:
Toncoin (TON) has seen a significant price increase today, even as the broader crypto market experiences a correction. TON is strongly recovering from a sharp decline earlier this year, which was triggered by the detention of Pavel Durov. Recent positive developments are fueling the rally, including a $9.5 million Series A fundraising round by STON.fi, a leading DEX on the TON network, and the creation of a $400 million institutional treasury by the TON Foundation. On-chain activity has also surged notably, with new wallet addresses increasing by 36.68% and active addresses rising by 51.48% over the past week.
Source: CoinGape
$TON $NOT $DOGS #ProjectCrypto
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