$TON 📈 TONCOIN: BULLISH MOMENTUM, SUSTAINABLE? 🚀
💰 Toncoin is trading at $3.16 (+3.69% in 24h, +2.42% in 1 week) with a market capitalization of $7.5B.
🔍 Key factors:
✅ Technical breakout at $3.20 with possible target $3.50–$4.72.
✅ Whales have accumulated 740M TON since 2021, indicating confidence.
✅ Possible xAI-Telegram agreement for $300M, although Musk has not confirmed it.
✅ Blockchain interruption (June 1) has been resolved.
📊 Market and volatility:
🔥 The top 100 addresses hold 68% of the supply.
⚡ Open interest in derivatives rises 4.28% ($230M), increasing speculation.
🔮 Conclusion:
Toncoin maintains strength with institutional support and an ecosystem in Telegram, but uncertainty regarding xAI and Bitcoin's volatility could affect its performance.
💬 Will TON consolidate its rally or correct? Comment and follow the action on Binance Square. 🚀🔗