The live price of Toncoin (TON) is currently $3.158673. This is based on real-time data, and the price can fluctuate. TON is down -0.09% in the last 24 hours, with a current market cap of $7.79 billion according to Binance. Furthermore, CryptoRank data shows that the daily volume of Telegram gifts has seen a significant increase since the beginning of May, reaching $1.8 million two days ago. The majority of Telegram NFT volume came from the Tonnel and Fragment platforms.
Could TON Price Explode ?
Since its all-time high of around $8.25 on June 15, 2024, the TON price has been in correction mode. However, it has established a strong support level above $3.
According to crypto analyst Ali Martinez, the TON price is well positioned to experience at least a 47% increase if it breaks above the upper boundary in the coming days.