$$How High Can Toncoin (TON) Go?

Toncoin (TON) has had an impressive year, breaking into the top 10 projects by market capitalization. The asset recently reached a new all-time high of $7.76, showing gains of 11.8% on the daily chart, 15.6% on the weekly chart, 19.8% on the 14-day chart, and 27.6% over the past month.

This rally could be attributed to a positive shift in broader crypto market sentiment, driven by renewed expectations of an interest rate cut in November 2024 and declining inflation figures in the US, along with a weaker job market.

Bitcoin (BTC) has also surged, reclaiming the $71,000 mark with a 3% increase in the past 24 hours. The global cryptocurrency market capitalization has grown by 2.7%, reaching $2.77 trillion.

Future Predictions for Toncoin (TON)

According to CoinCodex, TON is expected to continue its upward trajectory throughout the month. The platform predicts that TON will reach $20.61 by June 30, 2024, a growth of approximately 173.34% from current levels. CoinCodex also forecasts that TON will surpass the $24 mark by early July.

Changelly also predicts an increase in TON's price in the coming days, anticipating it will reach #TONCOİN #TONCOIN/USDT #TonRaffles $BTC