Toncoin (TON) Flips Shiba Inu as Bearish Reset Returns
Toncoin finally edges out second largest meme coin SHIB as market consolidation grows
Despite a 14.31% decline in the last 30 days, Toncoin (TON) has flipped dog-themed Shiba Inu (SHIB) in market capitalization ranking. $TON achieved this amid the bearish outlook in the ecosystem. Notably, TON has not been able to reclaim $3.50 in the past month.
Toncoin climbs despite 14% monthly decline According to CoinMarketCap data, TON has experienced price volatility with deeper lows testing the $3.10 support levels. However, the asset has managed to flip SHIB, battling fluctuations and other ecosystem issues. As of press time, TON's total market cap is $7.9 billion, which is $130 million more than SHIB's. Shiba Inu’s market has decreased by 2.07% to $7.77 billion within the last 24 hours.
$TON slipped from $3.32 in late April as key metrics, including trading volume, declined. After a recent dump by market participants, the asset appears to have entered a consolidation phase. However, if volume picks up and the ecosystem sustains the momentum, TON might likely see a bullish breakout. Additionally, TON must climb to $3.35 to signal a major breakout opportunity. Investors are watching the price outlook as a dip below the crucial $3.10 support could see TON plunge to $2.85.
If TON records a bullish breakout and reclaims $3.50, its market cap could soar to $8.68 billion. This would see it flip the 14th-ranked Stellar (XLM), which currently has a market cap of $8.36 billion.
Shiba Inu records market reversal and volume drop
$SHIB declined from $0.00001343 to $0.00001316 in the last 24 hours as a bearish reset took over the ecosystem. Investor trading outlook also recorded a pullback, resulting in a 27.62% decline in trading volume to $119.94 million.
This marks a reversal from the recent upsurge when over 13 billion SHIB tokens stunned crypto exchanges. The price outlook caused the reversal, with analysts watching for new breakout signals.
Apple recently made drastic alterations in App Store policies, with a major impact on cryptocurrency and NFT apps. The moves come after a U.S. federal court ruled that Apple was in breach of a 2021 antitrust practice-related injunction. Major Alterations in Apple's App Store Policies: • External Payment Links: Developers may now add buttons or links in their iOS apps pointing to external sites for buying things, such as those with cryptocurrencies. The update enables the purchase to happen outside Apple's in-app purchasing mechanism, which previously charged a 30% fee. • NFT Transactions: Apps are now allowed to enable buying and selling of NFTs on secondary markets within the app itself, as long as they follow other App Store Review Guidelines. This move makes it easier for users to conduct NFT transactions on iOS devices. • Repeal of "Apple Tax": The court judgment bars Apple from charging fees on purchases made outside its iOS apps. This judgment effectively puts an end to the so-called "Apple Tax," enabling developers to keep the entire revenue from off-platform transactions. Implications on Developers and Users: These changes to policies have been projected to greatly influence the crypto space: • For Developers: Having the choice of directing customers to other modes of payment outside their application while avoiding extra cost helps expand means of making money and minimizes operation expenses. • For Users: Adding NFT platforms and exterior forms of payments in apps contributes to increased usage of applications with better and lower-cost transaction operations. These changes represent a huge turnaround in the way Apple is thinking about digital assets and can lead to further innovation and adoption throughout the crypto space. #AppleCryptoUpdate
As the Crypto market becomes increasingly INTENSE this year, the MM (market maker) team is pushing prices harder (completely different from 2021)
Since December 2024 until now, most accounts have been divided significantly, some have halved, while others have been divided by 5 or 10.
There have been periods, such as on February 3, 2025, and April 7, 2025, when THE WHOLE MARKET was strongly Dumped, causing everyone to fall into a state of FEAR - PEAK FEAR. At this time, almost all members sold their holdings, panic selling,...
For example, on April 7, 2025: When everyone was SCARED, the Crypto God boldly called for the group to buy the dip of ETH at the price of 144xxx (after which ETH short-term recovered to over 1k8xx)
Terminology: Sell in May and buy back in November makes everyone PANIC, SCREWED
With 10 years of experience in this market, the Crypto God predicts => Btc.D will soon drop sharply, and we will have a true Altcoin season from May to August 2025.
The adjustments of Btc are opportunities to accumulate for everyone. $ETH - $FIL are 2 Safe coins, very worthy for everyone to buy and HOLD.
Discipline - Patience => Everyone will be WEALTHY.
Tonight's 9 PM live broadcast has no specific theme, and cryptocurrency friends can chat casually.
We may discuss the reasons behind this rise, Trump the loudmouth, recent international capital flows, movements in the US stock market, the rules for launching altcoins, trading insights, seeking alpha, international gossip, and more.
I will share Ziqi's methods during the live broadcast. I gradually realized that Ziqi's contracts making millions have an element of luck, but the confirmation of knowledge and feeling, techniques, and coin selection are indeed not just luck. He has been sending me trades privately.
If anyone has questions or topics they want to discuss, feel free to leave a message in the comment section.
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Binance will then list STO at 2025-05-02 16:00 (UTC) and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs. The seed tag will be applied to STO. Users can start depositing STO in preparation for trading in 2 hours.
+ Average hourly earnings month-over-month: 0.2% (Forecast = 0.3%, last month = 0.3%)
+ The US economy added 177,000 jobs in April, exceeding expectations of 138,000.
+ The unemployment rate remained steady and matched the forecast at 4.2%.
==> The US labor market continues to maintain stability despite various macro pressures.
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In addition, Binance announced the 17th project on Binance HODLer Airdrops - StakeStone (STO)
+ StakeStone ($STO) listed on Binance through HODLer Airdrops
+ Listing time: 23:00 02/05/2025 (Vietnam time)
Information about $STO: - Total supply: 1,000,000,000 - Airdrop rewards for HODLers: 15,000,000 (1.5% of total supply) - Circulating supply at Binance listing: 225,333,333 STO (22.53% of total supply)
Users who staked BNB in Simple Earn or On-Chain Yields from 07:00 27/04 - 06:59 30/04 will receive $STO airdrop from Binance. (Crypto God of Wealth)
+ You may have won many trades, winning 8-9-10 trades, but just losing 1-2 trades can wipe out all the principal and profits that you have worked hard to earn for a long time.
BELOW ARE SOME EXPERIENCES TO SHARE WITH YOU.
+ Try to find a good entry point before placing an order, be disciplined and don’t rush.
+ There will be times when the market is extremely difficult to trade, whether long or short, you will incur losses. At this time, take a break, don’t be frustrated and enter trades as the likelihood of losing is very high.
+ Never F.O.M.O chasing after opportunities; there are many chances and trades available, if you miss this trade, there will be another. ==> As long as you have money, you have opportunities; when you run out of MONEY, you run out of opportunities.
+ Learn to manage your capital; when entering a trade, always consider the volume. Don’t be GREEDY thinking you can make 1-2% quickly and then run away; this approach is wrong, there will be days when the market hits you without you being able to escape...
+ If you hit stop-loss on 2 trades in a day, don’t enter any more trades, take a break for 1-2 days (I usually set my stop-loss at 3%-5%). ==> Only trade again when your mindset is relaxed.
+ And the final point, when we play FUTURE LONG/SHORT, we MUST BE DISCIPLINED with stop-loss settings, we cannot let it drift.
A few shared thoughts so we can all EARN MONEY from this market.
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