On June 14, 2024, the exchange rate of Toncoin (TON) soared to a record $8.15 before correcting slightly.
The cryptocurrency’s capitalization reached $19.5 billion, demonstrating an increase of more than 6% over the past 24 hours. The figure has increased by $4.4 billion since the beginning of June.
Analysts attribute the rise of Toncoin to several factors, the rapid development of the sector of Tap-to-Earn projects in the messenger Telegram and the expected launch of these projects on the basis of The Open Network.
Positive signals of the Chaykin Cash Flow (CMF) indicator, indicate the prevalence of buyer demand.
Recall that in May 2024, there were rumors about the possible listing of Toncoin on the crypto exchange Binance.
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