Toncoin (TON), the native token of The Open Network emerged as the biggest gaining crypto among the top 100 digital assets in the last 24 hours. However, TON’s ongoing price jump has helped it to enter the tally of the biggest 10 cryptos.
Toncoin gains 231% in 60 days
The global digital assets market recorded a marginal drop on Tuesday but not Toncoin. Its price skyrocketed by around 18% over the last day.
It is important to note that TON is riding on the high road as the coin price has gained around 139% in the last 30 days. Toncoin has already gained 231% over the last 60 days. It is trading at an average price of $6.85, at the press time. TON’s 24 hour trading volume is up by a massive 318% to stand at $870 million.
Toncoin is holding a market cap of $23.8 billion to become the 9th biggest crypto, at this time. It is riding high on the support of recent network advancements. This comes after its deep integration with the popular social messaging platform Telegram.
As reported, the TON Society on April 8 announced a big partnership with HumanCode. It will help them to introduce an innovative identity verification system. This tool will verify the user’s identity. However, the community has already allocated a reward pool of one million TON tokens (approx worth $7 million).
What’s behind this?
This comes in with Telegram’s integration of Toncoin payments. It was for its advertising platform to enable Toncoin transactions. The platform will facilitate ad purchases and introduce revenue sharing opportunities. However, this will be only for public channel creators with over 1000 subscribers.
Toncoin price surge has come in when the global crypto market printed red indexes. Bitcoin (BTC) price recorded a drop of more than 2% in the last 24 hours. BTC on Monday went on to hit the $72,000 price mark after a major price correction. It is trading at an average price of $70,715, at the press time. The biggest crypto’s 24 hour trading volume is up by 3% to stand at $33.8 billion.
The meme coin category saw a major decline of almost 2% over the last 24 hours to stand at $63.16 billion. Its 24 hour trading volume is up by 19% to stand around $6.4 billion. Dogecoin’s price dropped by more than 5% over the past day.
Toncoin (TON), the native token of The Open Network emerged as the biggest gaining crypto among the top 100 digital assets in the last 24 hours. However, TON’s ongoing price jump has helped it to enter the tally of the biggest 10 cryptos. Toncoin gains 231% in 60 days The global digital assets market recorded […] Read MoreNews, Bitcoin, Crypto, SEC
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