Toncoin (TON) Surpasses Cardano (ADA) to Reach New All-Time High

Wednesday, 10 April 2024, 04:35
Toncoin (TON) has hit a new all-time high, surpassing Cardano (ADA) in market capitalization. The surge in TON's value is attributed to market dynamics and ecosystem developments, including a unique revenue-sharing system and backing from Mirana Ventures. Despite a recent price correction, TON continues to consolidate between $6.50 and $6.75 as traders monitor key levels for potential gains.
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Toncoin (TON) Surpasses Cardano (ADA) to Reach New All-Time High

Toncoin (TON) Achieves All-Time High

Toncoin (TON) hits a new all-time high, reaching $7.11, amidst a 35% price surge in the last week. However, it currently trades at $6.49 after a correction.

TON Flips Cardano (ADA)

TON surpasses Cardano (ADA) in market cap, securing the 10th spot with a capitalization of $22.43 billion. ADA now ranks 11th with $20.42 billion.

Market Dynamics and Developments

TON's growth is fueled by ecosystem developments like palm-scanning identity verification and a revenue-sharing system on Telegram. Mirana Ventures' backing also boosts its position in the market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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