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The live price of the TON token is $ 5.40689544Toncoin price could hit a high of $10.20 by the end of 2024.With a potential surge, the TON price may record a high of $46.77 during 2030.
Launched in 2018, this Layer-1, Ethereum-based altcoin plays a vital role in the crypto space. Toncoin gained significant attention from investors after the investment of Pantera Capital, a leading hedge fund and venture capital located in the USA.
The Toncoin has jumped approximately 130% this year alone, resulting in it securing a spot in the top 10 cryptocurrencies by market cap. However, with the arrest of Pavel Durov, CEO of Telegram, the TON price has taken a significant hit.
This has made investors curious about its roadmap of achieving $10! Are you one of them? Fear not and dive in as we explore the feasible Toncoin price prediction from the year 2024 up till 2030.
Toncoin Overview
TON Price Prediction September 2024
Amid the increased bearish trend in the TON price, the ongoing pullback has pulled its value toward its important support level. Currently, the TON price trades at $5.371 with an intraday drop of 5.73%.
If the Toncoin price plunges below $5.155, it could retest its low of $4.035. On the upside, if the broader market recovers, the TON price could pump to $7.680.
Toncoin Price Forecast Q4 2024
Suppose, the bulls push the TON price above its resistance of $7.680, this could result in it testing its upper level of $8.80. Maintaining the price at that level will set the stage for Toncoin to test its high of $10.However, a bearish action could pull the price toward its low of $4.12.
Toncoin (TON) Price Prediction 2024
If this Ethereum-based project releases significant updates or announces collaborations like Pantera Capital, the TON price could reach a high of $10.20 this year.
Conversely, stricter regulations/bearish action could lead this L1 altcoin to plunge toward its low of $4.12. With this, the average price of this Layer-1 altcoin could land at $6.16.
Toncoin Price Prediction 2025
With a prediction of a bullish year, the TON price could experience increased adoption. This could result in the Toncoin recording a new ATH of $16.65.
Conversely, if a bearish reversal occurs, the TON coin price could plunge to $7.26. With this, the average trading price of this altcoin could land at $12.95.
TON Price Prediction 2026 – 2030
Toncoin (TON) Price Prediction 2026
According to forecast prices and technical analysis, TON’s price is projected to reach a minimum of $13.59 in 2026. The maximum price could hit $22.08, with an average trading price of around $17.83.
TON Price Target 2027
Looking forward to 2027, Toncoin’s price is expected to reach a low of $17.55, with a high of $28.84, and an average forecast price of $23.19.
Toncoin Crypto Price Prediction 2028
In 2028, the price of a single TON is anticipated to reach a minimum of $24.69, with a maximum of $34.19 and an average price of $29.44.
Toncoin Price Projection 2029
By 2029, TON’s price is predicted to reach a minimum of $30.21, with the potential to hit a maximum of $40.63, and an average of $35.42.
TON Price Prediction 2030
In 2030, Toncoin is predicted to touch its lowest price at $35.99, hitting a high of $46.77 and an average price of $41.38.
Market Analysis
CoinPedia’s Toncoin (TON) Price Prediction
The altcoin has been constantly trading under a bullish influence and displayed positive action in both smaller and bigger time frames.
According to CoinPedia’s formulated Toncoin (TON) Price Prediction, if the market gains momentum, the TON token could conclude the year at $10.20.
However, with a bearish trend, the Toncoin price may hit a low of $4.12. This could result in the average price concluding the year at around $6.16.
Also Check Out: Ripple (XRP) Price Prediction 2024 – 2025: Buying XRP Before $1, Is It Worth The Risk?
Toncoin Historic Market Sentiments
Originally developed by Telegram as “Telegram Open Network” in 2018. The project was later taken over by TON Foundation and rebranded as “The Open Network”. In 2021, the project rebranded itself again to Everscale.
“TON” the native token of the project recorded an All-time Low (ATL) on 20th September 2021. The course ahead for the altcoin was fairly bullish. Such that, it recorded an All-time High (ATH) of $8.24 on 15th June 2024.
FAQs
Yes, with the upcoming bull run for the Layer-1 projects, this #10th position altcoin is expected to outperform major cryptocurrencies during the coming time.
If the crypto market continues to trade under a bullish sentiment, the Toncoin price may reach a high of $10.20 by the year-end.
No, the TON token price is not listed on Binance for any trade and service.
The Toncoin (TON) price may reach a high of $16.65 by the end of the year 2025.
Toncoin mining is now over, TON tokens were placed in a special Giver smart contract, allowing anyone to participate in the mining till 28th June 2022.
With a constant rise in the adoption and applications of cryptocurrencies, the Toncoin price may record a maximum of $46.77 and a minimum of $35.99 in 2030.
At the time of writing, the price of 1 TON price was $5.371.
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