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Toncoin (TON) Rallies 32%: New All-Time High Predicted

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The crypto market could be entering another bullish phase. Bitcoin (BTC) is hovering just below $84,000 after its recent descent to the $77,000 level. The global crypto market cap has risen 0.1% in the last 24 hours to $2.86 trillion. Toncoin (TON) follows the market recovery as well. TON’s price has rallied 2% in the daily charts, 32.8% in the weekly charts, and 17.1% in the 14-day charts. Despite the rally, TON is down 6% over the previous month and 3.2% since March 2024. Source: CoinGecko Also Read: Ripple: How Much XRP Should You Hold For Life-Changing Returns? Toncoin Outperforms Larger Market Source: Bitcoinist TON is currently the best-performing cryptocurrency among the top 100 projects in the weekly charts. The asset’s latest surge is likely due to Telegram founder Pavel Durov being allowed to leave France for Dubai. Durov was arrested in August last year for allegations of failure to moderate the Telegram platform. The market-wide rally could be due to investors ex...