Crypto NewsSponsoredToncoin Rises Amid Crypto Slump – Is $6.85 the Next Target?

Toncoin Rises Amid Crypto Slump – Is $6.85 the Next Target?

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The crypto market has once again fallen victim to a correction, as most crypto price charts were red at press time. However, Toncoin [TON] had other plans, as it was among the handful of cryptos that managed to remain bullish.

Amidst this development, Pawfury (PAW) is emerging as a presale project that’s capturing the attention of savvy investors. With its promise of high returns and seemingly predictable patterns, Pawfury stands out in the volatile crypto landscape, offering a refreshing alternative to established tokens.

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Pawfury (PAW) is becoming the new golden star in the cryptocurrency market. This innovative coin stands out with its substantial benefits to its holders. Pawfury (PAW) demonstrates exceptional growth potential with robust community support and ongoing development efforts. Its strategic approach and advanced features make it a top contender for investors seeking high returns. As Pawfury (PAW) continues to shine, it promises to be a leading force in the ever-evolving crypto landscape.

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Structured Investment Rewards in Pawfury Pawfury’s presale offers structured rewards for early participants, ensuring fair token distribution. With multiple stages and rising prices, early investors gain the advantage of lower costs. This approach generates excitement and attracts capital, thereby boosting the project’s liquidity and market stability.

To celebrate its success, investors can now enjoy a 10% extra bonus on their first purchase on Pawfury using the promo code “EXTRA10X” for a limited time.

Presale is Live, Learn More About Major Benefits

Toncoin’s Recent Performance: Analyzing the 6% Surge

CoinMarketCap’s data revealed that top cryptos like Bitcoin [BTC] and Ethereum [ETH] were struggling to push their prices up. Meanwhile, TON behaved differently as its price hiked by more than 6% in the last 24 hours.

At the time of writing, Toncoin was trading at $6.70 with a market capitalization of over $16.8 billion, making it the 8th largest crypto.

Source: TradingView

It should be noted that Binance, one of the world’s largest exchanges, listed TON. This major development played a major role in turning TON bullish. However, the recent hike didn’t push many addresses into profit as IntoTheBlock’s data revealed that only 35% of investors were “in money.”

Source: IntoTheBlock

Notably, investors holding TON for more than 1 year have also been declining, suggesting that they were selling the coin for profit.Additionally, TON’s exchange outflows also spiked, further indicating a rise in buying pressure. However, after a sharp spike, Toncoin’s supply held by top addresses dropped. This indicated that the top players in the crypto space were selling, possibly hinting at a price correction in the coming days.

Bottom Line

As Toncoin shows bullish potentials, projects like Pawfury offer a glimpse of the innovative potential within the crypto space. By applying expert strategies and considering emerging presales, investors may find opportunities even in the most challenging market conditions.

It’s important to note that while Pawfury stands out among these options with its lucrative presale, low entry cost, and 10% extra bonus, investors should always conduct their own research and due diligence.



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