$TON drops to $1.62 as the Telegram-linked token retreats with broader market weakness.
What's Happening:
Price Action: Toncoin falls 5.5% to $1.62, giving back recent mini-wallet gains.
Telegram Integration: TON remains the primary crypto in Telegram's 800M+ user ecosystem.
Mini-App Growth: Telegram mini-apps and games continue onboarding users despite price.
User Metrics: Daily active addresses holding steady — usage unaffected by price.
Why It Matters:
TON's distribution advantage is unmatched — 800 million potential users in Telegram. The mini-app ecosystem is creating real use cases (games, payments, tips) that drive organic demand. Corrections don't change the Telegram user base.
Technical View:
$1.50 is the key support level. A hold here keeps the recovery thesis alive with $2 as target. A breakdown risks $1.30. The Telegram app launches remain the fundamental catalyst to watch.
🎯 Key Levels:
Support: $1.50 | Resistance: $2.00
24h Range: $1.53 - $1.74
💡 "800 million users don't disappear in a correction. TON's distribution moat is built into every Telegram chat."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Toncoin #TON #Telegram #MiniApps #CryptoNews
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
