Toncoin Price Rises by 3% in 24 Hours
The price of Toncoin has increased by 3% in the last 24 hours, reaching $2.44 at 5:30 a.m. EST. This makes TON one of the top-performing tokens in recent days.
Toncoin Price Prediction
Looking at the 15-minute TON/USDT charts, the Relative Strength Index (RSI) indicator is showing a downward trend as it falls below 50. This indicates selling pressure on TON and suggests a bearish short-term outlook for the Toncoin price. Additionally, there are bearish engulfing candlestick patterns forming, further indicating a reversal in the Toncoin price.
The MACD indicator is also in the red zone, confirming bearish activity on the Toncoin price. The price is facing significant resistance at $2.70. The Bollinger Bands are diverging, indicating high volatility in the Toncoin price due to increased trading volume.
TG.Casino’s Tokenomics
TG.Casino has introduced the TGC token as a central element of its project, offering special prizes and games to holders. Holders receive 25% of their losses back, and new investors can enjoy a 200% bonus on their first deposit.
Staking TGC through smart contracts provides passive income with an APY of 191.86%. The tokenomics of TGC include a return system that burns 40% of bought-back tokens, increasing their scarcity and value. This gives TGC an advantage over other tokens like Toncoin that lack such mechanisms.
Since its launch, TG.Casino has raised $3 million and is currently priced at $0.17 in the presale. The project has gained attention and support from influential figures in the crypto industry.
Whales Keep an Eye on TG.Casino
Whales are closely monitoring the rising popularity and profits of TG.Casino, as they believe it has the potential to become a GameFi star. The project has attracted significant funding, including a $150,000 investment from a Rollbit whale.
Crypto expert @Poe_Ether predicts that TGC could outperform Rollbit in the GambleFi world.
Why You Should Consider TGC
With indicators suggesting corrections in the Toncoin price, investing in TG.Casino’s TGC token could be a better option. The token is available for purchase during the presale at $0.17 or through the Uniswap IEO.
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Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.