Prev Arrow Cryptocurrencies

Toncoin ($TON) Crypto Forecast: Down 5.0% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Toncoin?

TON is a cryptocurrency token known for its innovative technology and strong community support. The overall cryptocurrency market has been volatile today, with many tokens experiencing fluctuations.

Why is Toncoin going down?

TON crypto is down 5.0% on Feb 18, 2025 14:47

  • TON's bearish movement could be attributed to profit-taking by investors after a period of significant price gains.
  • The potential major price reversal might have spooked some traders, leading to a sell-off in TON.
  • The focus on other tokens like Zoo Token and Blum and Pi Coin might have diverted attention away from TON, impacting its price negatively.
  • Analysis on Bitcoin's support levels could have influenced overall market sentiment, indirectly affecting TON's price movement.

TON Price Chart

TON Technical Analysis

TON News

Is Toncoin setting the stage for a major price reversal? Assessing…

Is Toncoin setting the stage for a major price reversal? Assessing…

https://ambcrypto.com/is-toncoin-setting-the-stage-for-a-major-price-reversal-assessing/

0 News Article Image Is Toncoin setting the stage for a major price reversal? Assessing…

$Zoo Token Soon Listing On Kucoin – Everything You Need To Know

$Zoo Token Soon Listing On Kucoin – Everything You Need To Know

https://www.coingabbar.com/en/crypto-currency-news/zoo-listing-why-kucoin-listing-is-a-big-deal-for-investors

1 News Article Image $Zoo Token Soon Listing On Kucoin – Everything You Need To Know

Will Blum and Pi Coin Get Listed on Binance: Major Move Ahead?

Will Blum and Pi Coin Get Listed on Binance: Major Move Ahead?

https://www.coingabbar.com/en/crypto-currency-news/will-blum-and-pi-coin-get-listed-on-binance-major-move-ahead

2 News Article Image Will Blum and Pi Coin Get Listed on Binance: Major Move Ahead?

Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down

Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down

https://www.newsbtc.com/bitcoin-news/glassnode-bitcoin-support-current-level-breaks-down/

3 News Article Image Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down

TapCoin Daily Bounty Card Combo 18 February 2025: Play To Earn

TapCoin Daily Bounty Card Combo 18 February 2025: Play To Earn

https://www.coingabbar.com/en/crypto-currency-news/tapcoin-daily-bounty-card-18-february-2025

4 News Article Image TapCoin Daily Bounty Card Combo 18 February 2025: Play To Earn

Toncoin Price History

04.01.2025 - TON Crypto was down 5.4%

  • The unveiling of a $100 million debut fund by TVM Ventures for the TON ecosystem could have initially sparked positive sentiment in the market.
  • However, the bearish movement might be attributed to profit-taking by investors following the news, leading to a temporary downturn in TON's price.
  • The attention from quantitative analysts at the beginning of Toncoin's journey could have also influenced market sentiment, but the overall market conditions led to the bearish movement today.
  • Despite the positive developments with the fund to boost projects on the TON network, short-term market dynamics likely played a larger role in today's bearish movement.

04.01.2025 - TON Crypto was up 6.0%

  • TON's surge in value could be linked to the introduction of TVM Ventures, which unveiled a $100 million fund targeting TON-related projects. This move indicates trust and financial backing for the TON network.
  • The announcement of a $100 million fund to support projects on the TON network further bolstered investor confidence and attention towards the token.
  • The strategic investment in Telegram-Based GOAT Gaming by TON Ventures and others may have also played a role in TON's positive market performance, highlighting the expansion of partnerships and ecosystem growth within the TON network.

22.00.2025 - TON Crypto was up 5.2%

  • An exclusive collaboration between Telegram and TON for mini apps, catering to a large user base, is anticipated to have enhanced confidence in TON's usefulness and future growth.
  • The decision by Telegram to prioritize TON over other networks acts as an endorsement of TON's technology, leading to an upsurge in the token's demand.
  • The optimistic outlook towards blockchain technology, highlighted by substantial blockchain fees from Ethereum, Tron, and Solana, may have positively impacted TON, contributing to its upward trend.
  • The buzz surrounding the BUMS airdrop and TapCoin's play-to-earn rewards, though not directly linked to TON, mirrors the general enthusiasm in the cryptocurrency realm, potentially drawing more investors towards TON.

18.01.2025 - TON Crypto was down 5.0%

  • TON's bearish movement could be attributed to profit-taking by investors after a period of significant price gains.
  • The potential major price reversal might have spooked some traders, leading to a sell-off in TON.
  • The focus on other tokens like Zoo Token and Blum and Pi Coin might have diverted attention away from TON, impacting its price negatively.
  • Analysis on Bitcoin's support levels could have influenced overall market sentiment, indirectly affecting TON's price movement.

27.00.2025 - TON Crypto was down 5.1%

  • The bearish movement of TON may be due to negative market sentiment affecting prices.
  • Discussions on Aptos price decline and Toncoin's potential rally to $6 could be fueling investor uncertainty, contributing to the bearish trend.
  • Despite TON being added to B2BINPAY's crypto payment platform, broader market factors seem to drive the market more than specific partnerships.
  • On-chain metrics hint at a possible price rebound at $5 for Toncoin, offering some optimism for investors amidst a cautious market sentiment leading to TON's bearish movement.

18.01.2025 - TON Crypto was down 5.1%

  • The bearish movement of TON may be linked to the current volatility in the cryptocurrency space.
  • Recent data suggests potential support levels for Bitcoin, which could have influenced market sentiment negatively and impacted TON.
  • Despite price challenges, signs of ongoing accumulation of TON are noted, hinting at possible resilience of the token amid the bearish trend.
  • Market focus and investment interest may have shifted towards the upcoming listing of Zoo Token on Kucoin and speculations about the listing of Blum and Pi Coin on Binance, possibly contributing to TON's bearish movement.

01.01.2025 - TON Crypto was down 5.2%

  • TON's price nearing key support levels may have triggered selling pressure among investors, leading to the bearish movement.
  • Long-term holders taking profits at $5 could have added to the selling pressure, causing further downward momentum.
  • The lack of positive news or developments specific to TON may have contributed to the overall negative sentiment surrounding the token today.

03.01.2025 - TON Crypto was down 13.3%

  • Despite the positive development of TVM Ventures launching a $100 million fund for TON-based projects, profit-taking by investors during a period of bullish momentum may have influenced the market movement.
  • The announcement of the $100 million fund aimed at supporting projects on the TON network initially generated interest, but traders seemed more inclined to sell their positions.
  • The news of GOAT Gaming receiving a strategic round from TON Ventures and others did not appear to significantly impact TON's price movement.
  • The hype surrounding the $PAWS listing date could have shifted focus away from TON, resulting in a lack of buying interest and contributing to the bearish movement.

03.01.2025 - TON Crypto was down 15.9%

  • The bearish movement in TON's price could be attributed to uncertainty among investors regarding whether the token's price nearing key support levels is a buying opportunity or a trap.
  • The $PAWS listing and surge in NFT vouchers minted may have drawn attention and investment away from TON, leading to a decrease in its price.
  • The distraction caused by the DuckChain airdrop and TapCoin daily bounty card combo may have also contributed to the bearish sentiment surrounding TON, with investors focusing on these other opportunities.
  • Overall, a combination of these factors likely led to decreased demand for TON, resulting in the bearish market movement observed today.

03.01.2025 - TON Crypto was down 14.3%

  • The bearish movement in TON today could be attributed to the overall market sentiment towards cryptocurrencies, as investors might be cautious due to recent market volatility.
  • Recent participation of TON Ventures in a strategic round for GOAT Gaming might not have directly impacted TON's price, as the focus was more on the gaming industry rather than TON itself.
  • Questions raised about whether TON's price nearing key support is a buying opportunity or trap could have added to the uncertainty in the market, leading to some selling pressure.
  • The hype around meme coins like $PAWS and airdrops like $DUCK tokens might have diverted attention and investment away from TON, contributing to its bearish movement.

28.00.2025 - TON Crypto was up 5.0%

  • TON's current upward movement is linked to the unveiling of its ambitious 2025 roadmap, outlining plans to introduce a Layer-2 payment network and other significant upgrades.
  • The market's favorable response follows TON Core's emphasis on prioritizing the development of the Layer-2 payment network, reflecting growing confidence in the project's potential for expansion.
  • Investor sentiment appears upbeat concerning TON's roadmap, which focuses on mainnet enhancements and the introduction of new features such as BTC Teleport and improved validator tools, fueling demand for the token.
  • TON's transparent schedule for deploying the Layer-2 payment network has likely generated excitement among traders, leading to heightened buying activity and an increase in the token's value.

14.01.2025 - TON Crypto was up 5.2%

  • The bullish movement of TON could be attributed to the announcement of zero-fee USDT purchases in 60 countries by the Telegram Wallet, which may increase the utility and adoption of TON.
  • The market highlights indicating builders continuing to work amid macro uncertainty could have instilled confidence in investors, leading to positive sentiment towards TON.
  • The upcoming SideKick listing date nearing and shifting from SOL to TON might have generated excitement and anticipation among traders, driving up the price of TON.
  • The innovative approach of MemeCore with the "MemeX Festival" to bridge Web2 and Web3 communities at Consensus HK 2025 could have brought positive attention to the overall cryptocurrency space, benefiting tokens like TON.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.