Everything to know about Telegram's native coin at start of week
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Toncoin to Hit $8 If This Happens, Shiba Inu Is Anemic: Is It Good or Bad Thing? Bitcoin at Pivotal Moment Reaching $63,000Users can buy Stars with fiat currency through in-app purchases on iOS and Android, or within Telegram itself.
This approval means Toncoin is now officially eligible for trading within the regulatory framework provided by the Astana International Financial Centre . Investors can engage in transactions involving Toncoin with the assurance of regulatory protections and oversight.According to recent on-chain TON data, the number of active users on the network has exceeded 32 million users. This adds to the increasing number of whales as well as the number of transactions.
In addition, the moving averages show a buy signal, according to TradingView. The RSI indicator has risen to 56, which still gives much space for price growth.The TON price is currently sitting at $7.76, despite last week’s market turmoil. Having surpassed the support level of 7.36, TON has undergone a mild correction last week. Now Toncoin is eyeing $8, with a good chance to reach the price target this week.An ascending trendline on the daily chart drives the midterm bullish trend.
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