American Investors Drive Toncoin Rally, Europeans More Bearish: CryptoQuant

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American Investors Drive Toncoin Rally, Europeans More Bearish: CryptoQuant
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Toncoin , the native token of The Open Network blockchain, has emerged as one of the most popular Layer 1 cryptocurrencies. Since the beginning of 2024, its price has outperformed Bitcoin by a staggering 118%, as per the latest analysis by CryptoQuant.

On the other hand, European traders appear the most bearish, as evidenced by multiple instances of negative price changes during the local session. TON’s had a rough start due to regulatory hurdles stemming from the US Securities and Exchange Commission . However, it has managed toon the TON blockchain. This web3 clicker game has issued its token on The Open Network blockchain and airdropped more than 80 billion NOT tokens to participants just this week.Telegram took a major step towards integrating cryptocurrency and blockchain technology, specifically the TON blockchain, into its platform.

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