New Report Suggests an Emerging 0DTE DeFi Protocol Will Surge Past LINK and TON in Q3: Should You Be Buying?
The post New Report Suggests an Emerging 0DTE DeFi Protocol Will Surge Past LINK and TON in Q3: Should You Be Buying? appeared on BitcoinEthereumNews.com.
A recently published market report is causing a stir, suggesting an emerging DeFi protocol is poised to outperform established giants like Chainlink (LINK) and Toncoin (TON). The analysis specifically forecasts a significant surge for the newcomer before the end of Q3, fueled by its innovative application of the 0DTE trend. With the quarter’s end fast approaching, this projection is forcing investors to ask: is now the time to buy in? Toncoin (TON) TradingView Toncoin trades between $3.00 and $3.33 following a volatile week that declined 1.51%. The token retreated 2.13% monthly, erasing portions of the spring rally, yet maintains a 5.82% six-month advance, suggesting underlying demand persists. This recent cooling has moderated market sentiment without disrupting the broader upward trajectory. Technical indicators reflect balanced positioning near critical levels. The 10-day SMA at $3.12 nearly matches the 100-day SMA at $3.14, signaling equilibrium between short-term and long-term traders. RSI at 53 indicates neutral momentum, while elevated Stochastic near 80 shows buyers testing recent strength. MACD remains marginally negative, though selling pressure appears to be diminishing. These readings suggest potential for movement in either direction with a slight recovery bias. Fundamental dynamics present conflicting forces that could drive significant volatility. Verb Technology’s $558M private placement to build a Toncoin treasury aims to acquire approximately 5% of circulating supply, mirroring MicroStrategy’s Bitcoin strategy and potentially tightening available tokens. However, whale concentration remains concerning with 68% held by large wallets, creating liquidation risks near break-even levels. Telegram’s integration with 1B+ users provides long-term utility prospects, while the TON Foundation’s $5M DeFi incentive program targets ecosystem growth. Should bulls breach resistance at $3.49, momentum could target the secondary barrier at $3.82, representing roughly 10% additional upside and potentially triggering a 20% advance from current levels. Conversely, dropping below $2.84 support may pressure TON toward $2.51,…
Filed under: News - @ September 6, 2025 10:24 am