The post TON Makes $15.5M from BAYC Sticker Drop, Here’s the Breakdown appeared on BitcoinEthereumNews.com.

Telegram’s BAYC Sticker Drop Just Made TON Millions The Bored Ape Yacht Club sticker launch on Telegram wasn’t just a cultural event in the Web3 world—it was a massive cash machine. A viral post on X broke down the math, and the results are eye-opening: TON may have generated $15.5 million simply from users buying Telegram Stars to access the drop. The Math Behind the $15.5 Million Let’s break it down: Entry to the BAYC sticker pack required 5555 Stars, approximately $100. The drop reportedly attracted 310,000 interested users. Even if only 50% of them made a purchase, that’s 155,000 people. The calculation:155,000 × $100 = $15.5 million That’s revenue generated solely from Stars purchases tied to one sticker release. TON Price Analysis: Stuck in Consolidation As of June 20, 2025, TON’s price sits at $2.97, barely moving over the past week. Price action continues to show clear consolidation between strong support at $2.85 and resistance at $3.50. Despite the hype around the BAYC drop and growing ecosystem activity on Telegram, the token hasn’t made a decisive breakout. TON/USD 4-hours chart – TradingView The 200 EMA on the 4H chart is sloping downward, currently sitting around $3.09, acting as dynamic resistance. TON’s failure to reclaim this moving average suggests limited short-term bullish momentum. The Relative Strength Index (RSI) is hovering around 46.70, indicating a neutral momentum—neither oversold nor overbought. There’s also no clear divergence present, further confirming that TON is in a waiting phase. Until TON breaks above $3.50 or drops below $2.85, traders can expect more sideways chop. A move outside this range will likely set the tone for the next major trend. Did Yuga Labs Get a Cut? A key question that remains unanswered is how much of this revenue, if any, was shared with Yuga Labs, the…

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Filed under: News - @ June 21, 2025 5:25 am