Toncoin (TON) Approaches New High Following RCO Finance Bullish Momentum While Notcoin Crashes
The post Toncoin (TON) Approaches New High Following RCO Finance Bullish Momentum While Notcoin Crashes appeared on BitcoinEthereumNews.com.
Toncoin (TON) is approaching a new high as the asset gains upside momentum alongside the crypto presale token RCO Finance (RCOF). While TON and RCOF climb up the charts, Notcoin (NOT) experiences a steep decline, causing the asset to lose a substantial portion of its market value after its launch earlier this year. Let’s find out what is driving these shifts. Bitget And Foresight Invests $30 Million In TON The Open Network (TON) has secured a substantial investment from top crypto exchange Bitget and leading investment company Foresight Ventures after a recent coalition between the latter. Bitget announced this move in an X post on September 18. According to the exchange, Bitget and Foresight Ventures are investing $30 million into the TON ecosystem. The investment will be channeled towards improving GameFi and TapToEarn, games based on Telegram. Toncoin’s swift growth can be attributed to its integration into Telegram, which led to the birth of games like Hamster Kombat and Notcoin. With over 900 million people using Telegram, Toncoin is gaining significant exposure. Since the integration, TON has achieved a 10-fold increase in DEX volume, Total Value Locked, and on-chain transactions. Since Toncoin’s debut, the asset and its ecosystem were the biggest crypto market growth in 2024. This report has sparked a 2.27% increase in TON’s price to $5.64 in the last 24 hours, with Toncoin nearing a new high of $6.00. RCO Finance Exhibits Bullishness Amid Increased Adoption RCO Finance is making strides in its ongoing presale, leading gains across the crypto market. This development has drawn attention to RCOF and its host, RCO Finance. RCO Finance’s bullish response stems from its encountering similar multiple opportunities. RCO Finance is an AI-powered platform that aims to transform crypto investing and trading processes by introducing an AI-driven tool. …
Filed under: News - @ September 20, 2024 3:24 pm