Trader and analyst Andrey Gorislavko (Age_of_Crypto) commented on the current position of the TON cryptocurrency and identified possible targets for its price.
According to Gorislavko, despite the intense interest in TON in 2024, its price does not currently reflect its potential. He believes that major events such as USDT issuance and NFT sales are already taken into account. It is now important that it is listed on the Binance exchange.
Telegram plans to launch an internal cryptocurrency, Telegram Stars, to resolve a dispute with Apple over in-app payments. This means that all payments on Telegram will be accepted only on Telegram Stars. In sanctioned countries such as Russia, users will be able to purchase Telegram Stars through the P2P market.
Gorislavko emphasized that the recent launch of the Notcoin game demonstrates the limitations of the TON network. He believes that TON will not exceed $11 in the near future and recommends taking profits in the $9-11 range and looking at other promising cryptocurrencies. In the long term, there is strong support for TON in the $4-6 range.
Source: Ferra
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