Toncoin Hits All-Time High! Further Growth Incoming?
The post Toncoin Hits All-Time High! Further Growth Incoming? appeared first on Coinpedia Fintech News
In the midst of a choppy day in the cryptocurrency markets on March 12th, Toncoin, closely associated with Telegram, soared by over 25% within just 24 hours, reaching an all-time high of $4.45. However, this surge propelled its market cap to over $12 billion.
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What’s Driving TON?Toncoin’s recent surge has caught the attention of cryptocurrency enthusiasts and analysts. A significant inflow of capital from Bitcoin and Ethereum has been identified as a key driver behind this rally. This indicates a notable shift in investor sentiment towards alternative cryptocurrencies, as seen by the impressive 18% surge in other top-cap altcoins.
