Experts praise Toncoin (TON) as one of the most profitable options in the current crypto space. On the other hand, traders have spotted an immense future potential in Rebel Satoshi’s RECQ , as this powerful token provides higher rewards than other presale memecoins.
Let’s take a closer look at the facts and find out why TON and RECQ could be the best cryptos to buy today!
According to IntoTheBlock data, all of the 21,490 Toncoin addresses had been in profit after TON reached a new ATH of $8.21 on June 14, 2024.
This figure represents a remarkable 252.36% increase from Toncoin’s $2.33 close on January 1, which means that TON ranks among the top market gainers in 2024. Furthermore, analysts point out that over 90% of TON addresses were in loss in June 2023.
In the meantime, TON addresses with balances have risen from approximately 5,800 to over 20,870 within a year. On the other hand, addresses with less than 10 TON tokens have increased from 4,900 in March to more than 10,000 by June 10.
In addition, the platform announced via an X post on June 11 that Toncoin had managed to surpass Ethereum in terms of daily active addresses .
Moreover, Toncoin bulls believe that Travala’s recent integration of TON could soon empower the token to rise above the $10.00 price mark. On top of that, Toncoin’s market cap reached an impressive figure of $19.89 billion on June 14.
However, Toncoin bears warn that TON will need to maintain a price level above the $8.00 price mark to avoid a negative trend. In the worst-case scenario, Toncoin could experience corrections under $6.50 as investors embrace other exciting market possibilities, such as presale memecoins.
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