Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: Fhiyyerh on July 18, 2024, 12:40:48 AM
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I’ve been watching how TON has surged over the past few months, significantly quieting the buzz around Solana—now the news seems split 50/50 in my feeds. Despite this momentum and the influx of investors, why is TON still under $10? With Solana, we saw a dramatic price hike in a short period.
This has made me very interested in the TON ecosystem, especially considering its growth, even though this isn’t fully reflected in the token’s price. I believe an AMA session with the co-founder and team members would be a great way to gain more insight into TON. It might help dispel my doubts and help me focus more on TON since it’s becoming the trend nowadays
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Despite this momentum and the influx of investors, why is TON still under $10?
If the influx of investors would be indeed there then you wouldn't have this question in the first place.
The thing is simple, there is not enough money coming in to offset the selling and allow growth, also you would need a few billion to raise it to that level, and as you can see the money ain't there while you have a lot of profit taking for something that has grown 6x in a year.
The price of coins doesn't grow only on hype it grows on money, hype can bring money but it can also fail to bring enough as you can see.
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I’ve been watching how TON has surged over the past few months, significantly quieting the buzz around Solana—now the news seems split 50/50 in my feeds. Despite this momentum and the influx of investors, why is TON still under $10? With Solana, we saw a dramatic price hike in a short period.
This has made me very interested in the TON ecosystem, especially considering its growth, even though this isn’t fully reflected in the token’s price. I believe an AMA session with the co-founder and team members would be a great way to gain more insight into TON. It might help dispel my doubts and help me focus more on TON since it’s becoming the trend nowadays
I’ve noticed the surge in TON too, and it’s really catching attention in the crypto space. Despite its growth and influx of investors, it's interesting that the price is still under $10, unlike Solana's rapid hike.
Speaking of which, I came across an upcoming TON AMA on Bitget. It’s going to be hosted by Darren, the Bitget Wallet Content Director. This might be a perfect opportunity to get some of your questions answered and gain a deeper understanding of what’s driving TON’s growth. Incase you want to tune in , here’s the link . https://x.com/i/spaces/1ynKODLvOYOGR