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The Toncoin price has jumped by 3% in the last 24 hours as the token traded at $2.44 at 5.30 a.m. EST.
TON is now among the top performers in the last two days.
https://twitter.com/HODLstarter/status/1729344383734947888?s=20
Toncoin Price Prediction
The 15-minute TON/USDT charts show that the Relative Strength Index indicator is on a downward trajectory as it crosses below 50. This demonstrates selling pressure on TON as the token approaches the oversold region, pointing to a bearish short-term on the Toncoin price.
We also see a couple of bearish engulfing candle stick patterns having formed. This also points to a reversal trend in the Toncoin price.
The MACD indicator is moving in the red zone, asserting bear activity on the Toncoin price, as huge resistance is felt at $2.70. Looking at volatility, the Bollinger Bands are diverging, showing high volatility on the Toncoin price.
This results from increasing trading activities that have seen TON’s trade volume pump by 80% in the last 24 hours.
Meanwhile, as the Toncoin price risks correction in the short-term, TG.Casino is making waves with its TGC token presale, with the project having surpassed the $3 million mark in funding.
Now $3m raised in our presale, our roadmap announcement today has given people even more confidence. pic.twitter.com/i1gBDXjHof
— TG Casino (@TGCasino_) November 27, 2023
TG.Casino’s Tokenomics
TG.Casino gives you access to special prizes and games. Holders get 25% of their losses back, and new investors can get a 200% bonus on their first deposit.
With a 191.86% APY from staking, TGC through smart contracts gives you passive income. The deflationary tokenomics include a return system that burns 40% of the tokens bought back.
This makes tokens more scarce and raises their value.
Since its launch in September, TGC has raised $3 million with the token now priced at $0.17 in the presale.
Clinix Crypto praises TGC as a coin with a lot of promise, pointing out that it will be available on Uniswap and that prices could go through the roof after it goes public.
TG.Casino promises to buy back TGC from decentralized platforms and burn 40% of the tokens it buys back. Token users get 60% of the return through the staking pool.
Whales are keeping a close eye on TG.Casino’s rising popularity and profits because they think it will become a GameFi star. On-chain data shows that a Rollbit whale sent $150,000 to TG. Casino and staked $50,000 of it right away.
Famous crypto expert @Poe_Ether thinks TGC could do better than Rollbit in the GambleFi world.
TG Casino looks like it has everything it needs to contend against Rollbit in the coming weeks.
Over 2000+ active players
Team is KYC’d at @AssureDefi
Stunning UI
No KYC needed@TGCasino_ https://t.co/nlbYUY0nXr— POΞ (@Poe_Ether) November 21, 2023
Crypto fans are urged to buy TGC before the presale ends because it is only available for a few more days at $0.17. With indicators pointing towards corrections on the Toncoin price, TG.Casino’s TGC token could be your better investment option.
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