CRYPTO:TONUSD

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$1.65
-0.219 (-11.71%)
At Close: Jun 04, 2026
Toncoin rallies over 20% in late May after Telegram's $1.5B bond raise and xAI integration, but remains technically trapped in a symmetrical triangle.
SPX has entered the top 100 alts, while TON has gained 11% today.
Toncoin jumped 13.7% after hiring ex-VISA executive Nikola Plecas as TON Foundation VP, but faces strong resistance at $3.5.
Toncoin (TON) is making waves again, rallying nearly 10% in a single day as trading volume blew past $1.2 billion, demonstrating a 640% surge in 24 hours.
Toncoin'a sudden rally over the past two days could have been a liquidity hunt.
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook

Toncoin, Mask Network, and Pepe price predictions

08:01pm, Wednesday, 28'th May 2025
Cryptocurrency prices were nixed on Thursday as market participants reflected on the Federal Reserve minutes. Bitcoin was stuck above $107,200, while the market capitalization of all coins rose by 0.4
TON Foundation names Nikola Plecas as Vice President of Payments. Focus areas include fiat-crypto on-ramps and user experience.
A deal that would bring xAI's Grok to Telegram has apparently not been signed, despite prior reporting, putting sell pressure on TON's recent rally.

Why Toncoin Was Zooming Higher on Wednesday

05:40pm, Wednesday, 28'th May 2025
Major financing news from the company it's associated with helped drive the price of Toncoin (TON) well higher on Wednesday. As of 4 p.m.
The markets continue to remain consolidated within a narrow range as the prices of the top cryptos are accumulating within a tight range. Bitcoin price trades within a range-bound below $109,000, whic
The Telegram-linked altcoin surged after The Wall Street Journal reported Telegram is courting investors such as BlackRock as the company looks to raise $1.5 billion.
Toncoin (TON) has surged by 13.5% and currently sits at $3.4 per token as trading volumes have surged by more than 400% in the past 24 hours.
Bitcoin remains rangebound below record highs as buying pressure fades.

Why Is Toncoin Price Up?

12:12pm, Wednesday, 28'th May 2025
Toncoin just surged past key resistance levels. The sudden rally isn't random it's tied to a major AI announcement involving Elon Musk's xAI and Telegram.
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