Is it too late to buy Toncoin? TON price rises by 18% as the countdown to the launch of the new Telegram crypto casino begins

Leading Telegram-integrated blockchain Open Network’s native Toncoin saw an impressive +18% increase in TON price, but is it too late to buy Toncoin?

This comes as TON price is reeling from a local -20% retracement move triggered after it rose to an 11-month high in early November.

The recent price increase was largely driven by the launch of Telegram’s “Giveaways,” a feature that allows channel owners to distribute prizes to their followers.

Top Crypto Gainers Today from Coinmarketcap!
1. $FTT
2. $TIA
3. $ROSE
4. $TON
5. $SEI#CoinMarketCap #CryptoCommunity #Cryptocurrency #FTX #celestia #rune #rose #SEI #Uniswap #CryptoMarkets pic.twitter.com/jTObx612vW

– cryptomigo (@cryptomigo21) November 28, 2023

With strong support above the 20-day moving average, TON price action now appears to have found the foundation for a second phase of the rally – sentiment is turning optimistic, let’s dig in.

TON Price Analysis: Is it too late to buy Toncoin after a +19% price surge?

As TON price recovers, Toncoin is currently trading at a market price of $2.46 (representing a 24-hour change of +0.82%).

Toncoin’s ongoing upward move, which strengthened after the -20% retracement, appears to have found a footing above the 20DMA (at $2.38).

This key moving average has provided local support for a +11.5% rally so far, with TON price action forming a bullish counterpart pattern in the upper trading channel.

TON price now appears poised for another breakout above trendline resistance, with a potential target at $2.9.

The 200DMA support remains well below the price action despite the golden cross on September 15, although the moving average is now gradually rising at $1.8.

Meanwhile, the bearish RSI at 58.56 suggests that there is still a possibility of a significant move higher, with the previous 11-month high at 79.39 on the RSI indicator.

This sentiment is supported by a completely neutral MACD that sits at 0.00 – this happens when the indicator switches from bearish to bullish sentiment.

Overall, TON price appears to be extremely balanced here, with a retest of upper trendline resistance firmly in sight soon.

In the short term, the TON price target is $2.75 (potentially +11.16%).

Downside risk from now on appears to be limited by the 20DMA at $2.38 (possibly -3.8%).

This means that the TON price has a risk-reward structure of 2.94, a strong entry that is characterized by good upside returns in the short term, and with certainty It’s not too late to buy.

But while Toncoin offers a tempting return of +11.16%, early supporter status often yields huge profits – imagine if you could have bought TON at the price of $0.74.

By participating in project pre-sales, you can achieve similar high returns. One such event exploding in the crypto markets is an emerging Telegram-based casino with the potential to break out of the Telegram narrative like Toncoin.

Top alternative to TON price movement? This GambleFi crypto presale just raised 3 million

With Telegram trading bots and GambleFi dominating the narrative in September, the TG.Casino ($TGC) presale is gaining a lot of attention – it raised $3,038,505 in just one month, which is why it should be on your radar.

Not just another quick Telegram bot pump and dump, TG.Casino is an intricately designed ecosystem that combines the thrill of the crypto casino world with the decentralized advantage of blockchain.

As a fully licensed casino that integrates seamlessly with Telegram, which has over 700 million users, the reach and potential are undeniable.

The ease of use reinforced by a no-KYC protocol makes it an enticing proposition for both beginners and crypto veterans, as easy onboarding ensures a seamless path to new user growth.

With a range of offerings from thousands of live Telegram casino games, slots and table games to an extensive sports betting offering, a complete experience is assured.

And for those who want to start their journey immediately, the 150% matched deposit bonus on the first deposit plus 500 free spins is the icing on the cake.

From a security perspective, users can have peace of mind – all data and funds are encrypted, ensuring robust protection against potential threats.

The $TGC token not only enables instant transactions, but also serves as the beating heart of this dynamic ecosystem.

Biggest GambleFi Presale TG Casino Presale: TG.Casino APY Tops TON Price Pump

Things get even more exciting when it comes to pre-sales, as the stake APY on offer is nothing short of spectacular and is a whopping 191%.

Given that over a million tokens were staked within a day of the presale launch, the momentum is palpable.

And a well-designed buyback mechanism ensures price stability and regular rewards, a win-win for the community.

The utility of the $TGC token is another aspect worth highlighting – beyond its primary function in the casino world, its adaptability – be it against gaming credits or other cryptos – expands its potential growth to further levels.

Its role in transactions, from deposits to withdrawals, means its central role in the TG.Casino framework.

How do I buy TG Casino early?

Step 1 – Visit the official website

The first thing you want to understand properly is to go to the official website.

Step 2 – Create a crypto wallet

You need to set up a crypto wallet and it is important to choose a wallet that supports ERC-20 tokens as this meets TGC standards.

Step 3 – Buy ETH or USDT

Next, you will need to buy some Ethereum (ETH) or Tether (USDT) as these are the tokens used to exchange for TGC.

Step 4 – Connect Wallet to Presale Dashboard

Go to the TG.Casino website and click on the “Connect Wallet” button. A pop-up window will appear where investors can select their wallet provider and link their wallet to the presale dashboard.

Step 5 – Buy TG.Casino tokens

Investors will see an order box on the screen where they can select either ETH or USDT (or buy from BSC) to use for the exchange. Investors also need to decide how much TGC coins they want to purchase. The minimum investment is $1,000TGC. After making sure everything is correct, confirm the trade.

Step 6 – Claim the TG.Casino token

Once TG.Casino’s presale is over, there will be a Token Generation Event (TGE) where investors can claim their purchased tokens by clicking the “Request” button on the TG.Casino homepage. That’s all about buying from TG.Casino.

TG Casino’s unrivaled tokenomics could trigger the biggest GambleFi moonshot

To summarize: TG.Casino ($TGC) presale is not just an opportunity; It’s a front row ticket to the future of Telegram GambleFi.

With the tokenomics offering – equitably distributed across presales, liquidity pools, staking rewards and player rewards – and the additional boost of TG Casino’s eye-popping 191% APR, this project is well on its way to becoming a big name in the GambleFi industry.

Its mix of a comprehensive ecosystem, enticing financial benefits and a user-centric approach make it an enticing prospect. But as always, arm yourself with research and you’ll be in for a successful venture!

Dive into the TG.Casino pre-sale now.

Buy $TGC here

Disclaimer: Crypto is a high risk asset class. This article is for informational purposes and does not constitute investment advice. You could lose all of your capital.

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