🔵On June 14, 2024, Toncoin (TON) hit a new all-time high, reaching $8.15. The asset’s market capitalization grew to $19.5 billion. Despite the current pullback, the daily and weekly charts show an increase of 3% and 6%, respectively.
🔵The growth is attributed to the rising popularity of Tap-to-Earn projects on Telegram, which are likely to be launched on The Open Network. The Chaikin Money Flow (CMF) indicator also shows prevailing buying pressure.