In the world of digital currencies, the decline of Bitcoin below $63,000 has caused a downturn in the market, affecting altcoins as well. With investors growing impatient after the halving, there is an increasing expectation for a bullish market. Meanwhile, an analyst has made comments about a noteworthy altcoin and another altcoin with high trading volume, highlighting significant trends during this period.
Promising Future for TON Coin
A well-known market analyst has expressed optimism about Toncoin (TON). Loma, a prominent analyst, shared on the social media platform X with thousands of users that he plans to purchase TON at approximately $5, emphasizing the potential of Toncoin’s native token, which is part of a layer-1 crypto project.
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Currently, TON is experiencing a 5% decrease, but it continues to attract buyers at $5.25. Its market capitalization has decreased to $18.2 billion, and its trading volume has dropped by 14% to $123 million.
Positive Outlook for BNB Coin
According to Loma’s statement, BNB, the native token of the BNB Chain ecosystem, is expected to reach new all-time highs.
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The analyst mentioned several factors that contribute to this bullish sentiment, labeling BNB as a dark horse among major cryptocurrencies. As of now, the price of BNB is at $591, representing a 2% decrease.
Disclaimer:
The information provided in this article should not be considered as investment advice. Investors should be aware of the high volatility and risks associated with cryptocurrencies and should conduct their own research.