TON’s New $400M Treasury and Telegram Wallet Are Here. What’s Next for the Price?
Main Idea
The TON Foundation has established a $400M treasury with Kingsway Capital, and Telegram's TON Wallet has reached 87M US users, though Toncoin's price may face a potential decline by the end of 2025.
Key Points
1. TON Foundation partnered with Kingsway Capital to form a $400M treasury, backed by major US venture capital firms, signaling institutional trust.
2. Telegram's TON Wallet has been rolled out to approximately 87 million users in the US, increasing Toncoin's retail exposure.
3. Toncoin's current price is $3.17, with key resistance at $3.30 and support levels at $3.10 and $3.05.
4. Technical indicators show mixed signals: MACD suggests early bullish momentum, while RSI indicates moderate buying interest without overbought conditions.
5. Toncoin's price is predicted to potentially drop by 24.55% to between $2.35 and $2.39 by December 2025, though a rebound could offer up to 23.92% gains.
Description
TON Foundation forms $400M treasury with Kingsway, not through direct fundraising Telegram’s TON Wallet rollout reaches 87M users in the US, boosting Toncoin’s retail exposure Despite bullish signals, TON may drop 24.55% by Dec 2025 without volume support Toncoin is entering a critical phase in its growth, supported by a strategic move aimed at solidifying both retail and institutional confidence. The TON Foundation has partnered with Kingsway Capital to establish a new $400 million treasury ini...
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