Is it too late to buy TON? Toncoin price is the top gainer in the cryptocurrency bubble after rising 20% due to the Catizen GameFi expansion, and it could be the next cryptocurrency to explode.

adminMay 13, 2024

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Toncoin price has surged 20% in the past 24 hours, trading at $7.2793 as of 8:23 AM ET, with trading volume surging 210%.

It comes amidst the hype around the Catizen GameFi expansion following Fanton’s announcement. Based on X’s post, P2E game Fanton and cat-themed metaverse Catizen have come together in a collaboration that will benefit TON.

⚽️ Pantone ✕ Katigen 😼
We are excited to announce our amazing collaboration with Pantone!🔥
Let’s join forces to develop TON!
👉 About Pantone:
📚 Fanton is a peer-to-peer game where you select a football player who is expected to perform in a real match in a top league this weekend. pic.twitter.com/aRKVCDvovw
— Catizen (@CatizenAI) May 13, 2024

This surge has put TON on the list of top gainers in Crypto Bubbles. It also leads the list of top gainers on the WEEX cryptocurrency futures trading platform.

💸#WEEX Top 5 daily risers (May 13, 2024)!
💰 $TON $SHIB $RUNE $GHOST $BTC
Tag us and let us know which coins are your top picks!
🙌Register immediately here (fastest cryptocurrency sign up) https://t.co/141GXEWBDP#weexeexchange #CryptoGains #Cryptocurrency market #WEEXT5 pic.twitter.com/bj5aPzihqJ
— WEEX (@WEEX_Official) May 13, 2024

From a technical perspective, Toncoin price is poised for further gains as buyer momentum continues to increase. The volume profile shows a large surge in nodes, indicating strong bullish sentiment in the TON market.

The relative strength index (RSI) is also at a high low, suggesting that buying momentum is rising. Likewise, Moving Average Convergence Divergence (MACD) is also moving above the orange band of the signal line. This, combined with the green histogram of MACD in positive territory, solidifies the upward trend in Toncoin price.

An increase in buying pressure above current levels could push Toncoin price back to the highs of the $7.8556 range. This level was last tested on April 11.

Toncoin Toncoin

GeckoTerminal: TON/USDT 1-day chart

converse case

Conversely, if profit taking becomes routine, Toncoin prices may fall. Loss of the important Fibonacci retracement level of 61.8% as support could be detrimental. However, for the bulls to be invalidated, bears would have to take the price of TON below $4.5848. In addition to lower lows, this move will confirm a trend reversal.

Traders looking to take a short position in TON may consider waiting for the candlestick to close below this level.

The TON train appears to have already left the station, but the Mega Dice token DICE is just getting started. Cryptocurrency YouTuber Michael Wrubel explains why he is optimistic about the project, adding that it could be the next big thing as it offers incredible revenue sharing opportunities.

A promising alternative to Toncoin

DICE is a new token in the Mega Dice ecosystem, which serves as the platform’s utility token to give users access to premium content. It also offers exclusive benefits to holders, including staking rewards, NFTs, revenue sharing, referral bonuses, and airdrops.

Mega Dice, a fast-growing global cryptocurrency casino brand, boasts over 50,000 players who wager over $50 million every month.

Advertising itself as a veteran of the casino landscape, the project focuses on growth and adding value to players. This is most evident in the introduction of $DICE, the new, leading GameFi token on the Solana blockchain.

$DICE Token launch! 🏆
The moment we’ve all been waiting for is finally here! that much #dice #Token launching It’s real time! 🚀
If you participated in the pre-sale, here’s how to claim your tokens:
– If purchased using SOL $DICEYou will receive an airdrop. Sit back and relax!
– If the… pic.twitter.com/l35GMlfj4w
— Mega Dice Casino (@megadice) May 8, 2024

Mega Dice’s DICE tokens run on the Solana network, making SOL the preferred currency for presales. The project also accepts Ethereum (ETH) and Binance Chain (BNB), ensuring accessibility for most cryptocurrency investors.

𝗡arr𝘄 𝗘𝘅𝗽प्र्त. 🔥
Soldyce | #dice
🔥 Today’s trends | @soldicesol https://t.co/slW7t3rDC2#brush #bonk #Radium #Solana
— List | NTM.ai (@listingntm) February 9, 2024

Mega Dice Casino accepts TON for both website and Telegram casino transactions. TON is known for its reliability, eco-friendliness, and ultra-fast transactions.

🚀 Big news, Mega Dicers! 🚀
Mega Dice Casino now accepts TON on both our website and Telegram Casino💰
TON stands out for its reliability: eco-friendly, safe and ultra-fast transactions ⚡️
Sign up here: 👇🏻
🔗 https://t.co/FjIFjfAnCY pic.twitter.com/XDn6JtH3GE
— Mega Dice Casino (@megadice) April 19, 2024

After the pre-sale, Mega Dice will distribute tokens to investors upon initial exchange listing. This listing will take place on decentralized exchanges that support SOL tokens, such as Jupiter or Raydium.