Toncoin Price Prediction 2024 – 2030: Will TON Price Hit $10 In Q2?

Toncoin Price Prediction 2024 – 2030: Will TON Price Hit $10 In Q2?

The post Toncoin Price Prediction 2024 – 2030: Will TON Price Hit $10 In Q2? appeared first on Coinpedia Fintech News

Launched in the year 2018, this Layer-1, Ethereum-based altcoin plays a vital role in the crypto industry. Toncoin has gained significant attention from the crypto industry after the investment of Pantera Capital, a leading hedge fund and venture capital located in the United States of America.

With a market cap of $23.213 Billion, a circulating supply of 3,473,823,531 TON, and a total supply of 5,106,446,836 TON, the Toncoin has jumped approximately 190% this year alone and has successfully secured a spot in the top 10 cryptocurrencies by market cap.

This has made its investors curious about Toncoin (TON) roadmap of achieving $10 this year! Are you one of them? Fear not and dive in as we explore the feasible Toncoin price prediction from the year 2024 up till 2030 and the years to come.

Toncoin Overview

Cryptocurrency	Toncoin
Token	TON
Price	$ 6.39579193 1.55%
Market Cap	$ 22,223,571,923.2403
Circulating Supply	3,474,717,777.9281
Trading Supply	$ 153,288,531.6195
All-time High	$7.78 on 05th June 2024
All-time Low	$0.3906 on 20th September 2021
24 High	$ 0.0000
24 Low	$ 0.0000

TON Price Prediction June 2024

The Toncoin price displayed a neutral trend for the first two months, following which the bulls regained momentum and recorded a jump of 270.63%, resulting in the altcoin recording a new ATH of $7.650 on 11th April.

Following this, the bulls lost momentum and plunged to $4.60, a drop of approximately 40% in value. As the volatility in the market grew, the bulls regained momentum and displayed a bullish reversal in its chart.

After trading under a closed range between $6.325 and $7.250 for a brief period, the Toncoin price successfully recorded a new all-time high (ATH) of $7.78 today.

The technical indicator, MACD, displays a significant rise in the green histogram, highlighting an increase in the price action for the TON coin price in the crypto industry. Moreover, the averages show a bullish pattern, suggesting the price will continue gaining value in the coming time.

If the TON bulls continue to trade under a bullish influence, the Toncoin price will prepare to achieve a new all-time high (ATH) by surpassing its previous high of $7.78. However, a bearish trend reversal may pull the price toward its lower support level of $6.325 during the upcoming weeks.

Toncoin Price Prediction 2024

If this Ethereum-based project releases significant updates or announces major investments like Pantera Capital or collaborations, the TON price with a potential surge, could reach a maximum of $14.20 by the end of 2024.

On the contrary, stricter regulations or a strong bearish reversal could lead the Toncoin price to plunge toward its low of $5.12 this year. With this, the average price of this Layer-1 altcoin could land at $9.66 for the year 2024.

TON Price Prediction 2024 – 2030

Toncoin Price Prediction 2025

With a prediction of a bullish year, the TON price could experience a strong bullish price action during that year. Moreover, increased adoption and applications could result in the Toncoin token recording a new all-time high of approximately $20 during the year.

Conversely, if the crypto industry experiences a bearish price action, the TON coin price could hit a low of $9.26. With this, the average trading price of this altcoin could land at $14.45.

Toncoin (TON) Price Prediction 2026

According to forecast prices and technical analysis, TON’s price is projected to reach a minimum of $13.59 in 2026. The maximum price could hit $26.08, with an average trading price of around $19.83.

TON Price Prediction 2027

Looking forward to 2027, Toncoin’s price is expected to reach a low of $17.55, with a high of $32.84, and an average forecast price of $25.19.

Toncoin Crypto Price Prediction 2028

In 2028, the price of a single TON is anticipated to reach a minimum of $24.69, with a maximum of $39.19 and an average price of $31.94.

Toncoin Price Prediction 2029

By 2029, TON’s price is predicted to reach a minimum of $30.21, with the potential to hit a maximum of $47.63, and an average of $38.92.

TON Price Prediction 2030

In 2030, Toncoin is predicted to touch its lowest price at $25.99, hitting a high of $56.77 and an average price of $41.38.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Toncoin (TON) Price Prediction

The Ethereum-based Layer-1 (L1) altcoin has been constantly trading under a bullish influence and has displayed a positive price action in both smaller and bigger time frames, indicating a strong bullish outlook for the Toncoin price during the upcoming time.

According to CoinPedia’s formulated Toncoin (TON) Price Prediction, if the market continues to trade under a positive price sentiment, the TON token will potentially conclude the year with a new all-time high of $14.20.

However, if a bearish trend reversal occurs, the Toncoin price may plunge toward its low of $5.12 by the year-end. With this, the average price for this altcoin would be around $9.66 for the year 2024.

FAQs