Toncoin Price Increases Up to 10% After Listing on Binance Launchpool

Bittime - Toncoin (TON), the crypto asset of the Telegram Open Network, recently experienced a 10% price increase. This surge occurred after Binance, one of the world's largest crypto exchanges, announced that TON would be available on their Launchpool platform. 

This news had a positive impact on the market, increasing investor confidence and pushing up TON prices. Check out the complete news here!

Getting to know Binance Launchpool

Binance Launchpool is a platform that allows users to earn rewards by staking Binance Coin (BNB) or Binance USD (BUSD). In return, participants receive new tokens. 

This system benefits both new tokens that gain initial liquidity, and users who can access promising projects at an early stage.

Importance of TON in Launchpool

TON's entry into Binance's Launchpool signals Binance's recognition of its potential. TON's listing on Launchpool not only gives it more visibility, but also makes it more accessible to a wider audience. 

With more investors and traders able to buy and trade TON, its liquidity and adoption is expected to increase. This increase in TON prices certainly shows the high interest in this cryptocurrency

Read also: Toncoin (TON) Price Prediction 2024 - 2030

Market Reaction and TON Price Prospects

The 10% increase in TON prices following this announcement reflects the market's strong confidence in TON. Increased trading activity on Binance and other exchanges indicates growing interest in the project. 

Going forward, TON's presence on Binance Launchpool could pave the way for further growth, as well as strengthen its position in the wider crypto market.

What awaits TON in the future?

This latest development shows a bright future for TON. With increased exposure and potential new users, TON could experience continued growth and adoption. 

As this project develops, TON has the potential to become a more significant player in the crypto space, with the possibility of long-term price increases if this positive trend continues.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.