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Last night during the live stream, TON was still hovering around 1.9, and today it’s already close to 2.4—looks like it’s about to double!
It’s been a long time since I’ve seen such a big spot-price surge. Of course, “scam coins,” trashy copycats, and shady back-room cottage-casino setups can pump and dump at any moment—but for a public chain like TON, with such a high market cap, if it can rise this much, I feel it’s solid.
I’ve talked about TON as a target on my livestreams several times before. It’s the “airplane” public chain. To support fast payments, it first completes the computation and then performs the hashing. After it was penalized by the SEC for its financing, the “geeks” restarted the public chain afterward—without any financing; the coins are obtained by mining. When it launched, the founder of the airplane project said they had fully taken over the TON public chain and injected funding, and that TON’s performance would improve by 5x—so it would be even faster in the future!
Since TON is backed by Telegram, its user base should definitely be larger than Ethereum’s. I calculated the market maker’s cost basis—roughly 1.5–1.7. My entry price is 1.34, which is even lower than the market maker’s. From the market maker’s mindset and the way they operate as market makers, they’re not trying to pull the price up to around 2.4 just to grab a short-term wave and leave. They should have an even higher target. At minimum, if it returns to double the cost basis—around 3–3.4. And if the market is good, pushing it to 4 or 5 is also possible. If that “air force fuel” comes again, I really don’t know how high it can go.
This is thanks to ZEN. I’m not going to sell and miss out, and I’m not going to switch to TON. Right now, TON is moving even more aggressively than ZEN!
$ZEN
$TON