TON Station’s price rose 9.17% in 24 hours due to gamified user engagement driving demand for $SOON tokens and bullish technical momentum.
Daily Combo rewards boosted participation and token claims via Telegram.
Bullish technicals show rising volume and MACD momentum.
TON ecosystem growth supports scalable Web3 gaming adoption.
Deep Dive
1. Primary Catalyst: Gamified Engagement Surge
The July 17 launch of TON Station’s Daily Combo incentivized users to solve puzzles for redeemable $SOON tokens, directly correlating with the 24-hour price spike. The app’s frictionless Telegram integration and daily expiration mechanism drove urgency, with over $1.03M in 24-hour volume signaling active token accumulation.
RSI-7 at 60.57 (neutral) leaves room for further gains without immediate overbought risks.
Price broke above the 30-day SMA ($0.000047494), reinforcing the 125% monthly uptrend.
3. Supporting Factors: TON Network Scalability
The TON blockchain’s capacity for millions of transactions/second (per the TON Foundation) supports seamless $SOON token withdrawals, reducing friction for casual users. Telegram’s 800M+ user base offers a viral growth funnel for Web3 gaming adoption.
Conclusion
The price surge reflects a mix of token utility-driven demand and technical breakout momentum. With gamification sustaining engagement and TON’s infrastructure scaling, can $SOON maintain its bullish structure if Bitcoin dominance continues rising?
Why is MRSOON’s price down today? (22/07/2025)
TLDR
TON Station (MRSOON) fell 2.48% in 24 hours due to profit-taking after a 142% weekly rally and token distribution from daily rewards.
Profit-taking after 142% weekly surge
Token unlocks from July 17 daily combo rewards
Neutral technicals with RSI at 60.14 signaling consolidation
Deep Dive
1. Profit-Taking After Extreme Rally
MRSOON surged 142% in the past 7 days, reaching $0.0000748 (July 22). This parabolic move likely triggered short-term holders to lock gains, amplified by: - High turnover: 0.228 liquidity ratio suggests thin markets where modest selling impacts prices - No major resistance: Price trades 10.5% below its 200-day SMA ($0.0000836), a key technical hurdle
2. Daily Combo Token Distribution
The July 17 TON Station Daily Combo allowed users to earn SOON Points redeemable for MRSOON tokens (Bitrue). While specifics aren’t disclosed, such events often create sell pressure as recipients convert free tokens to stablecoins.
3. Technical Context
RSI14: 60.14 (neutral, down from 64.11 a week ago)
MACD: Bullish crossover but histogram momentum weakening (+0.00000758)
Key support: 23.6% Fibonacci retracement at $0.00016247 (currently trading at $0.0000748)
Conclusion
MRSOON’s dip reflects natural profit-taking after unsustainable gains, compounded by token unlocks from gamified rewards. Watch whether the 23.6% Fibonacci level holds as support. Could renewed engagement with TON Station’s daily combos reverse the trend, or will broader altcoin weakness persist?