bullish

2024

Toncoin

Meme Games

Coin

The Toncoin price soared 5% in the last 24 hours and 13% in a week <a style="background-color: var(--bs-body-bg);font-family: var(--bs-body-font-family);font-size: var(--bs-body-font-size);font-weight: var(--bs-body-font-weight);text-align: var(--bs-body-text-align)" href="https://www.geckoterminal.com/eth/pools/0xaf81e930620eb55a9a6927c4b2afcb4d61040c32">to trade at $6.66</a> as of 02:29 a.m. EST on trading volume that dropped 24% to $469 million. 
This comes as Binance announced the listing of new TON spot trading pairs on Aug. 8, as the decentralized and open L1 blockchain, created by the community using technology designed by Telegram, continues to gain traction. 
<h2 id="toncoin-price-to-continue-surging">Toncoin Price To Continue Surging</h2> 
The <a href="https://insidebitcoins.com/news/next-cryptocurrency-to-explode-thursday-august-8-xrp-toncoin-stellar-polkadot">Toncoin</a> price dropped at the beginning of August from $6.79 to find support at around $5.2, according to data from <a href="https://www.geckoterminal.com/eth/pools/0xaf81e930620eb55a9a6927c4b2afcb4d61040c32">GeckoTerminal</a>. 
Bulls then pushed the token back to the $6.79 resistance, forming a rounding bottom pattern. However, the Toncoin price invalidated the bullish prospects of the rounding bottom, as it dropped back to $6.0, completing a cup and handle pattern. 
TON price bulls aim for a rally as traders capitalize on the pattern to stage a bullish trend over the handle. The price of Toncoin now trades above the 50 Simple Moving Average (SMA) on the 4-hour chart, as bulls struggle to push the price above the 200 SMA at $6.69. 
Moreover, the Relative Strength Index (RSI) is also soaring towards the 70-overbought region, currently at 61, as buying activity intensifies. 
The Moving Average Convergence Divergence (MACD) also supports the bullish prospects, as it trades above the zero line. Also, the blue MACD line crossed above the orange signal line recently. 
If bulls capitalize on the cup and handle pattern, together with the RSI and MACD, the price of Toncoin could soar. Traders will likely target $8 in this scenario. 
<figure id="attachment_564407" aria-describedby="caption-attachment-564407" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="wp-image-564407 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_TONCOIN_2024-08-14_09-29-25.png" alt=" Toncoin Price Chart Analysis Source: GeckoTerminal.com" width="1255" height="473" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_TONCOIN_2024-08-14_09-29-25.png 1255w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_TONCOIN_2024-08-14_09-29-25-300x113.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_TONCOIN_2024-08-14_09-29-25-1024x386.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V3-_GeckoTerminal.com_TONCOIN_2024-08-14_09-29-25-768x289.png 768w" sizes="(max-width: 1255px) 100vw, 1255px">
 <figcaption id="caption-attachment-564407" class="wp-caption-text">
 Toncoin Price Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure> 
However, bears taking control of the price at this level could result in a retracement back to the aforementioned $6 support level, which is a cushion against downward pressure. 
As the <a href="https://insidebitcoins.com/news/toncoin-price-prediction-ton-pumps-9-on-binance-listing-news-as-experts-say-consider-this-base-meme-coin-for-10x-gains">Toncoin</a> price soars, investors are buying the new Olympic-themed meme coin, <a href="https://insidebitcoins.com/visit/thememegames" rel="nofollow">The Meme Games ($MGMES)</a>, as it garners over $364K in its ongoing presale. 
According to Jacob Bury, a popular crypto analyst on YouTube, $MGMES has the potential to surge 10X after its launch. 
<iframe title="The Next 10X Meme Coin... The Meme Games PRESALE?! (Best Crypto to Buy Now?!)" width="640" height="360" src="https://www.youtube.com/embed/XSe4iGYkJ3o?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
<h2 id="the-meme-games-presale-amasses-over-364k">The Meme Games Presale Amasses Over $364K</h2> 
The Meme Games is a new meme coin project that has emerged with a unique P2E ecosystem. It involves a gamified presale and offers a chance to interact with the Olympics in a whole new way. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 CRYPTO BREAKING NEWS The Meme Games raises over $100K on opening day of presale. The Meme Games presale raises over $100K in its first 24 hours, capturing attention in the booming memecoin sector. <a href="https://twitter.com/hashtag/partnercontent?src=hash&amp;ref_src=twsrc%5Etfw">#partnercontent</a> check us out @ <a href="https://t.co/8dh137buUp">https://t.co/8dh137buUp</a> <a href="https://t.co/YwzyP2glE4">pic.twitter.com/YwzyP2glE4</a> 
 — InnovatekMobile (@Neome_com) <a href="https://twitter.com/Neome_com/status/1813619814491177134?ref_src=twsrc%5Etfw">July 17, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
The project brings in an exhilarating fusion of the competitive spirit of the Olympics and the vibrant, fun-filled ecosystem of meme coins. Here, investors support a meme character of their choice, which will act as an athlete competing in the blockchain version of the Olympics. If investors’ picks win, they earn a 25% bonus. 
Participants can choose between Dogecoin, Pepe, DogWifHat, Brett, or Turbo and watch them compete for gold medals. Each token purchase lets buyers choose a meme athlete who might win additional tokens. 
As a token holder, you can earn passively through the project’s staking mechanism as well. All you have to do is buy and stake $MGMES for an annual percentage yield (APY) of 567%. 
You can buy $MGMES tokens now for $0.00925 each. With a price hike coming in about five days, buy soon to lock in the best deal. 
<a href="https://insidebitcoins.com/visit/thememegames" rel="nofollow">Purchase&nbsp;$MGMES from the official website here using ETH, BNB, USDT, or a bank card.&nbsp;</a> 
<h2 id="related-news">Related News</h2> 
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 <li style="font-weight: 400"><a href="https://www.linkedin.com/pulse/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye">🚀💰 Are Crypto Presales Worth It? The Pros and Cons You Need to Know! 💸🤔</a></li> 
 <li style="font-weight: 400">&nbsp;<a href="https://www.linkedin.com/pulse/bitcoin-price-prediction-experts-forecast-bullish-trends-calsona-o1vue">🚀 Bitcoin Price Prediction: Experts Forecast Bullish Trends for 2024 📈💰</a></li> 
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/buy-cryptocurrency/best-coins-to-buy-uniswap">10+ Best Coins to Buy on Uniswap in 2024</a></li> 
</ul>

The Toncoin Price Pumps 13% In A Week, But Analysts Say Consider This New Meme Coin For Exponential Gains

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Inside Bitcoins

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