- Toncoin (TON) surges to $7.03, entering the top 10 cryptocurrencies.
- Hamster Kombat’s integration spikes TON’s daily trade volume by 270%.
- TON’s MACD suggests a potential rebound despite easing momentum.
The launch of Hamster Kombat, a tap-to-earn management simulation game, has sparked interest and driven up the value of Toncoin (TON), despite a bearish weekend start.
This surge propelled Toncoin past Cardano, securing its position among the top 10 cryptocurrencies by market capitalization. The game, which utilizes on-chain assets on the TON blockchain, has attracted a massive user base, contributing to TON’s robust performance.
This development led to TON’s price reaching a 7-day high of $7.03 in the last 24 hours. While it failed to break through resistance, bullish momentum remained strong at press time, with TON trading at $6.73, a 6.10% increase from the intra-day low.
Alongside this rally, TON’s market capitalization (ranking 9th) and 24-hour trading volume surged by 5.77% and 269.80% respectively, reaching $16,208,874,781 and $495,972,466.
TON/USD 24-hour price chart (source: CoinMarketCap)