Toncoin ($TON) Crypto Forecast: Down 5.2% Today

What is Toncoin?

TON is a cryptocurrency token experiencing market volatility. It faced a bearish movement despite positive news and forecasts.

Why is Toncoin going down?

TON crypto is down 5.2% on Aug 5, 2025 17:01

• Profit-taking by investors post recent gains could have caused the bearish movement in TON.
• External factors impacting the cryptocurrency market might have influenced the shift in market sentiment.
• Despite bullish forecasts and positive developments, market dynamics and investor behavior contributed to TON's downward movement today.

TON Price Chart

TON Technical Analysis

TON News

Toncoin eyes ascending triangle support following Verb Technology's $558 million TON reserve plan

Toncoin (TON) is down 6% on Monday despite Verb Technology's (VERB) plans to raise $558 million via a Private Investment in Public Equity (PIPE) offering to establish a TON treasury.

https://www.fxstreet.com/cryptocurrencies/news/toncoin-eyes-ascending-triangle-support-following-verb-technologys-558-million-ton-reserve-plan-202508042000

Toncoin Price Forecast: TON eyes a 20% surge amid increasing Open Interest, whales' buying spree

Toncoin (TON) edges higher by over 1% at press time on Wednesday, adding on the 5% gains from Tuesday, hinting at an uprising from a short-term consolidation phase.

https://www.fxstreet.com/cryptocurrencies/news/toncoin-price-forecast-ton-eyes-a-20-surge-amid-increasing-open-interest-whales-buying-spree-202507300643

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Toncoin Price History

28.04.2025 - TON Crypto was up 13.6%

• Hiring of a Visa veteran to lead TON's global payments push indicates a strategic move towards expanding its utility and adoption, which could have boosted investor confidence.
• The significant price surge of TON amidst reports of a deal between Telegram, Musk, and xAI, as well as a $1.5 billion bond sale, likely generated excitement and attracted more investors to the token.
• Being highlighted in the top crypto predictions for June 2025 showcases positive sentiment and future potential for TON, contributing to the bullish movement.
• The competition among cryptocurrencies like BlockDAG, Litecoin, and Filecoin for the top-performing spot might have indirectly benefited TON, as the overall positive sentiment in the crypto market lifted various tokens, including TON.

28.04.2025 - TON Crypto was up 10.7%

• TON showed significant upward movement today even after recent developments involving Elon Musk and xAI/Telegram, demonstrating its ability to withstand market uncertainties.
• The appointment of a former Visa executive to spearhead TON's global payments initiative likely played a role in bolstering positive market sentiment, highlighting the token's dedication to expanding its utility and adoption.
• The announcement of a $1.5 billion bond sale, coupled with favorable market conditions for cryptocurrencies, may have sparked investor interest in TON, leading to a surge in its price.
• TON's position as one of the top performing cryptocurrencies reflects increasing investor confidence in its potential and long-term sustainability, contributing to its upward trend.

18.05.2025 - TON Crypto was down 5.1%

• TON's bearish movement today can be attributed to the overall sentiment in the cryptocurrency market, where altcoins like TON are facing pressure.
• The breach of key ascending trendlines for TON indicates a potential shift in market structure, leading to increased selling pressure.
• Investors and traders are closely watching TON and other altcoins like Cronos for any further signs of weakness, which could result in a double-digit crash if the bearish signals persist.

16.06.2025 - TON Crypto was up 5.0%

• TON's bullish movement could be attributed to the positive market sentiment towards the debut of tokenized Gold via TON on Bitfinex.
• The introduction of tokenized Gold may have sparked investor interest in TON, leading to an increase in demand and subsequently driving up the price.
• The technical bullish signals observed in TON's price further supported the upward momentum, indicating a potential recovery for the cryptocurrency.

26.06.2025 - TON Crypto was up 5.6%

• The announcement of the partnership between TON Foundation and Kingsway Capital to launch a $400 million treasury reserve likely boosted investor confidence in TON.
• The strategic move to acquire a significant amount of TON tokens indicates a strong belief in the future potential of the cryptocurrency, leading to increased demand and a bullish market movement.
• This partnership not only injects a substantial amount of capital into TON but also signals to the market that institutional investors are recognizing the value and potential growth of the token, driving up its price.

29.04.2025 - TON Crypto was up 11.9%

• TON experienced a strong bullish movement today, likely fueled by positive news and market sentiment.
• Speculation regarding a potential $1.5 billion bond sale and the hiring of a Visa veteran to lead global payments push may have boosted investor confidence in TON despite initial concerns caused by Elon Musk's denial of a deal with Telegram-Grok and xAI.
• The overall positive sentiment in the cryptocurrency market likely played a role in TON's surge in price.
• TON's bullish movement today appears to be influenced by a combination of positive developments and market optimism.

29.04.2025 - TON Crypto was up 11.3%

• TON experienced a strong bullish movement due to the overall positive sentiment in the altcoin market.
• The conflicting information about the xAI deal and Elon Musk's involvement created uncertainty, leading to some price fluctuations.
• Traders' FOMO (fear of missing out) could have initially driven the breakout, but caution is advised as highlighted in the discussions.
• Elon Musk's denial of the Telegram-Grok deal may have caused a temporary dip in TON's price, showcasing the influence of external factors on cryptocurrency movements.

29.04.2025 - TON Crypto was down 5.6%

• The bearish movement of TON may be linked to uncertainties surrounding a significant $300M xAI agreement involving Telegram, which has instilled caution among investors, resulting in selling pressure.
• Despite the initial surge of altcoins like TON, the market sentiment turned negative following Elon Musk's denial of the Telegram-Grok deal, possibly influencing TON's price in a downward direction.
• Warnings issued to TON traders to avoid succumbing to the fear of missing out (FOMO) hint at a potential lack of robust fundamental support for TON's recent price fluctuations, suggesting an upcoming correction.
• While Bitcoin's price remained stable at around $108K, TON's bearish trend suggests it struggled to sustain the positive momentum witnessed in other altcoins like UNI, eventually facing selling pressure.

29.04.2025 - TON Crypto was up 9.4%

• TON surged as altcoins outperformed Bitcoin, indicating a shift in investor interest towards alternative cryptocurrencies.
• The denial of a deal between Telegram-Grok by Elon Musk had a positive impact on TON, showing resilience in the face of market uncertainty.
• Hiring a Visa veteran to lead global payments push boosted confidence in TON's potential for mainstream adoption and increased utility.
• Positive predictions for TON in 2025 also contributed to the bullish sentiment surrounding the token, attracting more investors seeking long-term growth opportunities.

31.06.2025 - TON Crypto was up 5.0%

• TON's price surge can be attributed to the increasing Open Interest and whales' buying spree, indicating growing investor interest and confidence in the token.
• The partnership between the TON Foundation and Kingsway Capital to launch a $400 million treasury reserve could have also contributed to the bullish momentum, signaling institutional support and investment in TON.
• The combination of these factors, along with the overall positive market sentiment towards cryptocurrencies, has likely fueled TON's upward trajectory, leading to the bullish movement observed today.

05.07.2025 - TON Crypto was down 5.2%

• Profit-taking by investors post recent gains could have caused the bearish movement in TON.
• External factors impacting the cryptocurrency market might have influenced the shift in market sentiment.
• Despite bullish forecasts and positive developments, market dynamics and investor behavior contributed to TON's downward movement today.

06.06.2025 - TON Crypto was up 5.0%

• TON's price surge is linked to the rise in active addresses, indicating growing interest and involvement with the token.
• The general positive market sentiment, with other altcoins like Avalanche showing slight improvements, may have played a role in boosting TON's price.
• Overall market optimism towards TON's prospects is evident in the bullish breakout and positive market trend observed today.