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# CRYPTO ANALYSIS

Why Didn’t TON Follow BTC’s Surge to $90K? A Deep Dive into the Underlying Logic!

KEYTAKEAWAYS

  • Trump’s pro-crypto policies boost the industry, positioning TON to expand influence and restore investor confidence.
  • TON’s ecosystem needs deeper, long-term applications to meet user demands.
  • TON’s success hinges on technology, ecosystem, and market dynamics, aiming to evolve into a diversified application platform.

CONTENT

If TON can successfully transform into a blockchain platform that not only relies on social payments but also encompasses a broader range of applications, it will undoubtedly secure a place in the future crypto market. The realization of this potential may depend on the upcoming market conditions and policy changes.


 

After Trump was elected President of the United States, Bitcoin’s price quickly broke through $92,000, ushering in a bullish market. However, compared to Bitcoin’s short-term price fluctuations, the real long-term driving force for the industry ecosystem is the opening of the “altcoin season”—various tokens in different sectors have gradually become active, once again attracting the attention of investors. Among these sectors, the TON ecosystem remains a focal point.

(Source: Tradingview)

 

Over the past two months, the TON ecosystem had been in a period of adjustment due to the impact of the Durov Paris incident. While meme projects and mini-games within the ecosystem have still been trying to attract users through various activities, market confidence has weakened. Compared to the rapid rebound of BTC and SOL, TON’s price increase has seemed modest. Investors have been left wondering: In the face of this market and policy shift, can TON break through the barriers and achieve deeper development?

 

However, recent market movements indicate that the TON ecosystem is now experiencing a new surge. As Bitcoin reaches new highs, the tokens on the TON chain have also seen long-awaited growth. For example, tokens within the TON ecosystem, such as HMSTR and CATI, have experienced an 80% to 100% increase, and the growth of the TON main coin should not be overlooked. This phenomenon marks the market’s renewed recognition of the TON ecosystem’s potential, offering new opportunities for future growth.

 

POLICY TAILWINDS BRINGING DEVELOPMENT POTENTIAL

 

As Trump’s proposed policies to support cryptocurrencies gradually surface, including the legalization of cryptocurrencies and the support for infrastructure, the ten commitments have undoubtedly injected a strong dose of optimism into the entire industry. These policies not only have a direct impact on mainstream assets like Bitcoin but also provide opportunities for ecosystems such as TON. Especially with TON being backed by Telegram, a global communication giant, the ecosystem is well-positioned to leverage these policy tailwinds to further expand its influence in the cryptocurrency market.

 

However, TON’s development hasn’t been without its challenges. Over the past few years, while TON quickly gained traction thanks to Telegram’s large user base, it still needs to break through several barriers. Technologically, TON’s multi-chain architecture offers unique advantages. Through layered working chains and sharded chains, TON can support high-throughput transactions, laying a solid foundation for the development of decentralized applications (dApps) and payment systems. However, this technical advantage needs to be transformed into user growth through richer application scenarios and real-world use cases.

 

MULTI-SECTOR EXPANSION DRIVING ECOSYSTEM UPGRADES

 

Many projects within the TON ecosystem are still in their early stages, lacking depth and sustainability. For example, early meme projects and simple mini-games were able to attract traffic in the short term, but these lack of innovation have failed to meet users’ expectations. Both users and investors are now more focused on applications that can provide real value and long-term potential. This requires the TON ecosystem to break through in areas such as decentralized finance (DeFi), privacy protection, and data security.

 

One of the most promising projects in the TON ecosystem is Elfbird, or “Elfin Bird.” Unlike the first generation of meme projects and mini-games, Elfbird provides a brand new experience, combining entertainment with actual rewards. Drawing inspiration from Western fairy tales, Elfbird features various cute little birds. Users not only enjoy feeding these fairy-tale birds but also earn bird eggs that can be exchanged for USDT and EGG points. As the birds grow, the rewards they generate for users continue to increase, and the amount of USDT and EGG grows exponentially.

 

More importantly, Elfbird’s reward mechanism is significantly different from previous gaming projects. Bird eggs can be exchanged for USDT and withdrawn at any time, providing users with tangible economic returns. Many players have been earning hundreds or even thousands of USDT daily through Elfbird, fully demonstrating the project’s potential. Additionally, Elfbird has set up generous invitation rewards, allowing players to earn even more USDT through community promotion.

 

For those looking to gain more airdrop opportunities, Elfbird’s EGG points also provide an important channel. EGG points are not only crucial assets within the game, but will also become key indicators for future airdrops across other projects. By exchanging bird eggs for EGG points, players can participate in more airdrops and rewards, further increasing their influence within the TON ecosystem.

 

CAN TON SEIZE THE OPPORTUNITY TO REVIVE BELIEF?

 

Despite some setbacks in the TON ecosystem’s faith, its long-term development potential remains undeniable. Especially with the expected policy benefits, TON has the chance to capitalize on this industry windfall to drive a full ecosystem upgrade. If TON can successfully transition from being a single-use social payment platform to a multi-purpose ecosystem platform, it will secure a place in the future cryptocurrency market.

 

As an integral part of the TON ecosystem, Elfbird, with its innovative gameplay and real economic rewards, will become a major force in driving TON’s resurgence. With the close integration of the TON ecosystem and Telegram, Elfbird and similar projects have the potential to drive a comprehensive upgrade of the TON ecosystem, taking it toward a broader development space.

 

In the future, TON’s development will not only depend on technological advancements and ecosystem construction, but will also be deeply influenced by market conditions and policy changes. For investors, TON is not just a technological platform but a window to observe new trends in the industry. With the push of cryptocurrency policies under the Trump administration, TON may be on the verge of a new explosion, and this explosion could very well be the key to determining whether it can achieve long-term success.

 

 

Read More:

Top Memecoins 2024: What You Need to Know

Dogecoin (DOGE) : King of Memecoins

Dogwifhat (WIF) : A Dog Wearing A Hat

 

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DISCLAIMER

CoinRank is not a certified investment, legal, or tax advisor, nor is it a broker or dealer. All content, including opinions and analyses, is based on independent research and experiences of our team, intended for educational purposes only. It should not be considered as solicitation or recommendation for any investment decisions. We encourage you to conduct your own research prior to investing.

 

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