TON Price Prediction: Analysts Forecast Future Growth
CryptoNewsTerminal Staff09 Sep, 2024
TON Price Prediction: Analysts Forecast Future Growth
TON, the native token of the Telegram Open Network, has been making waves in the cryptocurrency market lately. According to The Block, Ryan Lee, the senior analyst of Bybit Research, believes that TON has the potential to outperform the overall market in September. He predicts that if market sentiment improves, TON could retest the $6.5~$7 level. However, if sentiment remains negative, TON may continue to trade sideways between $5 and $6. As of writing, TON is trading at $5.12, up by 8.2%, according to CoinMarketCap. This suggests that the market is cautiously optimistic about TON's future prospects. Only time will tell if TON can live up to the analysts' expectations.
