Is the new phase of the bull coming?

Price performance Cripto tone In the last seven days, the best is among the top 100.

Why?

The reasons are double: good news received in connection with the telegram, and a sharp jump after a month of suffering.

Cripto tone jump

Among the first hundred cryptocurries per market capitalization, Tons is the only one who crosses 25% gain In the past seven days.

In fact, from a minimum top of $ 2.35 last Tuesday to a maximum of $ 3.66, last night has reached the gain 55%.

However, seven days ago the price was about $ 3, and now it’s just above $ 3.4.

After approaching 7.2 in early December, a long decrease that finished accurately 11. March to $ 2.35.

It is a waste of 67% in just three months, although he followed a profit of 58% since November to begin in December.

The fact, however, is that before Trump’s election victory, its price was not below $ 4.5, while now it was well under that threshold.

Therefore, although the 55% jump in the last two days may seem sensational, in reality it did not even manage to return the price to October values. For now, it just stopped breaking the long phase of falls, without and how much and that the guarantee is that another may not start sooner or later.

Good news for the CRIPTO PROJECT TON

Most likely this jump was in the air.

The decline in the previous months was so strong and so long that sooner or later appeared almost inevitable.

What started that these were good news related to the founder and executive director of the telegram, Pavel Durov.

Durov was arrested in France In August last year. The French authorities accused him that they did not help them fight crime on telegram, especially because the company refused to provide them with information on criminals using a famous messaging application.

Honestly, a few days after the arrest, was released, but with an obligation to stay in France. It should be noted that Durov, who is Russian, also has French and citizenship of the United Arab Emirates.

The news that came out on Saturday is that France returned the passport and has removed the travel banSo much, so Durov has already returned to Dubai, where the company is based.

As soon as the news spread, the price of tons jumped from $ 2.9 to $ 3.5 in a few hours, but the disgusting of the bull effectively stopped there.

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Tons and telegrams

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Officially, Tons (Open network) and its domestic cryptocurstity Toncoin are independent of telegrams.

However, in fact, the fate of tons is closely related to the company.

In fact, for example, a telegram some time ago determined To support only ton BlockCain on your platform, excluding everyone else, including those from Ethereum, Solana and Bitcoin.

The TON project is really stemming from the ASP project of the Open Network Telegram, and from those cryptocurrent grams whose ICO blocked sec 2020. Years.

The ICO official Telegram was launched in 2018. Precisely develop a tone (a telegram open network), and between 2019. and 2020. He stopped the American SEC, making it passed the project. The challenge was taken over by an independent and decentralized project, which is also called tone (open network), but in close contact with telegram.

Community reactions with good news about Pavel Durov

The community and tone telegram reacted very good news about the full release of a pity.

For example, Ton Society has been published post at the official telegram channel in which Durov’s activity in favor Freedom of speech and transparencyEven when politically and personally damaged.

Several other posts of true celebrations were also published on other telegram channels associated with a tonal ecosystem, so that Durovo arrest may play an important role in the impossibility of Toncoin during the last bullrun to surpass all the time in June last year.

However, the most interesting reaction was open interest in Toncoin, which increased by 67%.

Open interest (OI) is the number of derivative contracts that are not yet closed, including the future and options. Therefore measures the interest of the derivative market in relation to the asset.

Although OI variations do not provide pricing indications, they clearly indicate the strengthening or weakening of trade activity. In this case, trading in tony derivatives increased significantly in just two days.