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CFD
Gold
One platform for global traditional assets
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Hot
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Quick staking, earn potential new tokens
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$TON coin has been up more than 100% just in 6 days. Reason behind this pump are as follows.
- Primary reason: Telegram founder Pavel Durov announced Telegram will replace the TON Foundation as the network's largest validator, signaling a "regime change" and deeper integration.
- Secondary reasons: Concurrent network upgrades, including a sixfold fee reduction and faster transaction finality, boosted the utility narrative and on-chain activity.
- Near-term market outlook: If TON holds above the $2.55 Fibonacci support, it could retest the recent high near $2.89; a break below risks a pullback toward $2.22, especially with a $103 million token unlock scheduled for May 24.