Cardano

Toncoin

April

Avalanche

Toncoin displaced Cardano from ninth place in ranking the largest cryptocurrencies by market capitalization. 
According to data from <a href="https://crypto.news/tag/CoinMarketCap/" target="_blank" rel="">CoinMarketCap</a>, Toncoin (<a href="https://crypto.news/price/Toncoin/" target="_blank" rel="">TON</a>) has overtaken Cardano (<a href="https://crypto.news/price/Cardano/" target="_blank" rel="">ADA</a>), reaching a market capitalization of $23.1 billion against ADA’s $21.5 billion at the time of writing. 
<figure class="wp-block-image size-large">
 <picture loading="lazy" decoding="async" class="wp-image-14264463"> 
 <source type="image/webp" srcset="https://crypto.news/app/uploads/2024/04/Screenshot-2024-04-09-at-19.36.18-1024x601.png.webp"> 
 <img loading="lazy" decoding="async" width="1024" height="601" src="https://crypto.news/app/uploads/2024/04/Screenshot-2024-04-09-at-19.36.18-1024x601.png" alt="Toncoin flips Cardano&nbsp;by market capitalization, reaches new all-time high - 21"> 
 </picture> 
 <figcaption class="wp-element-caption">
 Source: CoinMarketCap
 </figcaption>
</figure> 
The change in the ranking of the top 10 largest cryptocurrencies by market capitalization follows along with the subsequent growth of TON, which again updated its <a href="https://crypto.news/toncoin-price-all-time-high/" target="_blank" rel="">all-time high</a> on April 9 for the second time since the beginning of the month. 
The cryptocurrency reached a high of $7.08 and is trading at $6.63 at the time of writing, up 8.6% over the past 24 hours. 
<figure class="wp-block-image size-large">
 <picture loading="lazy" decoding="async" class="wp-image-14264464"> 
 <source type="image/webp" srcset="https://crypto.news/app/uploads/2024/04/Screenshot-2024-04-09-at-19.38.27-1024x555.png.webp"> 
 <img loading="lazy" decoding="async" width="1024" height="555" src="https://crypto.news/app/uploads/2024/04/Screenshot-2024-04-09-at-19.38.27-1024x555.png" alt="Toncoin flips Cardano&nbsp;by market capitalization, reaches new all-time high - 22"> 
 </picture> 
 <figcaption class="wp-element-caption">
 Source: CoinMarketCap
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="toncoin-makes-strides-amid-upgrades">Toncoin makes strides amid upgrades</h2> 
The price of TON has risen by more than 135% over the past month, while the price of ADA has fallen by 15%. With further decreases, the price of TON is up 183% year-to-date (YTD), while the cost of ADA is down 1.3% YTD. 
Toncoin’s update to new highs follows a series of initiatives by the TON team. The TON Society <a href="https://crypto.news/ton-society-humancode-palm-scanning-identity/" rel="">announced</a> a partnership with HumanCode, developers of AI solutions, to introduce biometric identification in the Telegram messenger. 
The TON community also announced the launch of a one million <a href="https://crypto.news/tag/Toncoin/" target="_blank" rel="">Toncoin</a> incentive program to support the implementation of the new digital verification standard. 
At the end of March, Telegram announced it would <a href="https://crypto.news/telegram-rolls-out-ton-based-revenue-sharing-system/" target="_blank" rel="">integrate</a> payments into TON positively impacted the Toncoin rate. Users can buy advertising in the messenger for an ecosystem token, and content authors can receive rewards for posting ads. 
 You might also like: <a href="https://crypto.news/toncoin-enters-top-10-crypto-by-market-capitalization-overtakes-avalanche/" rel=""> Toncoin enters top 10 crypto by market capitalization, overtakes Avalanche </a>

Toncoin flips Cardano by market capitalization, reaches new all-time high

Mục lục

crypto.news

Các bài viết khác được xuất bản trên 9 thg 4, 2024

Inside the Whales’ Strategy: Choosing NFTFN and Solana for Unmatched Gains This Year

Toncoin (TON) Dethrones Cardano in Top 10 on Major Telegram Expansion

Whales Ramp Up Their USDT, USDC, BUSD and DAI Holdings by More Than 5%; Avalanche Rival Witnesses...

FTX Estate Sells Over Half Its Solana Holdings at 63% Discount, Raising $1.9 Billion

Crypto.com’s Dubai Entity Acquires Full Operational Approval

United States Treasury Seeks More Powers to Sanction Cryptocurrency Exchanges

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!