As Toncoin Price Surges, Investors Are Watching This New Competitor Closely
Bitcoin’s recent $100k surge impacted the growth of several altcoins like Toncoin. Toncoin price has enjoyed positive movements recently, and experts believe there might be more. However, they also believe a new competitor, Bitgert (BRISE), has a more promising path and a potential 40x gain ahead.
This article discusses Bitgert and Toncoin price trajectories, considering factors influencing their price actions and potential movements in the coming months. Keep reading!
Toncoin Price Set for Another Ascent
The Toncoin platform was a part of the Telegram Open Network until it transitioned to The Open Network in 2020 after Telegram’s withdrawal. With a thriving global community and the TON Foundation’s support, Toncoin’s price ascent has remained firm.
Toncoin price actions have remained bullish for a while, thanks to the growth of the Toncoin ecosystem and investors’ optimism. More so, Toncoin price recent growth further affirmed investors, ensuring Toncoin investors remain in profits and anticipate more gains.
Toncoin price currently moves within the $6.33 and $7.22 territory, close to the 10-day simple moving average of $6.54 and narrowly under the 100-day SMA of $6.79. Toncoin price charts show the Relative Strength Index stands at 30.97 while the Stochastic indicator is at 16.40. According to Toncoin price analysts, these figures indicate oversold conditions.
However, despite a 6% drop in Toncoin price over the past week, Toncoin price analysts still believe the 30% rise in the past month is a positive. Toncoin price charts show the closest resistance level is at the $7.65 zone, with a chance to hit a second resistance at $8.53. With the right bullish momentum and timing, the Toncoin price can break through these levels and deliver significant returns.
With the current market condition, this might be a favorable time to believe in Toncoin price potential. Although, there’s a new rival in Bitgert’s BRISE that analysts say can rival Toncoin price potential.
Bitgert’s $BRISE Looks Set for 40x Upswing
Bitgert is a Layer-1 project with revolutionary qualities that set it apart. Bitgert takes it a notch higher with a suite of valuable blockchain products to better its unmatched technical offerings and frequent campaigns for its thriving community of blockchain users and developers.
As a blockchain platform, Bitgert offers developers and blockchain users seamless processing with its lightning processing speed of up to 100,000 TPS and nearly zero gas fees. Bitgert’s technical excellence places Bitgert at the top of the fastest and most efficient L1 projects rank in the crypto space. This Bitgert advantage has seen the Bitgert community rise to over 600,000 members.
Bitgert’s BRISE current value of $0.0000001177 results from an over 100% increase during the latest bull run cycle. Analysts believe this is thanks to the Bitgert blockchain and $ BRISE’s appeal. Also, the recent Bitgert community campaigns and introduction of an AI Auditing platform and BrisePump means Bitgert’s $BRISE looks set for a further 40x breakout. Time to make your move?
Grab your own $BRISE token at Bitget, Gate.io, PancakeSwap, MEXC, and KuCoin!
Step 1: Register on the exchange
Step 2: Choose a payment method
Step 3: Buy $BRISE
Buy $BRISE on the Bitgert website today. Visit bitgert.com.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
