Toncoin (TON) continues to move unshaken as the crypto market swings steadily into a recovery phase. After consecutive rounds of market dips Toncoin was one of few that did not dip as much alongside NOT and JASMY.
Read CRYPTONEWSLAND onPresently, the price of Toncoin (TON) is once again on an upward trajectory and it looks like the pump this time is in thanks to a new project launching on the TON blockchain. As we can see from the post above, the Tapswap Network will launch on the TON blockchain.
Could this launch be the reason behind the ongoing TON price pump? Based on responses to the post the TON community seems quite bullish as more projects launching on chain will mean more activity for the TON ecosystem.
In detail, Tapswap is a Telegram-based game that is launching on The Open Network (TON). After the roaring success of Notcoin and the ongoing Hamster Kombat hype, Tapswap and Yescoin are set to make their debut next.
In particular, how Tapcswap works is users will tap a golden coin on their smartphones through the Telegram mini game and earn in-game coins for enhancements and upgrades. The project claims about 50 million players.
No doubt Toncoin became one of the most popular altcoins this cycle and the fruits of all the on-chain building for The Open Network has finally come to light this year. Most importantly, the asset has taken the top 10 crypto rank bringing global recognition for the crypto.
According to CoinMarketCap, the price of TON stands at $7.83 which is up by 3.5% over the last 24 hours, and over by 22.2% over the last two weeks. Currently, it boasts a market cap of $19,049,248,797 and a 24 hour trading volume of $526,693,153.
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