TON Scores Bullish Binance Listing, Can TON Price Hit a New ATH at $10 Following Listing Launch?

  • Binance announces the listing of TON on its exchange under a seed tag.
  • The listing will go live soon with four selected trading pairs.
  • The price of TON is expected to surge bullishly after listing, can TON price hit $10?

Exciting news for The Open Network (TON) today as Binance announces the listing of TON on the Binance exchange. The news is already receiving bullish action despite the fact that TON is being listed on Binance with the Seed Tag applied. 

Based on the official announcement from Binance, Binance will list Toncoin (TON), the native cryptocurrency of The Open Network with four spot trading pairs on August 08, 2024, at 10:00 (UTC). The new spot trading pairs include TON/BTC, TON/USDT, TON/FUSD, and TON/TRY.

Users on Binance interested in trading TON with the pairings mentioned above can already start depositing their TON holdings on the Binance crypto exchange to prepare for trading once launched. In addition, withdrawals for TON will begin on August 09, 2024, at 10:00 (UTC).

Also addressed in the official Binance announcement is the TON listing fee which is 0 BNB which means that there is no TON listing fee for this initiative. Along with the official notice are a few notes that confirm the see tag application on TON and a few other short notes.

Presently, the price of TON according to CoinMarketCap analytics is $6.12 with a total market cap of $15,408,770,572 and a 24-hour trading volume of $479,812,225. The altcoin set an ATH of $8.24 two months ago and rose as a top 10 cryptos according to market cap earlier this year making it a highly coveted and bullish asset for a parabolic pump this crypto bull cycle. 

The news following this announcement has already fueled the assets pump. TON is up by 5.86% over the last 24 hours and will likely continue to rise after the Binance listing goes live. Will TON set a new ATH of $10 this month and can it go beyond that to $30 at the peak of this ongoing crypto bull cycle?  

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