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Cryptocurrency News Articles
Toncoin (TON) and TRON (TRX) Price Analysis: Could These Two Coins Continue to Rise in the Coming Year?
Dec 23, 2024 at 06:00 am
The price of Toncoin (TON) has increased 140% over the past 12 months, hitting a new all-time high beyond the $8 Mark.
The cryptocurrency market has shown signs of recovery from the recent downturn, with some coins like Toncoin (TON) and Tron (TRX) making impressive gains. As the year comes to an end, let’s take a look at the price performance of these two coins and analyze their potential for 2025.
Toncoin (TON) price prediction for 2025
Toncoin has seen a remarkable price increase of 140% over the past 12 months, hitting a new all-time high beyond the $8 mark. However, analysts predict a potential price dip of up to 30% in the coming months. In the past week, TON fell by almost 15% and analysts warn that a further fall below its current $5 support level could lead to a 30% downturn. Today, the Toncoin price is $5.30, down 3.16% with a market cap of $13.51 million.
A more than 30% fall could be concerning, especially for those who bought TON at higher prices. However, analysts remain positive that the fallout could just be a correction phase. They believe Toncoin will move to the next year on a high as the overall crypto market has shown signs of recovery from the recent downturn.
Tron (TRX) price prediction for 2025
Tron has nearly doubled in value over the past 6 months, rising by 98.65% despite a weekly fallout of 19.99%. The coin shows signs of strength, with a current price ranging between $0.24 and $0.33 above the 10-day average of $0.24. An analyst predicts that the coin could move to the nearest resistance level of $0.37 and possibly reach the next level at $0.45, offering higher percentage gains from the current price.
Despite the recent fall in crypto prices, Tron’s resilience and high transaction volumes could lead to a price increase in the coming year. Tron is still trading above its Simple Moving Averages indicating strong upward movement. Today, the Tron price is $0.2454, down 3.43% in the last 24 hours with a market cap of $21.17 million.
Conclusion
As the year comes to an end and the crypto market prepares for a new market rally, some new coins like Monsta Mash ($MASH) are presenting an interesting opportunity for investors. Offering among the highest APY in the market with up to 19%, it has attracted investors’ attention, especially ones interested in long-term holding.
Monsta Mash is a hybrid Play-to-Earn and Tap-to-Earn ecosystem, that offers a diverse selection of games powered by $MASH its utility token. The Tap-to-Earn platform is launching this month. The tapping mechanism keeps players engaged longer as they earn with every completed challenge.
In this game, no prior experience is needed to participate in gaming on the platform as the game follows simple procedures that guide the gamers. Join other gamers to participate in the gaming on the Monsta Mash platform.
Monsta Mash’s presale phase two is 78% sold out. The majority of Investors have secured $MASH while in the second stage at the low price of $0.0018. Its price will double to $0.0036 in the third stage. Hurry and Buy $MASH now before the presale enters the new price in phase three.
Monsta Mash ($MASH) holds great potential to reach $2 in 2025. It could hold the top crown surpassing older coins. Early $MASH investors have the potential to reap maximum returns in a price rally, so take a chance and invest before the token price rises. First-timers are awarded a 30% bonus upon entry.
You can find the Monsta Mash Beta app on the Apple App Store and The Google Play Store
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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