TON ATH
Is $TON the future or just another trap?
Ur no bullshxt guide to @ton_blockchain
✅ Price & Ecosystem catalyst
❌ Why it TON might be rekt
🎬 Profitable strategies on #TON right now
📍Quick summary
This is a thread on $TON token, ecosystem + actionable plays
$Ton paints a great picture as a mass adoption coin + rumors of binance listing.
However on-chain adoption wise i think its heavily botted or value per user is low.
Dwf is the marketmaker of ton and their ecosystem likely with a large position along with other VC that got in at ~$US2
As a top 10 mcap coin r/r to just buy $TON at current price might not be great ( i hold a small bag ), exploring ecosystem token is a better r/r bet imo
Thru the rest of the thread i will share
Supporting factors for ✅ bullish & ❌ bearish on ton
Ecosystem plays or farms
( u can be neutral but it's still +EV to find good farms & good airdrops )
✅ Price & Ecosystem catalyst
Rumor & expectation of $TON listing on binance
Ton Open League ( incentive program for dapps ) was quite successful, with increase activity on TON ecosystem
USDT onboarded on Ton eco
❌ Why it TON might be rekt
VC otc deals unlock in q2, q3 avg deal cost ~US2 per token
User count growth is high, but value per user is low imo
Catalyst potentially priced in, the story of TON inviting retail is great but how much retail will come in? TON top 10 already