Toncoin (TON) emerges as top gainer, strong buy signal surfaces
Toncoin (TON) gained bullish momentum over the past week as positivity around the asset grows strong . TON registered 8.7% gains in the past 24 hours and is trading at $2.63 at the time of writing. The asset’s market cap surpassed the $9 billion mark with the recent surge, marking an 11-month high. TON price, social volume, and open interest – Nov. 8 | Source: Santiment The surge comes after Telegram founder Pavel Durov announced the giveaway of 10,000 premium subscriptions to his messenger app. According to his post, Durov purchased the premium accounts for TON coins worth roughly $200,000. You might also like: Custodia Bank announces Bitcoin custody platform launch On Nov. 3, the Dubai Financial Services Authority approved using TON and XRP in the regulator’s region. Consequently, the positive sentiment around TON has triggered a strong “buy” signal . According to data provided by the market intelligence platform Santiment, Toncoin’s p...