Recent developments in the cryptocurrency market have raised questions about the future prospects of Toncoin, which is trying to hold at the $3.20 support level while another direction – the BullZilla presale – is also drawing investor attention.
Toncoin Price: Support and Dynamics
Toncoin firmly holds support at the $3.20 level, which has become a battleground between buyers and sellers. A sustained push above this level could pave the way for growth up to $3.50 and $4.00.
TON's Two Strategies: Buybacks and Staking
TON Strategy implements a stock buyback strategy and will begin staking its Toncoin reserves. CEO Veronika Kapustina referred to this as a 'disciplined capital allocation playbook.'
BullZilla: Success of the Presale Amid Toncoin
The BullZilla presale has successfully raised over $360,000 and reported sales of over 24.7 billion tokens. This highlights the active interest from retail investors in the face of challenges in the cryptocurrency space.
Toncoin is currently undergoing a crucial phase, defending the $3.20 support level, while the TON strategy with buybacks and staking may demonstrate long-term confidence. Meanwhile, BullZilla stands out against the backdrop of grassroots enthusiasm from retail investors.
