Toncoin (TON) Price Prediction: $6.50 Incoming For TON & Panshibi (SHIBI) Projectory Could Signal A 100x Break-Out

The one way the best crypto investors survive the losses and keep going year after year is their ability to hedge the bears and maximize the profits the bulls bring.

With the latest Toncoin price prediction and experts identifying the 100x breakout potential of the new Panshibi (SHIBI) crypto, savvy investors have found the opportunity to flip their portfolios for significant gains this year.

This article explains why experts are bullish about Panshibi’s profit-driven trajectory and Toncoin price prediction, tipping a possible $6.50 price reach for the TON crypto.

Toncoin Price Prediction

At press time, Toncoin’s price sat at a comfortable $3.35, mirroring a 3.5% growth in the past 24 hours. While this performance indicates a rebound from recent price declines, it is crucial to point out that the trading volume has dropped by 14%, a sign of caution among investors. Despite the drop in volume, the technical outlook for TON remains optimistic.

According to an analysis by AMBCrypto, TON has created an ascending triangle pattern on Toncoin’s hourly price chart. Market analysts consider this pattern a bullish signal, generally suggesting that the value of the crypto (Toncoin) is gearing for a breakout to the upside. Provided that TON can soar through the $3.37 resistance point, there’s a Toncoin price prediction tipping the crypto to hit a potential surge above 7%, rising beyond the $3.60 price mark. If the momentum persists and TON closes a daily candle above $3.40, the crypto could witness a more than 15% rally.

Toncoin’s on-chain data backs a bullish price prediction to bolster this technical analysis. Coinglass reports that the sentiment among investors is mainly optimistic, with many taking long positions in the crypto. At the time of writing, the data shows an over-leveraged number of traders holding long positions at $3.184. Their holdings totalled an aggregate of $1.50 million worth of long contracts. Such a figure is a sign that traders are setting themselves up for a Toncoin upswing.

Meanwhile, there has also been a substantial outflow of Toncoin from exchanges. On-chain data shows $2.34 million worth of tokens leaving the exchanges during this timeframe, suggesting that long-term holders and investors are amassing TON. This move could be in expectation of further price growth. The decrease in exchange supply could support the upward pressure on Toncoin’s price should demand keep rising.

Panshibi (SHIBI) Set To Be The Next 100x Breakout Star Amid Market Turbulence

Panshibi ($SHIBI) presents an innovative hybrid meme project that combines social-fi and AI features. This project enables token holders to take part in adventures, earn rewards, and enjoy exclusive benefits. For most market observers, Panshibi’s mixed use cases are major drivers of its persistent mass adoption.

This project offers a passive income stream through its Stake-to-Earn system, with APYs as high as 1,200% yearly. The token presale holders also enjoy exclusive access to the Bamboo Private VIP Members Club, which is more valuable beyond price predictions. Panshibi’s presale is capped at $10 million and scheduled to run for 60 days before the token launch, with listings on major exchanges guaranteeing market-wide adoption.

For this project, security and transparency are top priorities. Coinsult has audited the project’s smart contracts with zero issues. Panshibi also bolsters investors’ confidence with a 10-year locked liquidity pool and a 2-year team token lock plan. Moreover, this token presale is expected to witness a 1,200% price increase leading to its launch, with predictions of an astronomical 145,000% surge after its listings. This presale has raised more than $1.22 million already. Don’t miss your shot at maximum profits before the next price rises.

You can participate in the Panshibi presale here:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.