Cryptocurrency

Toncoin

April

when

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/usdt-support-added-to-ton-network/" data-wpel-link="internal">USDT Support Added to TON Network</a><br></p>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/unlu-analist-paylasti-gozunuz-bitcoin-ve-bu-2-altcoin-uzerinde-olsun" data-wpel-link="internal">Cryptocurrency</a></strong> world often encounters various developments that can excite investors. The latest development concerns the cryptocurrency Toncoin. <a href="https://en.coin-turk.com/jp-morgan-analysts-suggest-potential-regulatory-pressure-on-tether/" data-wpel-link="internal">Tether</a> has made a statement. Let’s look into the details.</p> 
<h2 style="text-align: justify" id="usdt-support-for-ton-network">USDT Support for TON Network</h2> 
<p style="text-align: justify">In the announcement made by Tether, it was declared that <a href="https://en.coin-turk.com/tether-boosts-bitcoin-holdings-with-significant-purchase/" data-wpel-link="internal">USDT</a> support has been added to the TON network. The company states that all Tether tokens are pegged at a 1:1 ratio with a matching fiat currency and are 100% backed by Tether’s reserves.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="wp-image-342186 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/ton-tether-usdt-coin-turk-com-.png" alt="" width="603" height="751"></p> 
<p style="text-align: justify">Following this development, we see that the price of Toncoin has reached $7.09. There is approximately a 12% increase in price on a daily basis. The peak price level for Toncoin occurred on April 11, when the price reached $7.65.</p> 
<p style="text-align: justify">With the retreat of <a href="https://en.coin-turk.com/the-data-is-clear-the-whales-are-back-in-the-game-is-a-crypto-crash-coming/" data-wpel-link="internal">Bitcoin</a>, the flagship of cryptocurrencies, the TON price had dropped below $5.75, but it has quickly recovered, raising hopes for the future among investors. The Tether development can also be seen as a positive development for TON investors. Lastly, the expanding usage of Toncoin could reflect in its price in the future. Toncoin is currently the eighth largest in the cryptocurrency world.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/usdt-support-added-to-ton-network/" data-wpel-link="internal">USDT Support Added to TON Network</a></h5>

USDT Support Added to TON Network

Table of Contents

COINTURK NEWS

Other articles published on Apr 19, 2024

Nigerian court delays Binance executive bail hearing again

Binance Schedules Key System Upgrade to Boost Performance

Hedgey Protocol Under Cyber Siege, $44.7M Evaporates in Dual Attacks

Shiba Inu Devs Roll Out Major Shibarium Update: Details

What Will Be the Role of Higher ED as AI Encroaches on Tasks Handled by College Grads?

Bitget Wallet Rolls Out BWB Points Airdrop, Strengthening Collaboration with Ethena (19 Apr)

Join our free newsletter for daily crypto updates!