Hope

Toncoin

Stellar

Rise

<p>Toncoin (TON) and BLUR tokens exhibit contrasting performances in 2024. TON significantly outperforms Bitcoin by 118%, showcasing its robust growth. Meanwhile, BLUR struggles at critical support levels, testing investor patience.</p>
<h2 class="wp-block-heading" id="strong-toncoin-s-stellar-rise-strong"><strong>Toncoin’s Stellar Rise</strong></h2>
<p>Toncoin (TON) has emerged as one of the best-performing layer 1 blockchains in 2024. According to CryptoQuant.com, TON has outperformed Bitcoin by 118% since the beginning of the year. This performance places TON ahead of other popular layer 1 blockchains that have struggled to gain traction.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24TON&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$TON</a> is among the best-performing layer 1 blockchains in 2024<br><br>“Since the beginning of 2024 <a href="https://twitter.com/ton_blockchain?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@ton_blockchain</a> has outperformed <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#bitcoin</a> by 118% while other popular layer-one chains have struggled to find strength.” – By <a href="https://twitter.com/BenSizelove?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@BenSizelove</a> <br><br>Read more <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/qbbqUSVIIp" target="_blank" rel="noopener noreferrer nofollow">https://t.co/qbbqUSVIIp</a> <a href="https://t.co/iNnnxQTuZc" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/iNnnxQTuZc</a></p>— CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1790416387711680740?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 14, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Besides, the strength of TON against both USD and BTC values highlights its potential. Along with Binance Coin (BNB), TON is among the few major layer 1 assets that have managed to outperform Bitcoin in 2024. The relative strength of TON against Bitcoin, combined with the network effect of Telegram, makes it worth monitoring this bull run.</p>
<p>Investors looking at Toncoin should consider several factors before making a decision. Strong on-chain and technical fundamentals are essential, including transactions, active users, applications, and tokenomics. Additionally, the token should be in an uptrend against its USD and BTC values. At press time, TON trades at <a href="https://www.coingecko.com/en/coins/toncoin" target="_blank" rel="noopener noreferrer nofollow">$6.74</a>, an 11.67%value uptick in the past week.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-blur-navigating-uncertain-waters-strong"><strong>BLUR: Navigating Uncertain Waters</strong></h2>
<p>In contrast to TON’s stellar performance, BLUR is facing a challenging period. <a href="https://x.com/ygcrypto/status/1790701436625633594" target="_blank" rel="noopener noreferrer nofollow">According to YG crypto</a>, BLUR continues to navigate a descending channel and is currently testing a critical support zone between $0.3660 and $0.3100. This zone historically represents the last line of defense before a steeper drop for BLUR.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="444" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-1024x444.png" alt="" class="wp-image-491577" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-1024x444.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-300x130.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-768x333.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-1536x666.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-2048x888.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-346x150.png 346w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-100x43.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-807x350.png 807w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445-788x341.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-445.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>However, despite the easing downtrend, there is no clear bullish signal yet. A breakout above the channel is crucial for a potential reversal. Observing the support levels and monitoring any signs of a breakout will be key for investors interested in BLUR.</p>
<h2 class="wp-block-heading" id="strong-market-dynamics-and-future-outlook-strong"><strong>Market Dynamics and Future Outlook</strong></h2>
<p>The contrasting performances of TON and BLUR highlight the dynamic nature of the cryptocurrency market. While TON’s strong fundamentals and network effects drive its success, BLUR’s struggle with support levels underscores the importance of technical analysis and market sentiment.</p>
<p>Toncoin’s exceptional performance and BLUR’s critical support levels offer valuable insights into the diverse world of cryptocurrencies. TON’s strength against both USD and BTC, coupled with its network effect, makes it a notable contender this year. Conversely, BLUR’s current challenges emphasize the need for careful monitoring and analysis.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/crypto-experts-predict-imminent-altcoin-surge-time-to-buy-key-metrics-to-watch/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Crypto Experts Predict Imminent Altcoin Surge: Time to Buy? Key Metrics to Watch</em></strong></a></p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/toncoins-ton-outperforming-bitcoin-while-blur-faces-this-make-or-break-support-with-dim-hope/" rel="noopener noreferrer nofollow">Toncoin’s TON Outperforming Bitcoin, While BLUR Faces This Make or Break Support With Dim Hope</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Toncoin’s TON Outperforming Bitcoin, While BLUR Faces This Make or Break Support With Dim Hope

Table of Contents

CaptainAltcoin

Other articles published on May 16, 2024

Greed returns to market as Bitcoin skyrockets 7% on CPI data

Bonk Gains Momentum with Bithumb Listing

PEPE whale reaps 8x profit amidst new ATH: Should you sell as well?

Polygon (MATIC) Price All Set For 30-40% Rally

French regulator warns investors Bybit provided services ‘illegally’

Pro-XRP Lawyer John Deaton Blasts Warren and SEC Over Crypto Regulation

Join our free newsletter for daily crypto updates!