Toncoin (TON), once riding high on the hype of token airdrops, is now facing a steep decline as the initial buzz fizzles out. Meanwhile, rising star JetBolt (JBOLT) is stealing the crypto spotlight, with whales rushing to the trending JetBolt presale. Can Toncoin recover and prevent further price drops, and can JetBolt sustain the momentum from its skyrocketing presale? Read on to find out.
Toncoin at Risk of Deeper Price Dips as Airdrop Buzz Dies Down
For a while, Toncoin’s (TON) popularity soared thanks to its airdrop strategy, which initially grabbed crypto users’ attention. However, as the airdrop dust settled, TON’s price went downward. As of this writing, TON is trading at $5.17, demonstrating a 0.4% price decline over the past 24 hours.
Despite the waning hype over Telegram airdrops, TON has recently seen a surge in on-chain activity. Latest crypto reports reveal that TON now commands 14.37% of active addresses on its blockchain. Some market experts suggest that this increase in active addresses showcases Toncoin's growing user base.
In a parallel development, the global financial platform Revolut now lets crypto users from the European Union (EU) and the United Kingdom (UK) to trade TON tokens. Some analysts suggest this action may contribute to Toncoin's greater accessibility and increased adoption.
Despite Toncoin’s attempts to maintain momentum with a surge in on-chain activity and notable developments, TON’s price consolidation and increasing volatility hint at a bearish market sentiment. Some crypto analysts warn of TON’s further downturn as TON fails to surpass the $5.35 resistance level.
As experts point to possible short-term declines, whales have begun to acquire cryptocurrencies that complement their existing assets. One of the top trending altcoins that whales are accumulating is the rising star JetBolt.
Crypto Whales Rush to the Trending JetBolt Presale
While Toncoin’s hype diminishes, JetBolt’s presale continues to skyrocket. JetBolt (JBOLT) is rapidly positioning itself as one of the noteworthy young altcoins because of its trending presale and game-changing features.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
JetBolt’s groundbreaking features are gaining massive traction, appealing to whales who are diversifying their portfolios. One of JetBolt’s striking features is zero-gas technology, which empowers crypto users to execute transactions without having to pay gas fees.
Additionally, JetBolt offers an innovative AI-powered news and insights tool for token holders. Through this tool, they can stay abreast of the latest news and developments in the Web3 space. This tool is capturing the interest of the crypto community as it blends artificial intelligence with Web3, positioning JetBolt at the forefront of innovation.
JetBolt has already sold more than 40 million tokens since its presale started in August 2024. This is a huge milestone, considering JetBolt is just a young presale crypto coin. Whales are rushing to accumulate JetBolt tokens because of the special perks. Early adopters can enjoy up to 25% additional tokens for token batch purchases, which can be an advantage for large traders who want to hold a significant number of JetBolt (JBOLT) tokens.
As JetBolt showcases its innovations and presale benefits, it has sparked a buying frenzy among new and seasoned crypto buyers. These enthusiasts see JetBolt’s presale as a golden opportunity to get in early before it officially launches.
Final Thoughts on Toncoin and Young Rising Star JetBolt
Toncoin experienced highs during token airdrops. However, as the hype starts to fade, analysts are beginning to see TON’s bearish phase. On the other hand, the new altcoin JetBolt is riding a wave of growing momentum, fueled by its advanced features and presale perks that are catching whale interest.
For those interested to know more about JetBolt’s features and ongoing presale, visit:
Official Website: jetbolt.io
Telegram Channel: https://jetbolt.io/telegram
X/Twitter Page: https://x.com/JetBoltOfficial
This article does not offer any financial advice. Always practice due diligence and conduct comprehensive research before making any crypto-related decisions. All cryptocurrencies carry inherent risks and can be volatile.
