The Bitcoin halving event this week has revitalized the cryptocurrency market, pushing prices higher. Toncoin (TON), Solana (SOL), and Sui (SUI) stand out with strong performance indicators, suggesting substantial upside potential. These Layer 1 altcoins to buy could be the key to turning $1000 into $5000 in the wake of the Bitcoin halving.
1. Toncoin (TON)
Toncoin (TON), developed by Telegram, is transforming the blockchain landscape with its robust layer-1 technology. Renowned for scalability and user-friendliness, this blockchain is tailored for a large user base. It offers minimal transaction fees and boasts rapid processing times.
Toncoin price chart
Currently, the price of Toncoin stands at $7.11, marking an 8% increase in the last 24 hours and a 24% rise over the week. This growth indicates a strong bullish trend. Now ranked 8th on CoinMarketCap, TON’s market capitalization has reached $24.76 billion, surpassing Dogecoin (DOGE) and securing its position as the eighth-largest c
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