Coin Edition -
- Toncoin (TON) surges to $7.03, entering the top 10 cryptocurrencies.
- Hamster Kombat’s integration spikes TON’s daily trade volume by 270%.
- TON’s MACD suggests a potential rebound despite easing momentum.
The launch of Hamster Kombat, a tap-to-earn management simulation game, has sparked interest and driven up the value of Toncoin (TON), despite a bearish weekend start.
This surge propelled Toncoin past Cardano, securing its position among the top 10 cryptocurrencies by market capitalization. The game, which utilizes on-chain assets on the TON blockchain, has attracted a massive user base, contributing to TON’s robust performance.
This development led to TON’s price reaching a 7-day high of $7.03 in the last 24 hours. While it failed to break through resistance, bullish momentum remained strong at press time, with TON trading at $6.73, a 6.10% increase from the intra-day low.
Alongside this rally, TON’s market capitalization (ranking 9th) and 24-hour trading volume surged by 5.77% and 269.80% respectively, reaching $16,208,874,781 and $495,972,466.
TON/USD 24-hour price chart (source: CoinMarketCap)
Hamster Kombat Growth and User Engagement
Hamster Kombat has gained popularity on social media platforms, particularly on Telegram, by leveraging the app’s native sharing features. The game has attracted over 60 million players, with 24 million daily active users. Additionally, the Hamster Kombat YouTube channel garnered 10 million subscribers in just seven days.