Toncoin is showing signs of significant bullish momentum, with its price reaching $5.6, marking a 27% increase from its lowest point this month.
This surge comes as Toncoin forms a rare bullish pattern, suggesting potential for further growth in the coming weeks.
Additionally, the number of on-chain activated wallets has increased to 34.26 million, providing further evidence of growing interest in Toncoin.
The market dynamics appear to support a potential 2X price increase for TON token as these factors play out.