Toncoin Price Rebounds Post-USDT Issue
This is a news story, published by CoinGape, that relates primarily to USDT news.
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Toncoin Price MayCoinGape
•Toncoin Price Eyes $8 Breakout as TON Network Hits $1 Billion USDT Issuance
65% Informative
Toncoin price plunged 4.6% in the last 48 hours , currently trading at $ 5.63 .
The large circulation of USDT on the TON blockchain boosts liquidity, making it easier for users to trade, exchange, and store value within the network.
With TON reaching a $1 billion USDT issuance, the network will likely experience increased engagement and activity.
The Total Volume Locked ( TVL ) surge to $ 400 M implies growing confidence in the network's DeFi ecosystem.
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