- Toncoin: Technical Analysis and Forecast
- Pepe: Expected 50% Rally
- Polygon: Investments in Zero-Knowledge Chips
As the crypto market recovers, RCO Finance (RCOF) stands out among major players like Toncoin (TON), Pepe (PEPE), and Polygon (MATIC). In this article, we examine the current trends and technical indicators of these cryptocurrencies.
Toncoin: Technical Analysis and Forecast
In the last 24 hours, Toncoin has shown a 7% increase. According to analysis by TOBTC, the cryptocurrency has been recovering since the recent market crash, especially after the arrest of Telegram founder Pavel Durov. Despite positive momentum, Toncoin lost its position in the top 10 cryptocurrencies by market capitalization, overtaken by Tron. Currently, TON is back at number 9 with a market valuation of $13.7 billion. Over the past week, TON has risen by 9.84%, while the Ethereum-based RCOF is gaining popularity more rapidly.
Pepe: Expected 50% Rally
According to recent data, PEPE may soon experience a significant price increase. On-chain analytics firm IntoTheBlock noted that PEPE's Market Value to Realized Value (MVRV) ratio is 1.34, indicating that the asset may be undervalued. In May, this ratio reached 3.29, suggesting a market peak at the time. Currently, PEPE is trading at $0.0000074, up 12% from its previous level. It is expected that PEPE could reach $0.00001, representing a 56% increase.
Polygon: Investments in Zero-Knowledge Chips
Layer-2 blockchain developer Polygon Labs, in collaboration with Fabric, announced the creation of new VPU servers to accelerate the zero-knowledge proof generation process. Polygon Labs plans to invest $5 million in these servers, which will significantly speed up the development of zero-knowledge technology. As a result of a recent upgrade, the token MATIC migrated to POL, which is currently trading at $0.38.
As the crypto market recovers, various cryptocurrency assets are standing out. Technical indicators suggest potential growth for Toncoin, while Pepe is on the brink of a significant uptick, and Polygon is heavily investing in new technologies. However, it is RCO Finance that demonstrates the most dynamic growth, attracting the attention of new investors.
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