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TON news update: TAC mainnet launch could send the altcoin to $3.50

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 12 Views

TON shows early signs of a breakout, opening the door for a rally to $3.50.

Telegram’s one billion users will be able to interact with Ethereum Virtual Machine (EVM) decentralized apps (DApps) directly within the messenger following the launch of the Tac mainnet on Tuesday. This new feature could boost DApp adoption and asset inflows into the TON network as it lowers the technical barrier to entry for mainstream users.

Could Toncoin (TON) break above its overhead resistance? Let’s analyze the charts to find out.

TON rose above the moving averages and is nearing the downtrend line of the descending triangle pattern.

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