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Toncoin Outsmarts Bitcoin (BTC), Ripple (XRP), and Dogecoin (DOGE) in Recovery Phase

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Release: 2024-08-11 03:04:18
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Toncoin, the native coin of The Open Network (TON) and the Telegram ecosystem, is performing better than several of its counterparts.

Toncoin Outsmarts Bitcoin (BTC), Ripple (XRP), and Dogecoin (DOGE) in Recovery Phase

Toncoin (TON), the native cryptocurrency of the Telegram ecosystem and The Open Network (TON), has outperformed several major cryptocurrencies, including Bitcoin (BTC), XRP and Dogecoin (DOGE).

Bitcoin derivative traders might be preparing for another round of market downturn, judging by the recent XRP and DOGE market performance. XRP is currently trading at $0.589, showing a 0.04% increase. However, its market capitalization and trading volume have both decreased slightly, by 0.11% and 46.45%, respectively.

Meanwhile, DOGE has slipped by 0.36% in the last 24 hours and is trading at $0.1042. Its market capitalization and trading volumes have also decreased. Interestingly, the DOGE price decline occurred after Shiba Inu’s lead developer, Shytoshi Kusama, highlighted SHIB’s superiority over DOGE, putting DOGE at a disadvantage.

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