The Open Network (TON) has been one of the leaders in the cryptocurrency world in the past week. The network token of popular instant messaging platform Telegram has gained traction after posting a two-month weekly rise of 32%.

TON’s meteoric rise was due to a number of strong fundamental events. Digital assets have grown by leaps and bounds, which indicates a remarkable growth in their ecosystem. Below, we review the fundamental strength behind the digital currency and if a new crypto project promises a better return in the coming weeks.

TON joins Atomic Wallet

Looking at the broader crypto market crash, Several projects saw their underlying strength weaken as investors became more cautious. However, TON did not slow down and continued to integrate its network. One such feature is its recent integration with the Atomic Wallet system.

As announced in a recent tweet, the TON blockchain can now be accessed through a self-custody cryptocurrency wallet. This will allow users to interact directly with ERC-20 token on the atomic wallet space. The partnership is expected to officially start early next year, but the cryptocurrency market has reacted positively to the news.

Hello, @tweet to me @tweet⚡️ Toncoin prides itself on super-fast transactions, low fees, and easy-to-use native apps.

Manage and share tons of dollars (ERC20)! The partnership with Mainnet is planned for early next year. pic.twitter.com/Hutzk7jAVY

– Atomic – Crypto Wallet (AtomicWallet) December 16, 2022

This comes after a CoinMarketCap report indicating that more than 250,000 investors have already added the TON asset to their watchlist.

More than 250 thousand @tweet Users have added Toncoin to their watchlists!

You can also keep track of your favorite currency by following Toncoin #CMC.tons of dollars

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⭐️ https://t.co/PMivemA8Od pic.twitter.com/8jHpNNK3ju

– TON (ton_blockchain) December 15, 2022

Biget TON lists

After completing its integration engine, TON crypto has made another major listing for the centralized crypto exchange. This time, it is one of the best global bitcoin exchanges, Bitget. As announced in a December 14 tweet, Bitget’s 10 million customers will be able to deposit TON and withdraw TON assets on December 21.

#Bitget completed tons of dollars Mainnet integration and activation of deposits and withdrawals. @tweet

☑️ Launchpool 14th starts on December 21st tons of dollars

Check out the details. https://t.co/EWq1I4Q8h3 pic.twitter.com/3URQ81vSix

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– Bitget (@bitgetglobal) December 14, 2022

Another cryptocurrency trading platform expanded its TON trading options last week. According to the tweet, Gate.io clients can now trade TON/USDT perpetual futures contracts.

The # Toncoin / USDT The pair is now available for perpetual futures contracts @tweet.

👉🏼 https://t.co/iZ2gVGj7tZ

congratulations! 🎉tons of dollars

– TON (ton_blockchain) December 14, 2022

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TON Technical Analysis

Developed by Telegram, TON is a layer-one blockchain network that aims to bring together billions of users. The platform offers ultra-fast transactions, low fees, and intuitive and environmentally friendly decentralized applications (dApps).

The TON encryption It recently resurfaced after being dumped by the Telegram team due to legal issues with the US Securities and Exchange Commission (SEC). Despite its volatile past, crypto assets have continued to perform in an even larger bear market.

At press time, TON is trading at $2.43, which indicates an uptrend of 1.79% in the last 24 hours. Although this may sound trivial, digital assets are traded higher than broader assets. crypto market. Its impressive trajectory is best shown in its seven-day performance, which is up 32% year to date.

Its one-month growth rate increased to 41.9%, with its year-to-date performance of 19.55%.

Technically, TON is above all of its moving averages (MAs), which range from 10 days to 100 days. The Relative Strength Index (RSI) is also in the under-bought area at 59.5. This means that there is a continued opportunity for an upward trend push.

The Moving Average Convergence Divergence (MACD) is currently decreasing from a sell signal, which means that investors are returning to the market.

While TON showed strong technical and fundamental performance, a new crypto project is attracting the attention of many investors. Since it is currently in a pre-sale stage, value-driven investors can buy low for higher margin gains.

FightOut – The new M2E Fitness Web 3 app

according to Statista Per the report, the health fitness industry is currently worth $96 billion. However, the healthcare industry has been slowing down due to a lack of ground-breaking technology, and FightOut appears to be the answer, as it includes healthy and regular fitness frameworks to boost the space.

The blockchain project is a Move-to-Earn (M2E) sports game series that fuses real-world workouts with competition in the metaverse. The platform directly tracks the health of its users through a fitness app while giving them a community to connect with.

Although it is not the first M2E project-FightOut is unique. It is a short term M2E project. According to the development team, the pre-render is only set for one stage. In this way, only a limited number of investors can purchase the next STEPN product.

📣 It’s official # PhytoTekru!

We’ve reached another milestone – we’ve raised over $2 million! 🔥

Buy now and get up to 50% bonus with $FGHT!

Don’t miss out! 👊⬇️https://t.co/xwthuHJbBG pic.twitter.com/1lXXlwWG8l

– FightOut (FightOut_) December 16, 2022

So far, the FightOut Project He has already secured over $2 million in investments. This indicates the strong investor interest and the huge potential it offers.

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