The Toncoin (TON) token launched by the Telegram social network team is the big winner of the day with an increase of up to 11% in its price todayaccording to data from the Coinmarketcap price indicator.
With a price of more than two dollars, TON has managed to capitalize on the good moment that the cryptocurrency market is experiencing today, after the price of Bitcoin surpassed $17k amid the positive inflation data revealed on the day of today in the US
TON is the token that powers the solution developed in 2018 by the encrypted messaging platform Telegram, which was abandoned by the TON Foundation and renamed ‘The Open Network’.
USDN loses parity with the dollar and is the big loser of the day
For his part, the algorithmic stablecoin collateralized to the US dollar USDN Coin (USDN) is the big loser of today, after losing double digits in its parity with the American currency.
In the midst of market uncertainty and after the collapse of the Luna stablecoin in the middle of this year, USDN revives fears for a sector of the market that has been plagued with problems maintaining its peg to the US currency.
It is worth noting that it is not the first time that this stablecoin loses its parity with the dollar, with records dating back to 2020 and more recently in the first half of 2022.
However, the drop of up to 13% in the value of USDN is historically so far (at the time of writing this post), the biggest drop recorded by the stablecoin deployed in
Waves Blockchain, after it showed signs of a brief dip last week due to the loss of support for its trading on some centralized exchanges.
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