TON Crypto Price Hits Resistance as Infinaeon Placeholder Token Drop Goes Live

TON price dumps despite links to the Telegram community.

The TON price was one of the most successful trades of 2024, as it hit a new all-time high following various collaborations across the Telegram community. Many traders bet big on the TON crypto price because of its connection to hundreds of millions of Telegram users.

TON is the native token of the Toncoin blockchain, a project initially developed by the founders of the popular messaging app, Telegram. It aims to provide a scalable and secure platform for decentralized applications and smart contracts. Last year, TON moved above $8, with a market cap of around $20 billion, reflecting the strong interest and potential of the project.

However, as TON’s technical analysis has moved towards neutral territory from the buy zone, the Infinaeon project has hit several major milestones, including the DEX and mainnet launch. This progress has attracted significant attention from investors seeking promising opportunities in the Layer-2 space.

The INF presale token holders are now preparing for a placeholder token drop, which will confirm the number of tokens a trader holds and allow them to access early staking opportunities. Over 120 INF placeholder tokens have already been airdropped to wallets; the rest are expected to follow shortly.

TON Crypto Price Hits Major Resistance Below $4

In 2024, TON was one of the most successful Layer-1 projects. The TON price hit a new all-time high, well above $8, as Telegram expanded its cryptocurrency features through the Toncoin network. The outcome was a massive rally that saw billions of dollars flow into the ecosystem. Additionally, Toncoin became a leader among Layer-1 networks in terms of utility, as many of the applications built on Telegram leveraged the network directly.

The Toncoin network is a proof-of-stake blockchain that aims to provide a scalable and secure platform for decentralized applications and smart contracts. It is closely associated with the Telegram messaging app, which has over 500 million active users. This large user base provides a potential market for Toncoin-based applications and services.

However, in 2025, the TON rally has run out of steam. A sudden crash sent it plummeting to below $4, and it is now struggling to recover. The token appears to have hit major resistance below the $4 mark, raising concerns about its ability to regain its previous momentum.

Many price predictions now suggest that TON may not be able to make a new all-time high this year. This bearish outlook reflects the challenges faced by TON in a competitive market, where it needs to demonstrate its unique value proposition and attract more users and developers to its ecosystem.

Traders Bet Big On Deflationary Layer-2 Token

Even as the TON price looks to be on course to remain below its all-time high, some whales are adding to their portfolios. One of the main targets of whales appears to be deflationary tokens, and the leader in this niche appears to be the Infinaeon Layer-2 project.

Infinaeon is a scaling project designed to address the limitations of the Ethereum network, such as high gas fees and network congestion. It offers a comprehensive Layer-2 solution, including a decentralized exchange (DEX) and a bridge for seamless asset transfers. The project’s mainnet launched earlier this year, demonstrating its commitment to delivering a functional and efficient platform.

The Infinaeon token (INF) has a maximum supply of 420 million and is expected to launch with a market capitalization of $10.25 million. It is currently undergoing a presale, offering early investors the opportunity to acquire tokens at a discounted price.

INF is a deflationary token, meaning its supply is designed to decrease over time. This is achieved through a burn mechanism, where a portion of the gas fees collected on the network is used to buy back and burn INF tokens.

INF Token Launch Expected in Q1 2025

The Infinaeon presale has been hosted by a series of promotional codes, of which the latest INF60 has now reached its limit. During this promotional period, several considerable whale purchases were recorded, some worth well over $10,000 each. As a result, the presale has nearly raised $1 million out of its $2 million target. The token will go live when the $2 million target is reached or at the end of Q1 2025.

Join The Infinaeon Presale Now

Presale: https://presale.infinaeon.com/

Telegram: https://t.me/Infinaeon/

Discord: https://discord.com/invite/WSy65uAYfd

X: https://x.com/Infinaeon