Toncoin (TON), the cryptocurrency linked to Telegram, is experiencing a promising upward trend as it approaches key support levels. Speculators are closely watching the asset, particularly with the upcoming Hamster Kombat Airdrop event, as Toncoin aims for a $10 milestone. A rigorous load test on September 26 will assess the network's capacity, coinciding with the airdrop, which is expected to boost Toncoin’s value given the project's large user base.

Currently trading at $5.82, Toncoin has seen a 3.20% increase in the last day, although it remains below its all-time high of $8.24 from June 15, 2024. Despite modest gains compared to the broader crypto market, interest is growing as the Hamster Kombat airdrop approaches. The overall crypto market shows mixed activity, with Bitcoin maintaining resilience above $63,800.

Technical indicators for Toncoin are showing positive trends. The Chaikin Money Flow (CMF) at 0.25 indicates strong buying pressure, while the Awesome Oscillator has shifted from red to green bars, signaling increasing market momentum. If this bullish trend continues, Toncoin could breach the $6 barrier and aim for a $10 mark, representing a potential 71% increase in a favorable market environment.