Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Toncoin eyes $2 as community cheers Cocoon launch on TON

Toncoin eyes $2 as community cheers Cocoon launch on TON

CoinjournalCoinjournal2025/12/02 18:42
By:Coinjournal
Toncoin eyes $2 as community cheers Cocoon launch on TON image 0
  • A bounce for altcoins sees Toncoin price recover above $1.50.
  • The integration of Cocoon has boosted bulls and could allow for a retest of $2.00.
  • TON is the cryptocurrency token of the Telegram ecosystem.

Toncoin (TON) has reclaimed the $1.50 level as a broader market rebound lifts sentiment across major cryptocurrencies.

TON was trading near $1.51 on Tuesday, up about 1.5%, after Cocoon — a decentralized confidential compute network — went live on The Open Network.

The launch is viewed as a significant step for the TON ecosystem and aligns with Telegram’s push toward a private, decentralized AI framework.

The development has provided a fresh catalyst for bullish momentum, with the community looking to build on the optimism and potentially drive TON higher in the sessions ahead.

Toncoin price: bulls eye momentum above $1.50

Toncoin slipped sharply after months of consolidating below $3.50 and $4.00, with sellers driving the token to a low of $1.45 on Monday, December 1, 2025.

The move mirrored the broader market’s November slowdown and the weaker start to the new month.

A modest recovery has followed. TON has edged back above $1.50, even as 24-hour trading volumes across major exchanges have fallen by about 10%.

The rebound is limited, but it gives buyers a narrow window to attempt a stronger move.

A continued bounce could open the way for a push toward $1.60, which may allow Toncoin to retest and potentially flip the earlier resistance zone around $2.36 into support.

Toncoin eyes $2 as community cheers Cocoon launch on TON image 1 Toncoin price chart by TradingView

TON integrates Cocoon for AI compute

Although Toncoin’s price remains vulnerable below $2.00, both traders and long-term holders are celebrating the arrival of Cocoon.

It is about real utility that ties GPU supply directly to TON token economics.

Per latest details , Cocoon has officially begun processing live user requests.

With the launch, the platform becomes the first decentralized artificial intelligence project on TON to offer fully confidential AI inference at scale.

Notably, the network enables GPU owners worldwide to rent out their hardware for privacy-preserving AI workloads, earning TON tokens as direct compensation.

Using Trusted Execution Environments (TEEs) and zero-knowledge proofs, Cocoon ensures that sensitive data never leaves the secure enclave.

In short, it eliminates the privacy risks and high costs associated with centralized providers like AWS or Google Cloud.

Telegram itself is Cocoon’s anchor client and first major user, routing select AI features through the decentralized network to guarantee end-to-end confidentiality for its nearly one billion users.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

COAI Experiences Significant Price Decline and Its Impact on the Market

- COAI index plummeted 88% YTD in 2025 due to governance failures, regulatory uncertainty, and speculative trading. - C3.ai leadership issues and CLARITY Act triggered sector-wide selloffs, while 88% token concentration enabled market manipulation. - AI-generated disinformation accelerated panic selling, exposing systemic risks in AI-driven crypto ecosystems. - Investors now prioritize diversified portfolios, transparent governance, and blockchain verification tools to mitigate AI-era risks. - Alternative

Bitget-RWA2025/12/08 14:50
COAI Experiences Significant Price Decline and Its Impact on the Market

The Emergence of Hyperliquid (HYPE): Unveiling the Driving Force Behind Its Latest Price Rally

- Hyperliquid's HYPE token surged to $37.54 in Nov 2025 via DeFi 2.0 upgrades and regulatory alignment, but later retreated to $30–$31 amid unlocking pressures. - Institutional staking (425,000 HYPE) and 11% HLP yields boosted TVL to $5B, creating a "liquidity flywheel" while aligning with CLARITY Act/MiCA compliance frameworks. - November's 23.8% token unlock ($11.9B potential liquidity) triggered $2.2M team sales and 23.4% OTC dumping, weakening HYPE's price stability despite 40% re-staking. - Buybacks a

Bitget-RWA2025/12/08 14:50
The Emergence of Hyperliquid (HYPE): Unveiling the Driving Force Behind Its Latest Price Rally

The Influence of Evolving Academic Research on Industries Powered by STEM

- Global STEM education investments strongly correlate with tech sector growth, boosting employment and innovation in computing, engineering, and advanced manufacturing. - U.S. STEM funding cuts risk lagging behind China in talent pipelines, while OECD data links higher STEM graduates per capita to increased GDP per capita. - Educational R&D innovations like AI-integrated programs show 20-75% operational efficiency gains, mirroring tech industry productivity demands. - Persistent challenges include 411,500

Bitget-RWA2025/12/08 14:32
The Influence of Evolving Academic Research on Industries Powered by STEM

COAI Token Fraud and Widespread Dangers in DeFi: Urgent Need for Stronger Protections for Investors

- COAI token's 2025 collapse caused $116.8M losses, exposing DeFi's systemic risks in algorithmic stablecoins and governance. - Project exploited centralized reserves and opaque protocols, with 87.9% tokens controlled by ten wallets enabling market manipulation. - Regulators struggle with cross-border enforcement as Southeast Asia remains a crypto fraud haven despite U.S. and EU reforms. - Investors now prioritize transparent, overcollateralized stablecoins and use blockchain analytics to detect supply con

Bitget-RWA2025/12/08 14:32
COAI Token Fraud and Widespread Dangers in DeFi: Urgent Need for Stronger Protections for Investors
© 2025 Bitget