TON Foundation Appoints Former Nike, Apple Exec as Marketing Chief

  • Toncoin (TON) has risen over 4.5% in the past 24 hours, with a 20% surge in trading volume.
  • The rally follows TON Foundation's appointment of Gerardo Carucci as Chief Marketing Officer to enhance global brand strategy.
  • Carucci, with experience at Apple and Nike, aims to position TON as the financial backbone of Telegram.
  • Pavel Durov supports TON, advocating for financial freedom through decentralized tech and foreseeing Bitcoin reaching $1 million.
  • Originally launched in 2018–2019, TON faced US regulatory issues but continues to be integral to Durov's vision for Telegram.
  • TON is currently consolidating within a descending triangle pattern, trading at $2.72, with support at $2.67.
  • A breakdown could lead to targets between $1.80–$2.00, while a break above $3.20 may trigger a bullish trend towards $5 or even $8.

TON weekly price action within a descending triangle | Source: TradingView