Toncoin was the day’s biggest gainer in the top crypto currencies, adding 13.55 per cent in the 24 hours leading up to $1.92

Toncoin led gainers in the top crypto currencies by market capitalisation, adding more than 13 per cent after the project announced its collaboration with Telegram. Bitcoin and Ether were little changed, but market analysts are looking at September as a time for strategic Bitcoin accumulation.

Toncoin was the day’s biggest gainer in the top crypto currencies, adding 13.55 per cent in the 24 hours leading up to $1.92. This brings the coin’s weekly gains to 9.99 per cent.

Toncoin started gaining after the protocol announced its partnership with Telegram messaging app, making the token available to more than 800 million Telegram Wallet users.

Bitcoin was little changed during afternoon trading in Asia, trading at $25,885. Bitcoin’s broadening daily range could be a sign of heightened volatility, stated Vetle Lunde, a senior analyst at K33 Research.

The market dramatically underrates the impact of U.S. BTC ETFs and, in extension, futures-based ETH ETFs, wrote Lunde in a K33 research report shared with Forkast.

In September, few catalysts await, offering a solid opportunity for strategic positioning ahead of an October packed with market-moving events, Lunde added.

Ether, the world’s second-biggest crypto currency, gained 0.36 per cent in the past 24 hours to $1,585, after dropping below the $1,600 psychological mark yesterday.

The total crypto market cap over the past 24 hours increased 0.43 per cent to $1.03 trillion while market volume dropped 15.13 per cent to $32.09 billion, according to CoinMarketCap data.

In NFTs, Polygon became the second-biggest blockchain network by 24-hour NFT sales volume, gaining 40.22 per cent to $1.22 million, strengthened by a 124 per cent jump in the DraftKings collection that generated $943,123 in sales for the network, becoming the biggest collection by daily sales across all chains.

Ethereum’s 24-hour NFT sales increased 7.75 per cent to $5.7 million, as sales for the Milady Maker rose 192 per cent to $724,055, making it the third-biggest NFT collection across all blockchains by 24-hour sales volume.