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Coinbase Leans in to ICOs, Monad Up First

Coinbase has announced the launch of its own token sales platform, featuring the inaugural token sale for Monad’s MON token. This marks a significant development, reintroducing public token launches to U.S. retail investors for the first time since the 2017 ICO boom. The platform will host monthly sales, starting with Monad’s sale from November 17 to 22, allowing users to purchase tokens using USDC. The allocation for tokens will utilize a bottom-up algorithm to prioritize smaller orders, emphasizing fair distribution. This move signals a resurgence of ICOs in the crypto space, as many projects are expected to seek approval through Coinbase’s platform to gain visibility and attract investment. Coinbase aims to ensure transparency and compliance in this new approach to token sales, indicating a shift towards more structured and regulatory-aligned fundraising methods in the industry.

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Toncoin Price Drops to Key $2.07 Support Level as Selling Pressure Builds

Toncoin has experienced a decline of 2%, reaching a price of $2.07, which continues a week-long downtrend characterized by lower highs and persistent selling activity. The token briefly increased to $2.16 but faced significant resistance at that level, with a trading volume of 3.61 million tokens exchanged.

Toncoin (TON) Price Drops to Key $2.07 Support Level as Selling Pressure Builds

Toncoin has experienced a 2% decline, now trading at $2.07, continuing a downward trend marked by lower highs and persistent selling pressure over the past week. The token briefly reached $2.16 before a reversal, where high trading volume indicated significant resistance. A critical support level is noted at

Toncoin (TON) Price Drops to Key $2.07 Support Level as Selling Pressure Builds

Toncoin fell 2% to $2.07, continuing a week-long downtrend characterized by lower highs and consistent selling pressure. The token briefly spiked to $2.16 before reversing, indicating a strong resistance at that level, with significant trading volume of 3.61 million tokens exchanged during the spike. After holding above