TONcoin Leaves Shiba Inu in the Doggy Dust, But Bears Are Still Throwing a Party đŸ»đŸš€

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Oy vey! You think crypto is confusing? Try explaining this to your grandmother! Despite dropping 14.31%—which is what I do in the casino most weekends—Toncoin (TON) just leapfrogged over Shiba Inu (SHIB) in the market cap rankings. That’s right, a coin named after a telephone and not a dog has surpassed a coin named after a meme with more bark than bite. And let me tell you, TON hasn’t seen $3.50 in a month. But who’s counting? Other than every investor, of course.

Toncoin tumbles, stumbles, but somehow climbs the crypto ladder

According to CoinMarketCap—which is the only thing traders trust after their gut—TON’s been slipping and sliding down to $3.10, clinging to support levels like they’re dangling off the edge of a subway platform. Yet, even while it’s doing its best impression of a Yo-Yo, TON managed to out-market-cap SHIB. If you’re surprised, welcome to crypto, where logic takes a holiday!

As of this very moment—because you know it’ll change the second you blink—TON’s total market cap sits at $7.9 billion. That’s $130 million more than SHIB, who now looks like it could use a nice long walk and a treat. Meanwhile, SHIB’s market cap—shrinking at 2.07% daily like my hairline—sits at $7.77 billion.

TON slipped from $3.32 in late April, as traders and market wizards pulled their volume out like nervous gamblers taking chips off the table. After a dump so big, I’d call Roto-Rooter, the asset now seems to be consolidating. Or as my cousin would say, “just taking a breather before another schlep downhill.”

Now, if somebody can shake the market awake and get trading volume spiking, maybe TON could stage a comeback that would make Rocky Balboa jealous. It needs to hit $3.35, which in crypto is either tomorrow or never.

Investors are glued to the price, ready to either pop champagne or eat ramen again. If TON dips below $3.10, it could plunge to $2.85. Or, as I call it, discount shopping. But hey, miracles happen: reclaim $3.50, and TON could moon to a market cap of $8.68 billion, even toppling Stellar (XLM). Somewhere, the SHIB army is chewing on their leashes.

Shiba Inu: When the tail stops wagging 🐕

Not to be outdone—or maybe just out of luck—Shiba Inu skidded from $0.00001343 to $0.00001316 in the last 24 hours. That bearish reset? It hit harder than my Aunt Goldie at a bingo game.

Trading volume for SHIB did a disappearing act worthy of Houdini, dropping 27.62% to $119.94 million. This after SHIB exploded across exchanges with over 13 billion tokens, like confetti at Times Square. Now, investors are staring at charts, sweating through their shirts, and waiting for a sign—preferably not from their mother-in-law.

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2025-05-03 15:36