Toncoin Dey Soar on UAE $100K Staking Golden Visa Plan
Toncoin bounce pass 12% for few hours join reach 19-day high afta dem TON Foundation collaborate wit di UAE to launch one $100,000 staking Golden Visa program. Di investors wey dey stake $100,000 worth TON tokens for three years plus pay $35,000 processing fee fit get 10-year residency visa. Di on-chain staking wey decentralize smart contract dey manage for TON blockchain dey give around 3–4% APY. Di visa scheme take away real estate and income requirements plus cover spouses, pikin dem and parents without extra cost and approval fit come within as small as seven weeks. After di announcement, Toncoin reach pass $3.00 small before e drop come round $2.93, showing say resistance dey near di $3.00 level. Di important support zones between $2.70–$2.80 and $2.50 don hold since April, limit di downside risk. Volume indicators like Chaikin Money Flow and Accumulation/Distribution line dey show uneven demand, while historical metrics like Coin Days Destroyed dey point to weak selling pressure since May. Traders see di UAE Golden Visa incentive as one bullish catalyst for Toncoin adoption and price momentum, with possible long entries pass $3.00.
Bullish
Di launch wey dem do for UAE Golden Visa staking program dey likely bullish for Toncoin. For short term, di announcement make di price shoot up fast by 12% reach 19-day high wey near $3.00, as investors rush quick quick to meet di $100,000 stake requirement and secure di 10-year residency benefit. Technical indicators dey show resistance for $3.00 but strong support between $2.70–$2.80, show say downside no too much and e fit breakout if Toncoin fit hold $3.00 as support.
For long term, di on-chain staking wey get 3–4% APY and family coverage wey no get extra cost suppose boost network demand and lock supply for three years, wey go make price stable and get upward momentum. Historical metrics like weak selling pressure for Coin Days Destroyed still dey support di bullish outlook as di visa incentive dey attract both retail and institutional participants.