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Investments in the cryptocurrency Toncoin (TON), issued in The Open Network, have become profitable again thanks to the recent rise in the price of the coin.

In early September, the MVRV (Market Value to Realized Value) indicator, calculated by dividing the market capitalization of an asset by the level of realized capitalization, fell to -18%. This means that TON buyers suffered an unrealized loss of 18%. However, then MVRV started to grow and reached 6.2% on September 14, which means that coin owners calculate an unrealized profit of 6.2%.

Change in the MVRV indicator against Toncoin

People who invested in Toncoin started to suffer losses due to the cryptocurrency's 35% drop after Pavel Durov's arrest in France. Nevertheless, the creator of the Telegram messenger was released on bail, and the price of TON began to rise. Since September 6, the coin has risen in price by 32%, and now its value is $5.69.

However, it is still too early to talk about a turnaround in the Toncoin market. The bearish trend line, which emerged in mid-June, is now at $6.67. Taking into account the dynamics of the asset rate, we can assume that the price of TON will increase by almost 13% from the current value and will reach $6.38. Then the initiative should be taken over by the bears. In this case, the value of the coin will go down again.

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The world's largest cryptocurrency exchange Binance has announced the listing of the Hamster Kombat game-clicker token on the spot market from September 26.

Farming of HMSTR tokens on Binance via BNB asset-stacking and FDUSD stablecoin will be available from September 19, the exchange promised. Hamster Kombat token became the fifty-eighth project of the Launchpool program on the trading platform.

Trading will be open with HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD and HMSTR/TRY pairs. Users will be able to lock HMSTR in the exchange's Simple Earn Locked products to take advantage of a special one-year interest rate, the exchange said.

Earlier, the developers of Hamster Kombat updated the eirdrop section of their Telegram app and added information about conditions that could affect the number of coins handed out to players.

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The Information Office of the State Council of China held a series of press conferences on "Promoting High-Quality Development" last week. Lu Lei, deputy governor of China's central bank (NBK), spoke at them and answered questions regarding the implementation of the digital yuan.

At present, the digital yuan has been tested in 17 provinces ... and has been applied in wholesale and retail trade, catering, culture and tourism, education and medical services, forming application solutions," the official said. As of the end of June this year, the cumulative transaction volume of the digital yuan reached 7 trillion yuan, accounting for nearly $1 trillion.

Lu emphasized the role of the digital yuan in improving financial inclusion and payment efficiency, saying it has "played a positive role in boosting residents' consumption, promoting green transformation and optimizing the business environment." The official stressed that more than 6 years of research and development and more than 4 years of pilot projects have confirmed the reliability of the digital yuan in theory and practice, and its implementation process is generally running smoothly.

In addition, the Chinese central bank is actively participating in a cross-border digital currency project with the central banks of Hong Kong, Thailand and the UAE.

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