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Gram (formerly Toncoin) rallies 4.5% after Binance supports rebrand and launches trading tournament

Technical Signals
05 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Gram, previously known as Toncoin, surged 4.5% in 24 hours following its rebranding and Binance's announcement of a GRAM spot trading tournament. This event boosted the token's visibility and trading volume, improving short-term market sentiment. Despite a recent price correction from $2.90 to $1.44, Gram is consolidating in a key Fibonacci retracement zone, suggesting a potential buying opportunity. Traders are advised to watch for a breakout above $1.80 or a retest of the $1.50 support level before buying.

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Chery Group opens Rosslyn Plant in South Africa, boosting local production and jobs for iCAUR brand.

Chery Group opens Rosslyn Plant in South Africa, boosting local production and jobs for iCAUR brand.

Chery Group inaugurated the Rosslyn Plant in South Africa, marking a key step in its global expansion and local market integration. The plant, originally built in 1963, will retain 692 employees and create up to 3,000 supply chain jobs, with producti...

Company Fundamentals
Bullish
37 minutes ago
Bitcoin's 4-year cycle ends as institutional inflows reshape its market dynamics, says Michael Saylor.

Bitcoin's 4-year cycle ends as institutional inflows reshape its market dynamics, says Michael Saylor.

Michael Saylor, chairman of MicroStrategy, declares the traditional 4-year Bitcoin cycle tied to halving and retail demand is over. Bitcoin is evolving into a form of global digital capital driven by large institutional inflows such as spot ETFs, cor...

Market News
Bullish
4 hours ago
U.S. spot Bitcoin ETFs see $527M outflows over four days, longest weekly loss streak since launch.

U.S. spot Bitcoin ETFs see $527M outflows over four days, longest weekly loss streak since launch.

U.S. spot Bitcoin ETFs experienced about $527 million in net outflows over four trading days ending July 2, marking their eighth consecutive week of losses and the longest such streak since their launch. Despite a rebound on July 2 with $221.7 millio...

Market News
Bearish
4 hours ago
XRP Ledger payment volume spikes 1,000% but fails to boost XRP price or market confidence.

XRP Ledger payment volume spikes 1,000% but fails to boost XRP price or market confidence.

In early July 2026, XRP Ledger saw a dramatic 1,000% surge in payment volume, but this spike quickly reverted to normal levels. The surge was likely caused by large internal transfers rather than genuine network growth or new demand for XRP. Despite ...

Protocol Fundamentals
Neutral
4 hours ago
Somnigroup targets $100 price with Mattress Firm buy and Leggett & Platt deal, boosting growth and margins.

Somnigroup targets $100 price with Mattress Firm buy and Leggett & Platt deal, boosting growth and margins.

Somnigroup International has acquired Mattress Firm, the largest U.S. specialty mattress retailer, and is finalizing its acquisition of Leggett & Platt, a major components supplier. These moves aim to create a dominant market position with strong pri...

Market News
Bullish
4 hours ago
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