TON Analyst
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Your source for the latest news, insights, and updates on The Open Network (TON). Stay informed on blockchain developments and market trends with expert analysis and concise coverage.
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๐Ÿš€ TON Foundation Injects $24 Million to Boost DeFi on Telegram-Linked Network ๐Ÿ’ธ

The TON Foundation, the organization backing Telegramโ€™s blockchain of choice, announced a fresh $24 million contribution to its DeFi incentive program, pushing the program's total value past $75 million! This move aims to attract more traders and liquidity providers to the growing TON DeFi ecosystem.

Initially launched in April with 11 million Toncoin (worth about $53 million today), the program now sees an additional 5 million TON, specifically earmarked to reward liquidity providers in pools on STON.fi and DeDust, two of the largest AMM DeFi protocols on the TON network. ๐ŸŒ

๐Ÿ’ก How It Works
Liquidity providers in pools of TON and USDT, tsTON and USDT, or stTON and USDT will be rewarded with TON tokens. The goal? To create optimal conditions for liquidity providers and stimulate the development of DeFi farming strategies on TON. ๐ŸŒพ

TONโ€™s DeFi push comes after the integration of Tether (USDT) with the TON blockchain and Telegram Wallet app earlier this year, enabling users to park funds in a stable, dollar-linked currency.

#TONDeFi #TON #Telegram
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๐Ÿš€ Hamster Kombat Teases HMSTR Token Listing on Bitfinex ๐Ÿน

A recent post in the Hamster Kombat Telegram community hinted at a potential Bitfinex listing with a meme of a superhero hamster wearing the Bitfinex logo and the message โ€œWitnessed the birth of Bitcoin.โ€ ๐Ÿฆธโ€โ™‚๏ธ๐Ÿ’š This playful hint sparked speculation that HMSTR token may soon be listed on the exchange.

Like Binance, Coinbase and Kraken, Bitfinex is a top platform for major crypto listings. While no official details were shared, the post quickly gained over 3 million views and 100,000 likes! ๐Ÿ“ˆ

The Hamster Kombat team is also preparing for an airdrop on September 26, with 60% of tokens going to community members and 40% allocated for market liquidity. ๐Ÿ’ฐ

#HamsterKombat #Listing #Bitfinex
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TONCoin Price Outlook: What's Next for This Promising Crypto? ๐Ÿ“ˆ

TONCoin, the blockchain project originally developed by Telegram, has been gaining significant momentum in the cryptocurrency market in 2024. Its strong focus on decentralized applications and a growing ecosystem has attracted increasing interest from investors and developers alike.

Over the past 24 hours, TON has seen a 2.5% price increase, reflecting its resilience amid broader market fluctuations. ๐Ÿ“ˆ

Hereโ€™s whatโ€™s fueling this upward trend:

๐Ÿ”น Market Expansion: As blockchain adoption accelerates, TONCoin's utility as a key player in decentralized platforms continues to rise, potentially boosting its market value even further.

๐Ÿ”น Price Projections: Analysts remain optimistic, predicting that TON could reach new milestones by the end of the year. Some forecasts suggest a steady climb as the coin establishes itself as a major contender in the crypto world.

๐Ÿ”น Community Growth & Ecosystem Development: With a vibrant and expanding community, TON's ecosystem is flourishing. New projects built on the TON blockchain further strengthen its appeal, adding long-term value and driving adoption. ๐Ÿ’ฅ

As TONCoin continues to make waves, it remains a project to keep an eye on, whether you're a long-term investor or a short-term trader. Stay tuned for more updates as this promising cryptocurrency evolves. ๐Ÿ”ฅ

#TONCoin #TONGrowth
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Binance Adds Toncoin to Simple Earn Locked with Rewards up to 5.9% APR ๐Ÿ’ฐ

Binance has expanded its Simple Earn offerings by adding TON to the Locked Products, allowing users to earn up to 5.9% APR by locking TON for different time periods. ๐Ÿ“ˆ

The promotion runs until September 23, 2024, giving users time to take advantage of this opportunity. ๐Ÿ’ฅ

Users can choose from 30-day, 60-day, and 90-day options. For example, a 90-day lock can yield a 5.9% APR, with minimum and maximum limits for each term. Rewards are distributed daily, starting the day after the subscription is completed.

To participate, users can purchase TON on the spot market or via the โ€œBuy Cryptoโ€ page on Binance, and subscribe to start earning rewards. ๐Ÿš€ Early redemption is available, typically returning assets within 72 hours. โณ

#Binance #Toncoin
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TON Market Analysis: Mixed Signals Amid Bearish Trend ๐Ÿ“Šโ“

TON has shown signs of short-term recovery amidst a broader bearish trend. In the past 24 hours, TON increased by 6.5%, now trading at $5.04. However, this gain follows several days of steep declines, with TON dropping over 11% in the past week, making it the worst performer among the top 20 cryptocurrencies. ๐ŸŒ

๐Ÿ”น Recent Performance and Market Position
Despite the recent uptick, TON remains outside the top 10 cryptocurrencies by market capitalization, holding a market cap of $11.9 billion, trailing Cardano (ADA) by around $200 million. ๐Ÿ“Š

๐Ÿ”น Technical Analysis
The overall sentiment for Toncoin remains bearish:

Moving Averages: TON is trading below both its 50-day and 200-day moving averages, indicating continued downward pressure.
RSI: At 33.77, Toncoin is nearing oversold territory, hinting at the possibility of a relief bounce. ๐Ÿ“ˆ

๐Ÿ”น On-Chain Metrics & Investor Sentiment
On-chain data shows nearly 80% of TON holders are at a loss, while large transactions have dropped slightly, signaling waning institutional interest. The funding rate on derivatives exchanges has seen a minor positive shift, but overall market sentiment remains cautious. ๐Ÿง

๐Ÿค” Outlook
For a reversal, Toncoin needs to surpass key resistance levels, including the 50-day moving average at $6.074 and the 200-day moving average at $5.907. Analysts warn that failing to hold support above $4.70 could lead to a deeper drop, possibly as low as $2.60.

#CryptoAnalysis #MarketUpdate #TON
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TON Blockchain Continues to Attract Users from Solana ๐ŸŒ

The TON blockchain is showing resilience in tough market conditions, drawing more users from the Solana (SOL) ecosystem thanks to its innovative environment. As reported by Daily Ton, the integration of the xRocket blockchain offers gas-free transactions, making TON stand out. ๐Ÿš€ Additionally, Solana users on Twitter and Telegram find it easier to interact with TON tokens without leaving their social platforms, benefiting both users and developers.

Meanwhile, the TON meme market is booming, with tokens like DOGS (valued at $0.0009841), alongside Ton Cat (TCAT), TON FISH MEMECOIN (FISH), and Povel Durev (DUREV). TON's ecosystem is growing rapidly, reshaping the crypto landscape. ๐Ÿ’ฅ

#TONBlockchain #Solana
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TON Skyrockets 148% in Volume as Bulls See $5 as Too Low ๐Ÿš€

TON, the cryptocurrency closely linked to the Telegram, saw an impressive 148% surge in trading volume over the last 24 hours, according to data from CoinGlass. This sudden spike reflects growing interest, particularly as bulls consider the $5 price point too low for this asset. ๐Ÿ“Š

As the data shows, derivatives on TON, including perpetual futures, surged to $511.25 million, marking a significant increase in trading activity. Simultaneously, the spot market saw a similar spike.

According to CoinMarketCap, around $300 million worth of TON was traded on the spot market in the last day, representing a 115% increase from the previous day. This resulted in a trading volume-to-market capitalization ratio of 6.2%, with a total turnover exceeding $800 million.

While the ratio itself reflects a fairly typical level of trading activity, the massive surge in both derivatives and spot market trading suggests that TON is regaining strong attention from investors and traders alike. ๐Ÿ“ˆ

#Toncoin #TONSurge #Blockchain
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TON Warns of Potential Disruptions During Catizen and Hamster Kombat Token Listings โš ๏ธ

Representatives from TON have alerted users of the Catizen and Hamster Kombat games to prepare for potential network disruptions during the upcoming token listings.

They highlighted that after the DOGS token listing, the number of active TON users exceeded 1 million daily, with over 14 million transactions in a single day. Two weeks post-listing, nearly 5 million users withdrew DOGS to their TON wallets, setting a record for the number of holders across all blockchains. ๐Ÿš€

However, developers stressed that the upcoming Catizen and Hamster Kombat token launches in September will be even larger in scale, potentially causing unforeseen network issues. While specific problems were not disclosed, itโ€™s speculated that the network could be down for several hours, or possibly even days. Experts have warned that such disruptions could last several weeks.

Could the TON network face prolonged outages? The possibility can't be ruled out, especially since the developers themselves have issued warnings of complications during the token listings. โšก๏ธ

#TONBlockchain #Catizen #HamsterKombat
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TON Eyes Recovery: Can It Reach $6? ๐Ÿš€

TON is striving to recover after the arrest of Telegram CEO Pavel Durov in Paris, which triggered an immediate drop in the coinโ€™s value. Currently trading at $5.24, experts suggest that the asset has strong growth potential as the autumn bull run approaches.

Selling pressure in the market is gradually easing, signaling a growing confidence among investors. After Durovโ€™s arrest, many users moved TON to exchanges, causing a wave of sell-offs and market anxiety. However, the situation is now stabilizing. ๐Ÿ“Š

The MACD indicator hints at a potential trend reversal for Toncoin, as bearish sentiment in the industry weakens. Analysts remain optimistic, with the key resistance level set at $5.49. If TON breaks through, it could climb to $6. However, the token has previously consolidated between $4.85 and $5.49, and if it remains in this range, the chances of a breakout may diminish. โšก๏ธ

#Toncoin #TONRecovery #BullRun
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Toncoin Gains 18% in 72 Hours ๐Ÿ“ˆ๐Ÿš€

Toncoin (TON) has experienced a significant 18% surge over the past three days, reaching $5.42. This rapid growth is driven by a sharp increase in demand, as the number of addresses holding Toncoin skyrocketed by 64% since the beginning of September, jumping from 37.13 million to 60.92 million. This spike signals expanding interest among investors and broader adoption of the cryptocurrency.

Bullish Momentum and RSI Levels
While Toncoinโ€™s bullish momentum is building, the Relative Strength Index (RSI) is hovering just below the 50.0 neutral line, indicating the potential for a slowdown in the price rally. However, if the RSI crosses above this level, it could fuel further gains as investor enthusiasm continues to grow.

Key Resistance Levels to Watch
Toncoin is now approaching a key resistance level at $5.53. If this barrier is flipped into support, the price could aim for $5.93 and possibly climb toward the psychological barrier of $6.00. Breaking these levels would solidify the bullish outlook.

On the downside, if momentum weakens, $4.86 remains a strong support level. A failure to break resistance could lead to price consolidation, signaling a potential retracement in the short term.

#Toncoin #MarketAnalysis
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Toncoin Establishes T-Fund to Accelerate Developments Within the TON Ecosystem ๐Ÿ’ผ๐Ÿš€

Toncoin has introduced T-Fund, a new initiative aimed at supporting and investing in projects within the TON ecosystem. This fund is designed to accelerate blockchain developments by backing visionary founders and new projects, helping to scale the platform.

The T-Fund is expected to enhance scalability and adoption, particularly as recent projects like Dogs and Notcoin have brought a surge of users, putting pressure on the networkโ€™s capacity. By fueling these new developments, the fund aims to solidify Toncoinโ€™s position in the blockchain space and drive further growth.

#Toncoin #TFund
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World Record: 17 Million Users Receive DOGS Tokens in Just Two Weeks ๐Ÿ•๐ŸŒ

The DOGS project on the TON blockchain has set a groundbreaking record in the crypto industry, distributing tokens to 17 million users globally within just two weeks. This massive token distribution has significantly boosted activity on the TON network, with daily active addresses peaking at 1.1 million and daily transactions reaching 14.4 million.

Launched as an experimental token inspired by Pavel Durov's dog drawing, DOGS quickly gained popularity, amassing 4.5 million unique holders. This makes DOGS one of the most widely held crypto assets across all blockchain platforms, only surpassed by USDT on networks like TRON and Ethereum.

During this historic airdrop, 53 million users engaged with the DOGS mini-app, with 42.2 million eligible for the airdrop. The success of DOGS highlights the TON blockchainโ€™s ability to reach a massive audience and drive significant user engagement within the crypto space.

#DOGSToken #TON
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๐Ÿน How Much Can Investors Earn with the Hamster Kombat Token? ๐Ÿ’ฐ

On September 26, the highly anticipated listing of Hamster Kombatโ€™s HMSTR token ๐Ÿน will take place, giving investors the chance to receive their rewards. However, itโ€™s important to note that the final amount earned ๐Ÿ’ฐ will differ from what players may expect based on their in-game performance. A recalculation will be done, and the number of tokens rewarded may vary significantly from the initial expectations.

Although specific details are still unclear, itโ€™s expected that 100 million HMSTR tokens ๐Ÿช™ will be issued on the first day of trading, out of the total supply of 10 billion. The profit investors earn ๐Ÿ’ธ will heavily depend on the market value of the HMSTR token, which could be highly volatile, as is common with many meme coins.

Additionally, Hamster Kombat has earned millions of dollars (estimated at over $5 million ๐Ÿค‘), but these earnings will need to be split among the gameโ€™s hundreds of millions of players. As a result, individual gains may be modest due to simple math.

#HamsterKombat #HMSTR
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Alchemy Pay Brings Crypto Payments to Telegram via TON Network ๐Ÿš€๐Ÿ’ฐ

Alchemy Pay has officially introduced crypto payments within Telegram, allowing users to make cryptocurrency transactions directly through the messaging app. This new feature simplifies digital payments, making it easier for Telegramโ€™s millions of users to engage with crypto without ever leaving the platform. ๐Ÿ’ธ๐Ÿ“ฑ

Seamless Crypto Experience ๐ŸŒ
The integration, announced on Alchemy Pay's X account, is designed to bridge the gap between traditional finance and the crypto world. With this feature, sending and receiving crypto in Telegram becomes as easy as sending a message, offering a smooth, streamlined experience for users. ๐Ÿช™โœจ

Toncoin Surges Following the News ๐Ÿ“ˆ
Toncoin (TON), the native cryptocurrency of the TON blockchain, saw an impressive 8% increase in value after the announcement. This rise highlights the growing demand and potential of the TON ecosystem, especially with this new capability introduced within Telegram. ๐Ÿ“Š๐Ÿš€

TON, originally developed by Telegram, has gained a solid user base and is proving its resilience in the competitive crypto landscape. Alchemy Payโ€™s integration with TON is expected to further boost the platformโ€™s popularity, driving more crypto engagement through Telegram. ๐Ÿ’ฌ๐Ÿ”—

#AlchemyPay #Toncoin
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๐ŸŒŸ Top 5 Tokens on the TON Blockchain! ๐Ÿš€

1. Notcoin (NOT) ๐Ÿช™
Notcoin is a token that users could earn for free in a clicker game through a Telegram bot. ๐Ÿ•น Launched on January 1, the project quickly amassed a million-strong user base due to its simple mechanics: tap on your phone and earn coins! ๐Ÿ“ฑ 90% of the tokenโ€™s supply was distributed via an airdrop, and later, major crypto exchanges listed the coin. ๐Ÿ’ฐ

2. DOGS (DOGS) ๐Ÿถ
DOGS is a meme coin featuring the iconic dog from Telegram and VK. ๐Ÿ• Itโ€™s mainly used to reward Telegram users for their loyalty and activity on the platform. ๐Ÿ“ฉ One of the projectโ€™s major advantages is its limited supply. ๐Ÿ›‘ DOGS trading pairs were recently introduced on several large cryptocurrency exchanges. ๐Ÿ’น

3. Gomining (Gomining) โ›
Gomining is the token of a company engaged in Bitcoin mining. ๐Ÿ’Ž The company operates nine data centers worldwide. ๐ŸŒ Access to computing power is provided through the sale of their branded NFTs. ๐Ÿ–ผ The collaboration with TON began with the release of the NFT collection "TON GoMining Whales." ๐Ÿ‹ According to CEO Mark Zalan, TON was chosen due to its rapid ecosystem growth. ๐ŸŒ

4. GAMEE (GMEE) ๐ŸŽฎ
GAMEE is a token founded by Bozena Rezab, a former head of monetization at YouTube for 14 European countries. ๐Ÿ‘ฉโ€๐Ÿ’ผ GAMEE is a mobile platform integrating blockchain into traditional gaming. ๐Ÿ“ฑ It has become one of the largest gaming platforms on Telegram, boasting 90 million users. ๐ŸŒŸ Players can enjoy mini-games directly from Telegram and earn GMEE tokens. ๐Ÿ†

5. JetTon Games (JETTON) ๐ŸŽฐ
JetTon Games is one of the earliest gaming projects on the TON blockchain, and it remains highly popular. ๐Ÿ“ˆ The platform is integrated with Telegram and offers over 300 games from leading software providers. ๐ŸŽฒ The JETTON token is used as in-game currency, rewards for events, and plays a key role in the platformโ€™s partnership incentives. ๐Ÿ’Ž

Conclusion ๐Ÿ“
New projects supporting the TON blockchain continue to emerge in the crypto space. ๐Ÿš€ With its close connection to Telegramโ€™s ecosystem, this niche is attractive to users. The landscape of TON-based tokens is expected to evolve as more projects are launched and developed. ๐ŸŒ

#TON #Tokens
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Toncoin Open Interest Skyrockets, Eyes on 20% Price Rally ๐Ÿš€

Toncoin (TON) has resumed its upward trajectory, signaling a potential massive rally in the coming days. ๐Ÿ“ˆ Over the past few days, TON's price has surged by more than 20%, outperforming major cryptocurrencies.

Recently, TON broke through a strong resistance level at $5.62 and moved above the 200 Exponential Moving Average (EMA), indicating a trend reversal from a downtrend to an uptrend. ๐Ÿ’ก Currently trading near $5.85, TON has experienced a price increase of over 7% in the last 24 hours.

Trading volume has skyrocketed by 45%, showing higher participation from traders and investors following the recent breakout. ๐Ÿ“Š Technical analysis suggests that if TON closes a daily candle above $5.65, it could soar by 20% to reach the $7 level. ๐Ÿš€

On-chain metrics further support this bullish outlook. According to Coinglass, TON's long/short ratio stands at 1.036, indicating bullish market sentiment among traders. ๐Ÿ‚ Additionally, TON's future open interest has increased by 14%, reflecting growing trader confidence. ๐Ÿ“ˆ

#Toncoin #TON
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๐Ÿน $HMSTR Token to Be Available on Telegram Wallet on September 26 ๐Ÿ’ฐ

The $HMSTR token from the popular game Hamster Kombat is coming to Telegram Wallet on September 26! ๐Ÿ“† Holders will soon be able to buy and sell $HMSTR on the P2P Market, exchange it for other cryptocurrencies, or send it to friends on Telegram for free! ๐Ÿค‘

To claim your $HMSTR tokens, holders can choose the Wallet option in Hamster Kombat now. ๐ŸŽฎ Exclusive bonus campaigns will be available for those who select Wallet in the game! ๐ŸŽ

Stay tuned for more details and get ready to expand your holdings with $HMSTR! ๐Ÿš€

#HamsterKombat #HMSTR
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๐Ÿš€ USDT on TON Blockchain Reaches $729M, Boosting P2P Transfers and DeFi ๐Ÿ’ฐ

USDT on the TON blockchain has surged to a total supply of $729 million within four months since the TON Foundation's integration announcement on April 18. This growth positions USDT on TON as the seventh-largest stablecoin by market capitalization when evaluated independently. ๐Ÿ“ˆ

The expansion enhances peer-to-peer (P2P) transfers, with median transaction amounts between $15 and $100, indicating frequent small-scale transactions typical of everyday retail activities. Low median transfer fees of four cents make these transactions economically viable, promoting wider adoption. ๐Ÿ’ณ

USDT is also fueling the decentralized finance (DeFi) ecosystem on TON, being extensively utilized within decentralized exchanges like Ston.Fi, Dedust, and StormTrade. This high usage underscores its importance in fostering an active DeFi environment on the network. ๐ŸŒ

At press time, Toncoin was trading at $5.82, a 3.44% increase in the last 24 hours. Trading volume saw a 10% surge, indicating heightened market interest and activity. ๐Ÿ“Š

#USDT #TON
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TON Network Faces Another Outage ๐Ÿ›‘

The TON blockchain has experienced another significant outage, with developers reporting performance issues causing transactions to take longer than usual. ๐Ÿ•’ Users may notice delays as the team works to resolve the problems.

Despite these network issues, Toncoin remains in the green zone, currently gaining +3.98% at $5.76. ๐Ÿ“ˆ This resilience shows strong market confidence in Toncoin despite technical challenges.

Previously, outages in the TON network disrupted normal transaction processes. Analysts linked these issues to the listing of DOGS, which put excessive load on the network. ๐Ÿถ At that time, at least two major outages were recorded, each lasting several days.

#TONNetwork #Toncoin
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๐Ÿš– Tada's Telegram Mini App Now Accepts Toncoin and USDT in Singapore! ๐Ÿ’ณ

Tada has partnered with the TON Foundation to launch a Telegram Mini App that lets Singapore users book and pay for rides using Toncoin (TON) or Tether (USDT). This seamless integration allows access to ride-hailing services directly within Telegram without additional downloads. ๐Ÿ“ฒ

Announced at the TOKEN2049 conference in Dubai, this collaboration aims to promote Web3 adoption by merging ride-hailing, social media, and crypto payments. To celebrate, Tada is offering 4,000 free and discounted rides during the event in Singapore. ๐Ÿš€

#TON #Tada
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๐Ÿš€ Toncoin Makes Waves with Potential for Significant Returns by 2025! ๐ŸŒŠ

Toncoin (TON) has rapidly become a standout in the blockchain arena, leveraging its integration with Telegram through the TON Space wallet, which connects over 800 million users to its expanding ecosystem. This seamless integration paves the way for mass adoption, setting TON apart with immense potential. ๐Ÿ“ฑ

Toncoin's innovative Proof-of-Stake (PoS) mechanism, coupled with its sharding technology, enables high transaction throughput without compromising decentralization or security. These advancements allow TON to process a vast number of transactions efficiently, making it scalable for widespread use. โš™๏ธ

Additionally, TON Storage and TON Proxy services offer secure data storage and facilitate decentralized application (dApp) interactions, catering to both individual users and enterprises. This broad utility enhances the network's appeal and usability. ๐Ÿ”’

As Toncoin's utility continues to grow and its network becomes more accessible worldwide, there's increasing optimism about its future. The blend of technological innovation and unparalleled reach in the messaging space positions Toncoin for significant growth by 2025. ๐Ÿ“ˆ

#Toncoin #TON
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