Toncoin Price Explodes With 17% Rally — Can TON Sustain The Momentum?
Toncoin price performance has been one of the brightest spots in the cryptocurrency market in a week that has been rather slow for the large-cap assets. While Bitcoin has struggled to achieve its dream of a $100,000 valuation, tokens like Toncoin (TON), Stellar (XLM), and XRP have continued to soar with double-digit returns. Specifically, TON…
Toncoin Liquidity and User Activity Reviewed by Analyst: Insights on Market Impacts
Toncoin (TON) has seen notable changes in its market dynamics so far, driven by supply variations and heightened user engagement across its ecosystem. Particularly, according to a recent analysis by CryptoQuant analyst Shiven Moodley, TON’s total supply has steadily grown, moving from approximately 5.01 billion tokens to around 5.1 billion tokens. This growth, however, comes…
Is Toncoin Price Set For A Swift Return To $5? The TD Sequential Suggests So
Toncoin (TON) has undoubtedly been one of the best performers in the cryptocurrency market in 2024, enjoying a meteoric rise in the first half of the year. However, the altcoin has struggled to keep up the pace just as the other large-cap assets in recent months. In its latest downturn, the Toncoin price lost its…
Toncoin Sharpe Ratio Rising, Is TON Readying For $8?
Toncoin has cemented its position as a top 10 coin. However, considering the weakness across the board, TON, the native currency, has not been spared the hammering. Although losses might be contained, the coin is down nearly 36% from 2024 highs, finding strong support at around $4.5. TON buyers are confident prices will recover, breaking…
TON Recovery Stalls: Another Price Decline Hinders Bullish Efforts
TON is facing renewed selling pressure as its price takes another dip, putting its recovery efforts in jeopardy. Despite previous attempts to regain bullish momentum, the cryptocurrency now struggles to hold its ground as it slips further below key support levels. With bears seemingly regaining control, the market is closely watching whether the current support levels…