Ton_Coin_Surge
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Toncoin (TON) is making waves with a jaw-dropping 257% surge in large transaction volume, even as the market dips! 🐋💸 Whales are on the move, and this could signal big things ahead. Dive into the #ToncoinSurge and let’s discuss what this means for the future of TON! 🌟📈
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Toncoin Sees 257% Surge in Large Transaction Volume Amid Market Downturn
According to U.Today, Toncoin (TON) has witnessed a significant 257% surge in large transaction volume, a sign of substantial whale activity. This increase comes amidst a downturn in the crypto market, which has seen $321 million in liquidations. The large transaction volume, typically linked with cryptocurrency whales or investors holding large amounts of crypto, implies that these key players may be actively buying or selling Toncoin despite the overall negative market trend.
Data from IntoTheBlock reveals that Toncoin's large transaction volume has risen by 257.65% in the last 24 hours, reaching $7.58 million, or 962,270 TON in crypto terms. The crypto market has been under selling pressure, resulting in a significant sell-off across various digital assets. Toncoin has not been spared, currently down 9.16% in the last 24 hours to trade at $7.10. The token has also fallen by 7.68% in the last seven days.
Several factors could be contributing to the increased whale activity in Toncoin. Whales might be strategically accumulating TON in anticipation of future price increases or developments within the Toncoin ecosystem. Positive news or upcoming technological advancements related to Toncoin could be triggering increased interest and large transactions, with whales positioning themselves ahead.
Last month, Telegram CEO Pavel Durov introduced a TON-linked 'Stars' currency, which would allow users to purchase digital products and services via Telegram micro apps within a crypto-backed economy. Telegram mini-app developers can now sell digital goods and services in exchange for Stars, which can be converted into Toncoin. The TON token is currently the eighth most valuable cryptocurrency on the market with a worth of $17.5 billion.
Data from IntoTheBlock reveals that Toncoin's large transaction volume has risen by 257.65% in the last 24 hours, reaching $7.58 million, or 962,270 TON in crypto terms. The crypto market has been under selling pressure, resulting in a significant sell-off across various digital assets. Toncoin has not been spared, currently down 9.16% in the last 24 hours to trade at $7.10. The token has also fallen by 7.68% in the last seven days.
Several factors could be contributing to the increased whale activity in Toncoin. Whales might be strategically accumulating TON in anticipation of future price increases or developments within the Toncoin ecosystem. Positive news or upcoming technological advancements related to Toncoin could be triggering increased interest and large transactions, with whales positioning themselves ahead.
Last month, Telegram CEO Pavel Durov introduced a TON-linked 'Stars' currency, which would allow users to purchase digital products and services via Telegram micro apps within a crypto-backed economy. Telegram mini-app developers can now sell digital goods and services in exchange for Stars, which can be converted into Toncoin. The TON token is currently the eighth most valuable cryptocurrency on the market with a worth of $17.5 billion.
🔴 $NOT $PEPE 🔴
🔴 Simple Risk Management Strategy for Futures Trading🔴 .
Let's assume you have 100 USD to trade with.
1. Position Sizing with Leverage:
Ensure your total position, including leverage, does not exceed 100 USD. For example, with 50x leverage, your margin should be no more than 2 USD. This keeps your entire position within 100 USD, preventing liquidation as the position is fully covered by your funds.
2. Why and When to Use Leverage:
Using 5x leverage means you borrow 5 times your funds, while 50x leverage means 50 times. Higher leverage increases risk; trading with a position larger than your funds introduces a liquidation point. By keeping your leverage within your total funds, you can avoid liquidation.
3. Example:
Open a position with a 1 USD margin and 50x leverage, creating a 50 USD position. If the chosen crypto rises by 1%, you've gained 50% on your margin (0.50 USD). A 10% move results in a 500% gain on your margin (5 USD on your 1 USD margin).
🔴 Key Points:
Always keep your leveraged position within your total funds to avoid liquidation. Leverage offers greater potential returns but also increases risk. Use it wisely to manage positions and trade safely and effectively.
#BinanceTurns7 #Ton_Coin_Surge #BTC_Bounce_Back_to_57k #Write2Earn #altcoins
🔴 Simple Risk Management Strategy for Futures Trading🔴 .
Let's assume you have 100 USD to trade with.
1. Position Sizing with Leverage:
Ensure your total position, including leverage, does not exceed 100 USD. For example, with 50x leverage, your margin should be no more than 2 USD. This keeps your entire position within 100 USD, preventing liquidation as the position is fully covered by your funds.
2. Why and When to Use Leverage:
Using 5x leverage means you borrow 5 times your funds, while 50x leverage means 50 times. Higher leverage increases risk; trading with a position larger than your funds introduces a liquidation point. By keeping your leverage within your total funds, you can avoid liquidation.
3. Example:
Open a position with a 1 USD margin and 50x leverage, creating a 50 USD position. If the chosen crypto rises by 1%, you've gained 50% on your margin (0.50 USD). A 10% move results in a 500% gain on your margin (5 USD on your 1 USD margin).
🔴 Key Points:
Always keep your leveraged position within your total funds to avoid liquidation. Leverage offers greater potential returns but also increases risk. Use it wisely to manage positions and trade safely and effectively.
#BinanceTurns7 #Ton_Coin_Surge #BTC_Bounce_Back_to_57k #Write2Earn #altcoins
Paid to be discipline
#BTC_Bounce_Back_to_57k #Ton_Coin_Surge #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown $BTC $ETH $BNB
#BTC_Bounce_Back_to_57k #Ton_Coin_Surge #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown $BTC $ETH $BNB
1st muharm 🖤#BTC_Bounce_Back_to_57k #Ton_Coin_Surge #BinanceTurns7 #ETH_ETFs_Approval_Predictions $BTC $ETH $BNB
warren buffet is worth 100billion dollars and a very significant portion of his wealth was made from owning coca cola stocks.
He own rougly 400million shares and that yeilds berkshire hathaway a little less than $1 billion a year in dividends.
Now you probably wouldnt believe but coca cola first year in business they only sold about 25 bottles that should be a testament to anyone here reading is that business is a marathon not a sprint success takes time persistence and continuous effort just because you dont see immediate results doesnt mean you are not on the right path keep pushing forward stay dedicated and believe in your vision.
#BTC_Bounce_Back_to_57k #Ton_Coin_Surge #BinanceTurns7 #SOFR_Spike #Write2Earn!
He own rougly 400million shares and that yeilds berkshire hathaway a little less than $1 billion a year in dividends.
Now you probably wouldnt believe but coca cola first year in business they only sold about 25 bottles that should be a testament to anyone here reading is that business is a marathon not a sprint success takes time persistence and continuous effort just because you dont see immediate results doesnt mean you are not on the right path keep pushing forward stay dedicated and believe in your vision.
#BTC_Bounce_Back_to_57k #Ton_Coin_Surge #BinanceTurns7 #SOFR_Spike #Write2Earn!
🔴🔴🚨🚨Alert alert 🚨🚨🔴🔴 $BTC dom UPDATE 🔴
🟡 DOM is still according to the previous plan too, where it has the potential to go down, there may be fresh air for altcoins recovery 📌 Ready for that.
#BTC_Bounce_Back_to_57k #BinanceTurns7 #BinanceTournament #US_Job_Market_Slowdown #Ton_Coin_Surge
🟡 DOM is still according to the previous plan too, where it has the potential to go down, there may be fresh air for altcoins recovery 📌 Ready for that.
#BTC_Bounce_Back_to_57k #BinanceTurns7 #BinanceTournament #US_Job_Market_Slowdown #Ton_Coin_Surge
