TONCOIN is among the most profitable coins among first-level blockchains in 2024. This assessment was given by#CryptoQuantanalysts.

Since the beginning of 2024,#TONCOINhas outperformed BTC by 118%, while other popular tier-1 networks have “struggled to find strength.” For example,

ADA dropped by 49.47% relative to BTC.

Considering the maximum concentration of the asset in the hands of TOP wallets, it is not surprising that the asset may look strong and go against the market. Let us remind you that the TOP 10 wallets, according to measurements a month ago, have 60% of the entire issue, the TOP 100 wallets have 93% of the entire issue.

The key question is when should we close our speculative#spot_tradedated April 30 with an entry point of $5,170?

On the daily timeframe today there has been a break in the upward trend. If today's candle is bearish at the end of the day, we will think about a stop under the volume level of $6.484. There is a risk that the price will begin a correction without updating the high on April 11. And tomorrow's listing of #NOTCOIN, unless the listing of#TONCOINitself is announced on #Binance, will become a "news sell" factor sooner than everyone expects.