Red Alert for Telegram Linked Altcoin: Beware of Withdrawals!

Telegram-backed altcoin Toncoin (TON) has entered a phase of extreme fatigue.

On-chain analysis platform CryptoQuant analyst warned about Toncoin. Analysis on Toncoin (TON) price volatility and Sharpe ratio offered important implications for speculators in the cryptocurrency markets.

While high volatility creates opportunities for short-term buy-sell strategies, the adjusted Sharpe ratio has emerged as a critical metric in assessing the balance of risk and return.

TON's performance under current market conditions has indicated that investors should reconsider their risk management strategies:

The traditional Sharpe Ratio reflects the volatility of an investment's returns by dividing its excess return by the standard deviation. By comparing the adjusted Sharpe Ratio analysis to volatility, it becomes clear that TON's 7-day volatility has consistently exceeded its 30-day volatility over the last two and a half years. This shows that the TON price is more sensitive to short-term sudden fluctuations compared to long-term activities.

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