Currently, the price of Toncoin on December 4, 2024, is recorded to fluctuate around 6.63–6.89 USD depending on the trading platform.

Toncoin has a market capitalization of approximately 16.91 billion USD, with a circulating supply of 2.55 billion tokens.

Analysis of whale activity:

1. Accumulation and distribution: Toncoin has recorded daily trading volumes above 500 million USD, with large transactions from whale wallet addresses slightly increasing, indicating the possibility of short-term accumulation.

2. Technical indicators: In the past 7 days, TON has increased by more than 10.6%, outperforming the average performance of the cryptocurrency market. This reflects positive signals from indicators such as RSI, MACD, and community interest.

Mid-term valuation:

• Infrastructure growth: $TON is supported by the PoS consensus mechanism and the TON Blockchain network, creating advantages for decentralized applications.

• Price increase potential: With high trading volume and participation from large investors, TON may continue to grow if it maintains its current momentum.

However, closely monitoring the general market trends and the behavior of whales will determine the ability to continue accumulating or shift to distribution in the near future.

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