Toncoin (TON) continues its strong growth momentum from November, but is currently facing significant resistance as investors become cautious.
- Toncoin wallet profits have sharply declined, with only 65% of addresses in profit, compared to 90% last week. Data from IntoTheBlock shows that 25% of wallets are at a loss, and 11% are breaking even, reflecting recent price volatility.
- 85% of Toncoin holders have held for less than a year, with 12% recently purchasing in the past month. Only 3% are long-term investors, indicating the dominance of short-term traders.
- 61% of transactions occur during Western trading hours. Over the past week, the network recorded more than $51.97 billion in large transactions.
- The price of Toncoin has decreased by 8.41% in the last 24 hours, currently trading at $5.93, with a market capitalization of $15.12 billion. Trading volume has increased by 142%, reaching $779.6 million, indicating sustained interest despite volatility.
🔍 CryptoQuant analysts are optimistic about Toncoin's recovery potential, thanks to its solid foundation and active development team.