On the morning of August 19, Toncoin’s price jumped 7%, making it the leader in the cryptocurrency market.

At the time of writing, ToncoinToncoin

ton

3.85%

Toncoin is still up 6%, trading at $6.92 per price data from crypto.news. The crypto asset’s daily trading volume has jumped 143%, hovering around $568 million, while its market cap is $17.3 billion, making it the 9th largest cryptocurrency.

Tonc oin’s current price positions it above the middle Bollinger band at $6.3421 and well above the lower band at $5.4265. This puts the coin in a relatively strong position in its recent trading range, although it still remains below the upper Bollinger band at $7.2578.

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