Toncoin

Coin

<ul class="news-points">
 <li>Toncoin (TON) rose 5.17% in 24 hours to $6.89, despite a 53.83% drop in trading volume.</li>
 <li>TON’s market cap climbs to $16.73 billion, up 4.96%, signaling strong investor confidence.</li>
 <li>Whale transactions over $100k surge 237%, hinting at potential major market movements.</li>
</ul>
The Toncoin (TON) price has been bullish in the last 24 hours, exhibiting a notable upward trend. During this trend, the price rallied from a low of $6.60 to a peak of $6.93, suggesting sustained buying interest and a positive market sentiment. As of press time, TON was trading at $6.89, a 5.17% surge from the intra-day low.&nbsp;
Concurrently, the trading volume for <a href="https://coinedition.com/toncoin-surges-into-top-10-cryptocurrencies-fueled-by-viral-game-hamster-kombat/" rel="noopener noreferrer nofollow">Toncoin </a>has decreased by 53.83%, which suggests that traders are exiting positions as they take profits from the recent uptrend. However, the TON’s market capitalization has increased by 4.96% to $16.73 billion. This growth in market cap suggests that investors are still confident in the long-term potential of TON despite the recent decrease in trading volume.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeqWlBOmf6iEFRL0CMbyeJ5892lYM_emAv6g0dm-cmKlPzor0l-SOKmxVe0shAbf72ki4XxcOu9nsNSAWDKuY4Qkfq21RmYwxNPMppU6zvKhK0o_QZuAeO9QtguGNhqIigZJtGbp6Hywnzpv5YV-wSspHFC?key=6IAboWFFAosUY9scOABm9w" alt="">
</figure>
TON/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/toncoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>)
Analysts say <a href="https://coinedition.com/price-analysis-xrp-ada-ton-and-sol-show-bearish-signals/" rel="noopener noreferrer nofollow">Toncoin </a>trades within an ascending channel, indicating a bullish trend. The current consolidation zone ar…
The post <a href="https://coinedition.com/toncoin-ton-price-soars-over-5-as-btc-consolidates-is-a-bullish-breakout-looming/" rel="noopener noreferrer nofollow">Toncoin (TON) Price Soars Over 5% as BTC Consolidates: Is a Bullish Breakout Looming?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Toncoin (TON) Price Soars Over 5% as BTC Consolidates: Is a Bullish Breakout Looming?

Coin Edition

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