Toncoin Rises More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
Toncoin (CRYPTO: TON) has seen a price increase of 8.97% in the last 24 hours, reaching $4.17, despite a 7.0% decrease over the past week from $4.36. The coin's all-time high is $5.29. Trading volume has decreased by 56.0%, and the circulating supply has slightly reduced by 0.26% to over 3.47 billion, with a current market cap ranking of #13 at $14.28 billion.
March 20, 2024 | 3:00 pm
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Toncoin has experienced a significant 8.97% increase in price over the last 24 hours, reaching $4.17, despite a weekly decline of 7%. The trading volume has seen a substantial decrease of 56%, and the circulating supply has slightly decreased by 0.26%.
The significant price increase of Toncoin over the last 24 hours, despite a decrease in trading volume and a slight reduction in circulating supply, indicates a strong short-term bullish sentiment among investors. This could potentially lead to further short-term gains, especially considering the coin's recovery from a weekly loss.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100