Toncoin Rises More Than 11% In 24 hours
Portfolio Pulse from Benzinga Insights
Toncoin (CRYPTO: TON) has seen a significant increase of 11.93% in its price over the last 24 hours, reaching $6.6. This uptrend extends over the past week with a 30.0% gain from $5.05. The coin's all-time high is $7.06. Its trading volume surged by 311.0% over the week, with the circulating supply also increasing by 0.39% to 3.47 billion, positioning TON's market cap at $22.70 billion, ranking it #10.
April 09, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Toncoin's price increased by 11.93% in the last 24 hours to $6.6, continuing a weekly gain of 30% from $5.05, with its all-time high at $7.06. The trading volume has seen a significant rise of 311% over the week, and the circulating supply has grown by 0.39% to 3.47 billion, boosting its market cap to $22.70 billion.
The significant increase in Toncoin's price, along with a substantial rise in trading volume and a slight increase in circulating supply, indicates strong market interest and positive momentum for TONUSD. This could likely lead to a continued uptrend in the short term, especially considering its recent performance and ranking in market cap.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100