Toncoin Falls More Than 10% In 24 hours
Portfolio Pulse from Benzinga Insights
Toncoin (CRYPTO: TON) has experienced a significant price drop of 10.56% in the past 24 hours, falling to $7.02. Despite this, the coin has shown a 1.0% uptrend over the past week. Trading volume has increased by 69.0%, and the circulating supply has risen by 0.25%, bringing the market cap to $17.25 billion.
June 18, 2024 | 3:02 pm
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Toncoin (CRYPTO: TON) has seen a sharp decline of 10.56% in the past 24 hours, dropping to $7.02. This is a significant deviation from its 1.0% uptrend over the past week. The trading volume has surged by 69.0%, and the circulating supply has increased by 0.25%, leading to a market cap of $17.25 billion.
The sharp decline in Toncoin's price over the past 24 hours is likely to negatively impact its short-term price. Despite the recent uptrend and increased trading volume, the significant drop suggests heightened volatility and potential investor concern.
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IMPORTANCE 80
RELEVANCE 100