Toncoin Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Toncoin (CRYPTO: TON) has experienced a 3.96% drop in price over the past 24 hours, continuing a week-long negative trend with a 7.0% loss. The trading volume has remained stable while the circulating supply increased by 0.88%. Toncoin's market cap is currently ranked #9 at $18.07 billion.
June 24, 2024 | 7:02 pm
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NEGATIVE IMPACT
Toncoin has seen a 3.96% price drop in the last 24 hours, continuing a week-long decline of 7.0%. The trading volume has remained stable, but the circulating supply has increased by 0.88%.
The consistent decline in Toncoin's price over the past week, coupled with a stable trading volume and increased circulating supply, suggests a bearish trend. This is likely to negatively impact the short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100