Toncoin Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Toncoin (CRYPTO: TON) has fallen 3.4% in the past 24 hours to $6.32, despite a 13.0% uptrend over the past week. Trading volume decreased by 8.0% and circulating supply decreased by 0.07%. The market cap ranking is #9 at $15.93 billion.
August 13, 2024 | 3:00 pm
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NEGATIVE IMPACT
Toncoin's price has decreased by 3.4% in the past 24 hours to $6.32, despite a 13.0% uptrend over the past week. Trading volume has decreased by 8.0% and circulating supply has decreased by 0.07%.
The recent 3.4% drop in Toncoin's price, coupled with a decrease in trading volume, suggests a short-term negative impact on its price. Despite the weekly uptrend, the immediate decline and reduced trading activity indicate potential bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100