CandleFocus

Toncoin Among Top 3 Altcoins Leading A Massive Weekly Rally

Author: Content Editor
In the past week, altcoins Nervos Network (CKB), Popcat (POPCAT), and Toncoin (TON) have seen significant price rallies. CKB gained 77.5%, outperforming other cryptos, while TON and POPCAT saw price increases of 23.2% and 43.17% respectively. Despite some fluctuations, the key metrics of these altcoins display a bullish sentiment. CKB is trading at $0.01457, up 12.56%, while POPCAT is up 0.98% at $0.7229. TON has dropped 1.6% to $5.70 but is still performing well compared to previous levels. The recent launch of TADA has contributed to TON's price recovery. However, the trading volumes for these altcoins are low, suggesting investors are selling their assets. TADA's promotional campaign may help increase the number of active users and boost TON's price. Market analysts believe the arrest of Telegram founder Pavel Durov has caused a market downturn and could keep TON under $7 for the next few months.

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