CandleFocus

Toncoin Sharpe Ratio Rising, Is TON Readying For $8?

The article discusses the potential recovery of TON's prices in the crypto market. The analyst points out that TON's Sharpe Ratio is rising and is now in the "low-risk zone," which suggests a favorable risk-reward balance for holders and investors. The article also mentions that 77% of TON traders expect prices to increase based on a poll. The growth of TON has been attributed to the success of its protocols and the growing user base, with nearly 90 million TON holders as of early October. The article concludes by stating that if Bitcoin rises, the probability of TON rising will also increase, and a breakout above $6 could lead to further price growth.

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