CandleFocus Toncoin (TON) Whales Amass $72 Million to Prevent Telegram Coin’s Collapse
2024-10-17
Author: Content Editor
Crypto whales have stepped in to prevent Toncoin's price from dropping further, buying the cryptocurrency in large volumes. The netflow of large holders has surged by 44% over the past seven days, indicating potential bullish momentum. The holding time for Toncoin has also increased, reflecting growing confidence in the asset. Although the current price is decreasing, there is strong support at $5.05, preventing a significant correction. If buying pressure continues to increase, Toncoin could reach $6.75, but if bears force a rejection, it may decline below $5.
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