The Telegram-linked cryptocurrency Toncoin has seen a significant price decline over the past month, reaching a historic low of $3.89, down 28% in the past 30 days. However, this dip has created a potential accumulation phase for long-term investors. The Normalized Risk Metric (NRM) indicator is at its lowest in both the medium and long term, indicating that TON is undervalued compared to its historical trends. This presents an attractive entry point for investors who believe in its long-term potential. The altcoin's market value to realized value (MVRV) ratio is also negative, further confirming its undervalued status. On a daily timeframe, TON has benefited from a market rally and may continue to increase in the short term. However, if holders refrain from accumulating, the token could lose its recent gains and drop further.



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