Toncoin (TON) has experienced a recovery in line with the broader crypto market, with a 3.56% increase in the combined crypto market cap. The cryptocurrency has seen a significant increase in large transactions, with a jump of 95.64% in 24 hours. This surge in activity is attributed to TON whales, who are driving the volume to $8.14 billion, compared to the regular transaction volume of $165.09 million. Despite negative trends in the ecosystem, TON remains in the top 10 cryptocurrencies but is seeking a boost to maintain its valuation. The price of TON is currently at $5.025, down by 2.29% in 24 hours. However, there is potential for a rebound and support formation at $5, which could lead to further growth in the future.



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