The price of Toncoin has increased by 27% since the confirmation of Gary Gensler's exit from the crypto space on November 21. On-chain data suggests that a breakout to $7 could follow as whale investors have significantly increased demand for Toncoin. Like other major projects such as Ripple, Cardano, and Binance Coin, Toncoin has seen a surge in demand since Gensler's exit. The founder of Toncoin, Pavel Durov, was previously arrested in France, which caused the price to drop 20%. However, the price has now surpassed $6 and is expected to reach $7 due to increased investor confidence and large corporate investors entering the market. Whale netflow data shows that large investors have been buying Toncoin in significant volumes since Gensler's exit was announced. If retail traders follow suit, the price could potentially reclaim $7 for the first time since Durov's arrest. It is important for the price to maintain above $6.20 to confirm the bullish momentum and continue towards $7. However, failure to hold support near $5.45 could invalidate the bullish outlook.



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