The Toncoin price has experienced a 2.2% increase thanks to market interest surrounding Donald Trump's upcoming inauguration. However, concerns over the centralization of ownership within the TON token ecosystem have raised questions about its recovery potential. Recent data shows that 91% of TON tokens are held by a select few wallets, which could lead to price manipulation or market volatility if large amounts of tokens are moved or sold. Despite this, if the Toncoin price can maintain a history of no major movement from major holders, it has the potential for sustained recovery and bullish market sentiment. The price has undergone a correction from $7.19 to $5.6 over the past six weeks, but analysis of the daily chart suggests the potential for a reversal, with support at $4.6. If the broader market continues to recover, the Toncoin price could surge 8.3% to break through resistance levels and potentially rally past $10. Conversely, if seller resistance remains strong, the price could continue to correct.



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