Ton Coin Historic Lows, Ultimate Accumulation Opportunity?

Ton coin has achieved historic minimum values in its medium-term and long-term Normalized Metric Risk assessment.

The evaluation system based on moving price averages indicates TON has achieved its most economical market position in history.

The market value of TON stands at $3.87 while demonstrating a 1.31% increase from yesterday and a 3.26% gain since last week.

Due to its circulating supply of 2.5 billion TON, the asset maintains a market capitalization of $9.64 billion.

Market analysts state that valuation levels reaching this low point might indicate investors should start accumulating assets.

Most Ton Coin Holders Are at a Loss While Whales Control Supply

Data from IntoTheBlock reveals that 95% of TON holders are faced with losses while 4% accumulate profits and the remaining 2% remain break-even.

Available data shows that most Ton coin investors bought into the market at elevated prices.

The high number of holders experiencing losses may lead to selling as a way of stopping additional profit reduction.

The market situation in other assets sometimes shows elements of accumulation even when it matches the conditions observed here.

Source: IntoTheBlock

Whale wallets maintain command over the majority of TON tokens since they own 91% of the circulating supply between them.

Price volatility happens because control by these large investors leads them to modify their asset positions.

On-Chain Data Signals High Activity and Exchange Outflows

The total number of high-value deals amounting to $29.93 billion occurred during the last seven days due to the involvement of institutional traders and high-net-worth investors.

Major market players are currently participating strongly in the market according to these movement metrics.

The withdrawal of $10.12 million worth of Ton coin tokens from exchange platforms throughout the previous week proves that more tokens are securely stored in private wallets.

Investors deploy this pattern for long-term investing since moving assets off exchanges indicates they do not plan to sell during the short-term period.

Reduced available supply will likely reduce the amount of selling pressure in the market.

Shift from Memecoins to Layer-1 Networks

Market discussions according to Santiment show a decline in memecoins such as Dogecoin, Shiba Inu and PEPE and rising interest in Bitcoin, Ethereum and Toncoin.

The market volatility has driven investors toward established networks because speculative trading has diminished.

Santiment analysts indicated that market traders show higher interest in these specific assets which indicates a progressing market condition.

The firm highlighted that prior to market declines memecoin manias typically occur.

The monitoring of Layer-1 protocols by traders signifies potentially stronger stability conditions for the entire market in this current phase.

The market remains uncertain about short-term prices so market watchers closely track Ton coin prices and investor sentiment together with large trader activities.

The post Ton Coin Historic Lows, Ultimate Accumulation Opportunity? appeared first on The Coin Republic.

   

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