|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
TON Has Exploded in Popularity in 2024, With the Number of Token Holders Skyrocketing by 2400%
Oct 14, 2024 at 03:00 pm
Token holder distribution of $TON has grown by 2400% this year, as the total number of $TON holders now stands at 90M.
TON’s popularity has surged in 2024, with a 2400% increase in token holders. As of October, there are over 90 million $TON holders, showcasing the platform's rapidly expanding user base.
$TON Token Holder Distribution Surged 2400% This Year; Now at 90M➥https://t.co/0fLyOi1PRS
Steadily increasing from January to October, the number of TON holders saw a significant jump starting in June. By October, the total number of token holders had surpassed 84 million.
Meanwhile, TON's trading volume has been more volatile, with notable spikes in mid-March, late July, and September. The highest trading volume was recorded in September, reaching $2.4 billion. Despite a dip after this peak, the trading volume remains high compared to earlier months.
Toncoin's Current Market Performance
At the time of writing, Toncoin (TON) is trading at $5.28, showing a 0.60% increase over the past day. The token's market capitalization is $13.40 billion, driven by the circulating supply of 2.54 billion tokens.
Toncoin's price initially climbed above $5.30 before dropping in the afternoon, followed by a late recovery. Despite a downward trend since its mid-July peak of $8.50, the token has shown signs of recovery in recent weeks.
After dropping to around $4.50, the price has rebounded to $5.29. The recent formation of green candles suggests growing bullish momentum. However, it's still uncertain whether this is a short-term bump or the start of a longer uptrend.
The MACD has recently shown a bullish crossover, with the MACD line moving above the signal line.
Furthermore, the RSI has moved to 52.10, indicating that the market is neither overbought nor oversold and suggesting a neutral to bullish outlook as buying pressure increases.
The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- XRP Steadies While JetBolt (JBOLT) Takes the Spotlight
- Oct 14, 2024 at 06:15 pm
- XRP continues to evade major dips, now holding steady above $0.5348 and maintaining positive momentum over the past week. Despite this, Ripple's legal challenges remain a cloud over its recovery. On the other hand, JetBolt (JBOLT) is taking the market center stage, captivating whale attention with its groundbreaking technology and triumphant presale.
-
- This Week in Crypto: HBO Reveals the Identity of Satoshi, Google Simplifies ETH Balance Management, the FBI Deploys a Crypto to Trap Fraudsters, Mt. Gox Delays Reimbursements, and Stripe Relaunches in Crypto with Solana
- Oct 14, 2024 at 06:15 pm
- Between revolutionary announcements, technological evolutions, and regulatory turbulences, the crypto ecosystem continues to prove that it is both a territory of boundless innovations and a field of regulatory and economic battles. Here is a summary of the most significant news of the past week about Bitcoin, Ethereum, Binance, Solana, and Ripple.