TONCOIN's $TON Price Spikes As It Hits A Record Number Of 3,930 Holders Today
According to Gate.io news, TONCOIN's $TON token is currently gaining against bitcoin as seen among the Top 20 coins on Gate.io exchange. A record number of 3,930 addresses are currently holding $TON which is the highest record the altcoin has seen since inception.
Most of these addresses are not on DEXs, indicating a strong hand trend from investors as many of them intend holding for a reasonably long time, data from etherscan.io shows. A total of 20,413.2999 TON was just moved from Gate.io to an unknown wallet, currently holding 34,212.344116904 TONCOIN which is valued at $71,161.68 (approx. 56.9740 Eth)
Despite Bitcoin's price falling below $17k and dragging most of the cryptocurrency market along, $TON has maintained resistance as it is recording over 8% price increase today, currently trading at $2.07 as seen on Gate.io exchange charts. TONCOIN project has also had a very productive week as seen on their twitter handle @ton_blockchain, having an impact on the price.
