As cryptocurrency markets face another wave of selling pressure, Toncoin (TON) has managed to maintain relative stability, trading at $3.11 despite experiencing a modest 1.8% daily decline. The token's performance reflects both the current market challenges and the underlying strength of its growing ecosystem, particularly its integration with Telegram and expanding DeFi presence.
TON Price at $3.11: Latest Market Update
Toncoin is currently trading at $3.11, down 1.8% over the past 24 hours. The token peaked at $3.177 during the session before pulling back, following the broader crypto market's downward trend. Trading volume dropped to $131.6 million, representing a 6.08% decrease from the previous day.
Toncoin (TON) Supply and Holders
The current data reveals TON's total supply stands at 5.13 billion tokens, with 2.56 billion in active circulation. Unlike many cryptocurrencies, TON doesn't have a fixed maximum supply, which could influence its inflation characteristics over time.
The token has attracted 153,560 holders, demonstrating steady growth in adoption. The volume-to-market cap ratio of 1.65% indicates relatively light trading activity compared to the token's overall market value.
Outlook: Can TON Price Rebound?
TON has shown remarkable resilience during previous market downturns. Market observers point to several factors that could drive recovery: expanding ecosystem development, deeper Telegram integration, and increasing DeFi adoption. If positive momentum returns, TON might challenge the $3.20–$3.25 resistance zone. However, continued selling pressure could push the token toward the $3.00 support level.
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TON Coin Price Holds Steady at $3.11 Despite Market Decline
As cryptocurrency markets face another wave of selling pressure, Toncoin (TON) has managed to maintain relative stability, trading at $3.11 despite experiencing a modest 1.8% daily decline. The token's performance reflects both the current market challenges and the underlying strength of its growing ecosystem, particularly its integration with Telegram and expanding DeFi presence.
TON Price at $3.11: Latest Market Update
Toncoin is currently trading at $3.11, down 1.8% over the past 24 hours. The token peaked at $3.177 during the session before pulling back, following the broader crypto market's downward trend. Trading volume dropped to $131.6 million, representing a 6.08% decrease from the previous day.
Toncoin (TON) Supply and Holders
The current data reveals TON's total supply stands at 5.13 billion tokens, with 2.56 billion in active circulation. Unlike many cryptocurrencies, TON doesn't have a fixed maximum supply, which could influence its inflation characteristics over time.
The token has attracted 153,560 holders, demonstrating steady growth in adoption. The volume-to-market cap ratio of 1.65% indicates relatively light trading activity compared to the token's overall market value.
Outlook: Can TON Price Rebound?
TON has shown remarkable resilience during previous market downturns. Market observers point to several factors that could drive recovery: expanding ecosystem development, deeper Telegram integration, and increasing DeFi adoption. If positive momentum returns, TON might challenge the $3.20–$3.25 resistance zone. However, continued selling pressure could push the token toward the $3.00 support level.