Toncoin (TON) has experienced a drastic 65% decline from its peak value of 8.20 USD to 2.84 USD. This drop has adversely affected the positions of many investors, particularly those who entered the market recently.
Whales hold over 68% of the total Toncoin supply, indicating potential market volatility. Furthermore, less than 20% of holders are long-term investors, suggesting a trend towards short-term speculation rather than stable holding.
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