TON has experienced a notable increase in whale transactions, driving bullish sentiment and potentially leading to price gains.
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We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. (TON) has witnessed increased activity in the past 24 hours, with a total of 1.55 billion coin whale transactions recorded among market participants. The value of these transactions equals about $8.86 billion. These transactions are worth over $100,000 and come in at a count of 1,740 in the last 24 hours. This spike in transaction volume comes amid ongoing bullish sentiment for TON. Investors have reignited interest in the asset as the price maintains an appreciable gain on the market, currently trading at $5.69, a 0.51% increase in the last 24 hours. Trading volume has also increased by 4.94% to $149.38 million. In the past seven days, Toncoin had climbed from a low of $5.4025 to a high of $5.809 before settling at its current level. Analysts suggest that the current price dynamics have been greatly influenced by these whales carrying out large transactions. Notably, potential investors get a confidence boost from increased activity and are drawn to bet on the asset. Having previously reached an ATH of $8.24, set about seven months ago, this has triggered optimism. If TON whales sustain the current transaction volume, TON could retest a new price level by riding on the bullish sentiment. With Bitcoin (BTC), which has once again flipped the $100,000 level, at over $101,035, most altcoins may witness a corresponding upsurge. With the recent activities, investors might anticipate that TON could regain its position on the top 10 list of coins in the industry
TON Whale Transactions Bullish Sentiment Cryptocurrency Market Price Prediction
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