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Toncoin (TON) Faces 4% Drop Amid Market Correction - Key Levels to Watch
Toncoin (TON) Faces 4% Drop Amid Market Correction - Key Levels to Watch
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Toncoin TON News -
Toncoin (TON) has experienced a significant pullback, declining nearly 4% to $3.09 as part of a broader altcoin market correction. The TON network’s DeFi ecosystem continues to grow, supported by Telegram’s strong community engagement.
Since early December, TON’s price action has formed a symmetrical triangle pattern, indicating consolidation. The recent altcoin rally has cooled sharply, resulting in $357 million in long liquidations. Market sentiment remains cautious as large-cap altcoins face selling pressure.
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