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Toncoin TON News: TON Rallies Amid Growing Interest, Price Surge Expected
Toncoin TON News: TON Rallies Amid Growing Interest, Price Surge Expected
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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Normalized risk metrics for medium and long-term trends are indicating a prime buying opportunity for Toncoin (TON). With the number of TON addresses hitting an all-time high, market interest in the cryptocurrency is evidently soaring. Over the past 24 hours, TON has witnessed a 1.83% price hike, adding to a weekly gain of 5.78%. Despite a 7.29% dip in trading volume to $185.5 million, AMBCrypto’s market analysis suggests that this divergence between price and volume could actually precede a strong upward rally. TON appears poised to enter an accumulation phase, hinting at potential bulk buying activity that may pave the way for a significant price appreciation.
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