I've been observing the
cryptocurrency market recently and noticed that Toncoin has been on a steady decline. I'm curious to understand the reasons behind this downward trend.
7 answers
CryptoVeteran
Sat Nov 09 2024
The sell-off was intensified by the crash of most tap-to-earn tokens on its network.
NebulaPulse
Sat Nov 09 2024
Since Aug. 24, the price of Toncoin has fallen nearly 30%.
Martino
Sat Nov 09 2024
The burn volume, which is a crucial indicator for the token's value, also retreated.
GinsengBoostPowerBoostVitality
Sat Nov 09 2024
Specifically, the price of ton1.25% dropped to $4.91.
Sofia
Sat Nov 09 2024
Toncoin experienced a significant price decline on Monday.