Cryptocurrency Q&A Why is Toncoin going down?

Why is Toncoin going down?

Carlo Carlo Thu Nov 07 2024 | 7 answers 1587
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. Why is Toncoin going down?

7 answers

CryptoVeteran CryptoVeteran Sat Nov 09 2024
The sell-off was intensified by the crash of most tap-to-earn tokens on its network.

Was this helpful?

252
22
NebulaPulse NebulaPulse Sat Nov 09 2024
Since Aug. 24, the price of Toncoin has fallen nearly 30%.

Was this helpful?

360
70
Martino Martino Sat Nov 09 2024
The burn volume, which is a crucial indicator for the token's value, also retreated.

Was this helpful?

93
26
GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Sat Nov 09 2024
Specifically, the price of ton1.25% dropped to $4.91.

Was this helpful?

131
28
Sofia Sofia Sat Nov 09 2024
Toncoin experienced a significant price decline on Monday.

Was this helpful?

352
96
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts