Tuesday, July 1, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    ArDrive Partners with NFT.NYC to Permanently Store Digital Art on Arweave

    ArDrive Partners with NFT.NYC to Permanently Store Digital Art on Arweave

    CryptoPunk and Azuki Lead Pack of Top NFT Sales in June 2025

    CryptoPunk and Azuki Lead Pack of Top NFT Sales in June 2025

    Hela Labs Partners Arcane Vault to Redefine Multi-Chain NFT Network

    Hela Labs Partners Arcane Vault to Redefine Multi-Chain NFT Network

    Top 10 Upcoming NFT Collections to Watch in July 2025

    Top 10 Upcoming NFT Collections to Watch in July 2025

    The Next Big BTC Innovation After Ordinals and Runes?

    The Next Big BTC Innovation After Ordinals and Runes?

    Guild of Guardians and Courtyard Lead Weekly NFT Sales as Top Collections Surge

    Guild of Guardians and Courtyard Lead Weekly NFT Sales as Top Collections Surge

    NFT sales reach $125m, Ethereum dethrones Polygon

    NFT sales reach $125m, Ethereum dethrones Polygon

    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

  • Gaming
    From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs

    From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs

    What’s Next for ‘MapleStory Universe’? More Ways to Play

    What’s Next for ‘MapleStory Universe’? More Ways to Play

    MattleFun Integrates Adventure Layer’s Gaming L2 Solution to Power Advanced Web3 Gaming Experience

    MattleFun Integrates Adventure Layer’s Gaming L2 Solution to Power Advanced Web3 Gaming Experience

    What the Rise and Fall of NFT Games Can Teach Us

    What the Rise and Fall of NFT Games Can Teach Us

    The Lords of Light’ Shutting Down, ‘Eve Frontier’ Trial

    The Lords of Light’ Shutting Down, ‘Eve Frontier’ Trial

    The Biggest Games Releasing in July 2025

    The Biggest Games Releasing in July 2025

    Should You Play This NFT Soccer Game?

    Should You Play This NFT Soccer Game?

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    ArDrive Partners with NFT.NYC to Permanently Store Digital Art on Arweave

    ArDrive Partners with NFT.NYC to Permanently Store Digital Art on Arweave

    CryptoPunk and Azuki Lead Pack of Top NFT Sales in June 2025

    CryptoPunk and Azuki Lead Pack of Top NFT Sales in June 2025

    Hela Labs Partners Arcane Vault to Redefine Multi-Chain NFT Network

    Hela Labs Partners Arcane Vault to Redefine Multi-Chain NFT Network

    Top 10 Upcoming NFT Collections to Watch in July 2025

    Top 10 Upcoming NFT Collections to Watch in July 2025

    The Next Big BTC Innovation After Ordinals and Runes?

    The Next Big BTC Innovation After Ordinals and Runes?

    Guild of Guardians and Courtyard Lead Weekly NFT Sales as Top Collections Surge

    Guild of Guardians and Courtyard Lead Weekly NFT Sales as Top Collections Surge

    NFT sales reach $125m, Ethereum dethrones Polygon

    NFT sales reach $125m, Ethereum dethrones Polygon

    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

  • Gaming
    From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs

    From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs

    What’s Next for ‘MapleStory Universe’? More Ways to Play

    What’s Next for ‘MapleStory Universe’? More Ways to Play

    MattleFun Integrates Adventure Layer’s Gaming L2 Solution to Power Advanced Web3 Gaming Experience

    MattleFun Integrates Adventure Layer’s Gaming L2 Solution to Power Advanced Web3 Gaming Experience

    What the Rise and Fall of NFT Games Can Teach Us

    What the Rise and Fall of NFT Games Can Teach Us

    The Lords of Light’ Shutting Down, ‘Eve Frontier’ Trial

    The Lords of Light’ Shutting Down, ‘Eve Frontier’ Trial

    The Biggest Games Releasing in July 2025

    The Biggest Games Releasing in July 2025

    Should You Play This NFT Soccer Game?

    Should You Play This NFT Soccer Game?

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Altcoins

Whales flock to Toncoin despite price risks: What’s your move?

May 31, 2024
in Altcoins
10
Whales flock to Toncoin despite price risks: What’s your move?
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • Toncoin has seen an uptick in whale accumulation. 
  • However, it remains at risk of decline.

Toncoin [TON] has seen a surge in whale activity on its network in the past few weeks, CryptoQuant analyst Joao Wedson found in a new report. 

According to Wedson, there has been a notable uptick in wallet addresses holding between 100,000 and 1 million TON tokens. 

Wedson argued that:

“Such behavior from major players is often a strong indicator of the asset’s potential and perceived value. Their growing accumulation signals a positive outlook and a belief in the continued growth and stability of TON.”

However, the ongoing whale accumulation has failed to move the needles, as readings from TON’s price chart showed that it may be poised for a short-term decline.

TON has a rough road ahead of it

At press time, the altcoin exchanged hands at $6.43. While its value has risen by 20% in the last month, TON may soon shed some of these gains. 

Despite TON’s price growth, its Relative Strength Index (RSI) and Money Flow Index (MFI) have declined, thereby creating a bearish divergence. At press time, TON’s RSI was 52.57, while its MFI was 23.39.

At these values, the indicators showed that even though TON’s price has risen in the past few weeks, the underlying buying pressure might be weakening.

The divergence formed tells market participants that the uptrend might be nearing exhaustion, and a potential decline is on the horizon. 

Confirming the possibility of a downtrend, the dots of TON’s Parabolic SAR indicator rested above its price. 

This indicator identifies an asset’s potential trend direction and price reversals. When its dotted lines are placed above an asset’s price, the market is said to be in decline. This indicates that buying pressure is weak, and the asset’s price may witness a decline. 

See also  XRP Holders Stack Coins Despite Price Dip: Bullish Signal?

In addition, TON’s MACD line (blue) rested below its signal line (orange) as of this writing.


Is your portfolio green? Check the Toncoin [TON] Profit Calculator


This setup is regarded as bearish as it signaled that TON’s upward momentum has weakened, and its shorter-term moving average (MACD line) was now falling faster than the longer-term moving average.

TON 1-Day Chart

Source: TON/USDT, TradingView

Traders often interpret it as a sign to exit short and take long positions. 

Next: BOB crypto gears up for airdrop: Network activity, TVL surge

READ ALSO

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

Toncoin heats up: What does $398M in trading volume indicate?

  • Toncoin has seen an uptick in whale accumulation. 
  • However, it remains at risk of decline.

Toncoin [TON] has seen a surge in whale activity on its network in the past few weeks, CryptoQuant analyst Joao Wedson found in a new report. 

According to Wedson, there has been a notable uptick in wallet addresses holding between 100,000 and 1 million TON tokens. 

Wedson argued that:

“Such behavior from major players is often a strong indicator of the asset’s potential and perceived value. Their growing accumulation signals a positive outlook and a belief in the continued growth and stability of TON.”

However, the ongoing whale accumulation has failed to move the needles, as readings from TON’s price chart showed that it may be poised for a short-term decline.

TON has a rough road ahead of it

At press time, the altcoin exchanged hands at $6.43. While its value has risen by 20% in the last month, TON may soon shed some of these gains. 

See also  Shiba Inu Set To Hit $100 Billion Market Cap, Expert Predicts

Despite TON’s price growth, its Relative Strength Index (RSI) and Money Flow Index (MFI) have declined, thereby creating a bearish divergence. At press time, TON’s RSI was 52.57, while its MFI was 23.39.

At these values, the indicators showed that even though TON’s price has risen in the past few weeks, the underlying buying pressure might be weakening.

The divergence formed tells market participants that the uptrend might be nearing exhaustion, and a potential decline is on the horizon. 

Confirming the possibility of a downtrend, the dots of TON’s Parabolic SAR indicator rested above its price. 

This indicator identifies an asset’s potential trend direction and price reversals. When its dotted lines are placed above an asset’s price, the market is said to be in decline. This indicates that buying pressure is weak, and the asset’s price may witness a decline. 

In addition, TON’s MACD line (blue) rested below its signal line (orange) as of this writing.


Is your portfolio green? Check the Toncoin [TON] Profit Calculator


This setup is regarded as bearish as it signaled that TON’s upward momentum has weakened, and its shorter-term moving average (MACD line) was now falling faster than the longer-term moving average.

TON 1-Day Chart

Source: TON/USDT, TradingView

Traders often interpret it as a sign to exit short and take long positions. 

Next: BOB crypto gears up for airdrop: Network activity, TVL surge
Tags: FlockmovePriceRisksToncoinwhalesWhats

Related Posts

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor
Altcoins

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

June 25, 2024
Toncoin heats up: What does $398M in trading volume indicate?
Altcoins

Toncoin heats up: What does $398M in trading volume indicate?

June 25, 2024
Another $600M Exits, Price Drops Lower
Altcoins

Another $600M Exits, Price Drops Lower

June 25, 2024
Bitcoin faces downward pressure as Mt. Gox prepares for repayments
Altcoins

Bitcoin faces downward pressure as Mt. Gox prepares for repayments

June 25, 2024
XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?
Altcoins

XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?

June 24, 2024
True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares
Altcoins

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

June 24, 2024
Next Post
EdgeCloud discusses Jupyter Notebook support for AI development

EdgeCloud discusses Jupyter Notebook support for AI development

Comments 10

  1. 75ugn says:
    4 weeks ago

    get cheap clomid without insurance can i get cheap clomid buy cheap clomiphene get cheap clomiphene for sale clomiphene tablets price uk where can i get cheap clomiphene without dr prescription how much is clomid without insurance

    Reply
  2. cialis wholesale uk says:
    3 weeks ago

    Greetings! Extremely useful recommendation within this article! It’s the petty changes which choice turn the largest changes. Thanks a quantity in the direction of sharing!

    Reply
  3. flagyl in pregnancy says:
    3 weeks ago

    I am actually delighted to gleam at this blog posts which consists of tons of useful facts, thanks object of providing such data.

    Reply
  4. pqovk says:
    3 weeks ago

    order generic azithromycin 500mg – buy ciprofloxacin generic metronidazole 200mg generic

    Reply
  5. c0yvf says:
    3 weeks ago

    buy semaglutide for sale – order semaglutide for sale order cyproheptadine online

    Reply
  6. tmurx says:
    2 weeks ago

    order motilium 10mg generic – order cyclobenzaprine sale buy flexeril tablets

    Reply
  7. kvolx says:
    7 days ago

    clavulanate price – atbioinfo purchase ampicillin for sale

    Reply
  8. twhvk says:
    5 days ago

    order generic nexium 40mg – anexa mate esomeprazole 20mg over the counter

    Reply
  9. cnyj8 says:
    4 days ago

    order medex online cheap – cou mamide buy generic losartan 25mg

    Reply
  10. v2b56 says:
    2 days ago

    mobic us – swelling meloxicam price

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Ethereum’s Breakout Moment: Is a $7,500 Target Achievable? Experts Weigh In

Ethereum’s Breakout Moment: Is a $7,500 Target Achievable? Experts Weigh In

June 29, 2024
U.S.-Listed Bitcoin Miners’ Share of Global Hashrate Reached Record in July: JPMorgan

U.S.-Listed Bitcoin Miners’ Share of Global Hashrate Reached Record in July: JPMorgan

July 16, 2024
Analyst Says Ethereum Spot ETFs Approval Will See “Animal Spirits” Reignite Crypto

Analyst Says Ethereum Spot ETFs Approval Will See “Animal Spirits” Reignite Crypto

May 24, 2024
Guild of Guardians Leads NFT Collections with $1.35M in Daily Volume As NFT Market Climbs

Guild of Guardians Leads NFT Collections with $1.35M in Daily Volume As NFT Market Climbs

May 3, 2025

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan
  • From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs
  • Donald Trump Won’t Stop! Trump-Linked Company Makes Another Bitcoin (BTC) Move!

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.