has been able to hold its ground well in the bear market as its weekly chart remained green. Since TON’s performance over the last week looked remarkable, AMBCrypto planned to have a look at its metrics to see whether this trend would last.a few days ago about TON’s bully rally. Our report pointed out how Toncoin’s value managed to go up by over 30% in just 24 hours.price crashed, causing the market to turn bearish.
Our analysis of Santiment’s data revealed that buying pressure on Toncoin was high. This was evident from the rise in its supply outside of exchange and the dip in its supply on exchanges. Additionally, its network growth also sank along with active addresses. This meant that fewer addresses were used to transfer the token. A similar trend was also noted in terms of volume, as the metric dipped by more than 35% in the last 24 hours.