Toncoin Down More Than 8% Within 24 hours

Over the past 24 hours, the price of Toncoin has fallen 8.29% to $2.27. This continues its negative trend over the past week where it has experienced a 4.0% loss, moving from $2.44 to its current price.

Toncoin Price Chart | Source: Coinstats

 

The chart below compares the price movement and volatility for Toncoin over the past 24 hours (left) to its price movement over the past week (right). 

Price movement and volatility for Toncoin

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

See Also: Upbit Announced That It Will Add Axelar (AXL) Trading Pair To Its Platform

The trading volume for the coin has fallen 16.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.14%. 

Toncoin circulating supply and trading volume

 

This brings the circulating supply to 3.45 billion. According to our data, the current market cap ranking for TON is #15 at $7.84 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Source: https://bitcoinworld.co.in/toncoin-down-more-than-8-within-24-hours/