TonCoin records an 80% increase in large bull and bear transactions

3 hours ago 5
toncoin aumento transazioni

In recent months, TonCoin, the native crypto of the TON blockchain, has recorded a significant increase in its transaction metrics: in particular, there is a notable 80% increase in large transactions, often attributed to movements by so-called “whale”, the main investors who hold large quantities of cryptocurrency. 

This phenomenon has sparked discussions within the crypto community regarding a potential bull movement in prices. Additionally, the 30% increase in active addresses indicates greater market participation, which could lead to increased liquidity and facilitate smoother transactions.

The increase in large transactions of TonCoin: what does it mean?

The 80% increase in large transactions on TonCoin is a clear signal of whale activity. These institutional or private investors hold a significant portion of the TonCoin supply and their movements directly influence the market. 

The whale are often considered as key players who can influence cryptocurrency prices with their large-scale investments.

An increase in large transactions can indicate that these investors are accumulating coins, predicting a future price increase. This behavior could be read as a positive signal for the entire TonCoin ecosystem. 

The whale, in fact, tend to move large sums in anticipation of future gains, which implies a bull view of the market. This movement could also attract the attention of other investors, both small and large, creating a spiral of interest and participation in the short and medium term.

The increase in active addresses

In parallel with the activity of the whale, TonCoin has recorded an increase of 30% in active addresses. This metric is crucial for understanding the health of a cryptocurrency, as it measures user interaction with the network. 

An increase in active addresses suggests that a growing number of investors are participating in the market, with a higher frequency of smaller-sized transactions.

The growth of active addresses is an indicator of a healthy and expanding ecosystem. It represents an improvement in the overall liquidity of TonCoin, as a larger number of users conducting transactions makes coin exchange easier. With greater liquidity, transactions can be executed with less slippage and at more stable prices, helping to make TonCoin a more reliable digital currency for traders and investors.

Furthermore, the increased participation of active addresses can also be a sign that TonCoin is gaining popularity among small investors, who see in this cryptocurrency an investment opportunity. This increase in interest could be due to factors such as technological developments, strategic partnerships, or marketing campaigns that have brought TonCoin to the forefront.

Implications for the price of TonCoin

The activity of the whale, combined with the increase in active addresses, could herald a bull movement for TonCoin. When the whale start accumulating a cryptocurrency, they often do so in anticipation of a potential price increase. At the same time, greater participation from small investors helps to strengthen market confidence and increase demand.

The increase in large transactions and active addresses, in fact, creates a combination that could push the price of TonCoin upwards. The accumulation of coins by the whale reduces the available supply on the market, which, in the presence of growing demand, could lead to a rise in prices.

Furthermore, the increased participation of users can stimulate the ecosystem and promote the adoption of TonCoin in decentralized applications, payments, and other use cases. This not only improves the usability of the Ton network but also helps to strengthen trust in the cryptocurrency as a long-term investment.

Conclusion

TonCoin is experiencing a significant growth moment, with an increase of 80% in large transactions and 30% in active addresses. This data indicates a growing interest from whales and greater participation from small investors, which contribute to improving liquidity and making the market more stable.

If these trends continue, TonCoin could be ready for a price increase, especially if demand continues to grow in line with transactional activity. Investors should closely monitor these metrics, as they offer valuable insight into the future evolution of this promising cryptocurrency.

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