đToncoin ( $TON )âł
The layer-1 cryptocurrency Toncoin is gaining investorsâ attention with its airdrop facility and several others. The TON price is down 0.1% today and continues the three-month correction under the influence of a downsloping trendline.
With sustained selling, the altcoin is poised for an 11.26% drop to retest the $4.58 support and recuperate the bullish momentum.
According to Santiment data, the largest holders of TON (with wallet sizes ranging from 1 million to 10 million tokens) have been steadily increasing their holdings since last August. Their cumulative holdings have reached 31.2 million tons, reflecting growing confidence among major investors.
