TON’s sharp volatility points to market uncertainty
Author: AI Boost | Edited by: Aoyon Ashraf April 3, 2025, 6:17 PM
The cryptocurrency market remains volatile, with Toncoin (TON) showing both significant volatility and impressive resilience.
After forming a head and shoulders pattern with strong resistance at $4.15, TON has recovered from recent lows. It is currently trading at $4.13 with a weekly gain of 12.5%.
This recovery comes amid news that leading venture firms including Sequoia, Ribbit Capital and Benchmark collectively own more than $400 million in TON, indicating institutional confidence in the future of the blockchain.
Disclaimer: This article was created using AI tools and reviewed by our editorial team to ensure accuracy and meet our standards. For more information, please read CoinDesk’s full AI policy. This article may contain information from external sources, which are listed below, where applicable.
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