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CoinGape

Toncoin Price Risks $4 Breakdown as Network Growth Stalls

CoinGape
Summary
Nutrition label

67% Informative

Toncoin price remains in a deep bear market after falling by 44% from the year-to-date high.

The network’s ecosystem growth has stalled in the past few months , with the number of new accounts slowing.

The number of on-chain wallet activations per day has dropped from 650,000 in September to 110,000 .

TON token recently formed a death cross pattern on the daily chart.

VR Score

48

Informative language

35

Neutral language

55

Article tone

formal

Language

English

Language complexity

32

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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