TONcoin Hits Record Transaction Volume Despite Market Volatility: Whales Remain Confident
The latest rise in transaction volume on the Toncoin (TON) network has created quite a stir in the cryptocurrency world, where it reached new heights and had people talking. Last week, the overall transaction volume hit a staggering 9.03 billion $TON, which was worth approximately $34.28 billion and going up. This was happening even as the price of TON was going up and down, and it's pretty clear that the "whales" who hold large amounts of $TON and $TUSD are very much involved with the TON ecosystem and making it work. https://twitter.com/intotheblock/status/1906653775491654141?t=ZnOXILashCFshS4bk5ivWg&s=19 This excellent book underscores both the rapid adoption of the Toncoin network and the continued confidence of major investors in Toncoin. While the market has been marked by wild price swings, major investors—"whales" in the crypto lingo—seem completely undeterred and are, in fact, making moves that would be […]