Is Toncoin the New Crypto Messiah? 🤔💰

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Toncoin (TON) is having a rough go at it, folks. It’s like trying to sell ice cream in a blizzard! The coin’s been on a downward spiral, trading below the $4 mark, and the past few weeks have been a real bummer. 🙁

But fear not, my fellow crypto enthusiasts! CryptoQuant’s very own Darkfost has some insights that might just brighten your day. Despite the bearish climate, long-term investors are still seeing some green. 🍀

Darkfost, in a recent post on CryptoQuant QuickTake, revealed that long-term holders—those who’ve held their TON for over a year—are currently sitting on a 69% profit. Yes, you read that right, 69%! Meanwhile, short-term traders are feeling the pinch. 😢

So, is TON the long-term crypto savior we’ve been waiting for? Well, let’s dive a bit deeper. The total value locked (TVL) on the TON network has remained steady at $300 million since the start of 2024. That’s some serious staying power, folks! 🚀

Is $TON made for the long term?

Today, the only investor category still in profit on TON is the long-term investors.

Currently, investors who have held their positions for over one year are still enjoying a 69% profit, whereas short-term investors are incurring losses.

— Darkfost (@Darkfost_Coc) February 24, 2025

But wait, there’s more! The TON workchain, a flexible blockchain layer for smart contracts and user transactions, has been buzzing with activity. Remember the “Hamster Kombat” craze? It caused a noticeable uptick in network usage, proving the workchain’s capacity to handle diverse applications. 🐹💥

The masterchain, the backbone of the TON network, stores global configuration data, validator states, and hashes from all workchains. It’s like the central nervous system, ensuring everything runs smoothly. 🧠

According to Darkfost, the TON ecosystem has shown impressive growth in 2024, maintaining robust activity and a solid TVL despite the crypto market’s overall decline. TON seems to have established itself as a long-term player in the crypto world. 🌟

In conclusion, the TON ecosystem has developed impressively throughout 2024, maintaining robust activity and a solid TVL despite a general decline in crypto market interest. TON appears to have established itself in the crypto ecosystem for the long term.

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2025-02-25 04:36