Toncoin Drops 2.4% as Post-Rally Selling Pressure Caps Gains

CoinDeskWednesday, November 12, 2025 at 4:58:56 PM
Toncoin Drops 2.4% as Post-Rally Selling Pressure Caps Gains
On November 12, 2025, Toncoin saw a brief rally, reaching $2.1165 due to increased trading volume. However, this surge was short-lived as heavy selling pressure quickly emerged, resulting in a 2.4% drop in price. The token's value settled around $2.02, which is a critical support level. This event underscores the inherent volatility of the cryptocurrency market, where rapid price changes can occur due to trading dynamics. The situation reflects broader trends in cryptocurrency trading, where investor sentiment and market reactions can significantly influence asset prices.
— via World Pulse Now AI Editorial System

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