After the arrest of Pavel Durov in France in August of this year, the coin $TON went sideways.
Many probably have serious doubts about the coin's near future. Especially considering that against the backdrop of general market growth, the TON coin continues to remain within a sideways range.

Nevertheless, since August 24 (the day of Durov's arrest), the number of wallets with a balance of over $100,000 has increased by +30%.
The number of wallets with balances from $1,000 to $100,000 has increased by +20%.
And the number of wallets with balances below $1,000 has increased by +115% 📈

Moreover, the important fact here is that the number of whales in the coin has increased, not decreased, indicating good prospects for the coin in the medium to long term.
Overlay the growing trend of new applications within the TON ecosystem.
Moreover, it is no longer rare to see good drops from new applications. Recently, there was a drop of the MAJOR coin.

It is obvious that such giveaways of free money are aimed at growing the user base of the TON ecosystem. In simple terms, marketing is working at full throttle.

🕯 Technical analysis

During the market crash at the beginning of the week, the TON coin reached its medium-term upward trend line and immediately bounced back (see chart). Thus, the upward trend in the coin was not broken.
Moreover, the coin fell below the long-term moving average MA200d, but quickly returned back above it, leaving a long shadow below on the weekly timeframe.
Due to this crash, the coin simply formed strong bullish formations, while unloading indicators 💪

Considering that the growth momentum that began at the beginning of the year has already corrected to 0.618 on the Fibonacci scale, and the price is squeezing up to the previous historical maximum - a new peak and a new wave of growth is merely a matter of time.

💡 If you haven't bought the coin yet, there is still an opportunity to do so at reasonable prices.
When the coin breaks its high, it will quickly soar above $10, adding a zero to its price, and you won't be able to buy the coin for less than $10 anytime soon.

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