#TONRally

The current market analysis for $TON (Toncoin) indicates a mixed sentiment. Here are some key points to consider:

- *Price Movement*: Toncoin's price has risen by 1.90% in the last 24 hours, with a current price of $3.48 USD.¹

- *Market Capitalization*: Toncoin's market capitalization stands at $8.62 billion USD, ranking it #14 in the cryptocurrency market.

- *Trading Volume*: The 24-hour trading volume for Toncoin is $373 million USD, indicating moderate market activity.

- *Circulating Supply*: The circulating supply of Toncoin is approximately 2.48 billion TON coins.

- *Technical Analysis*: Some analysts suggest that Toncoin's price may break the downtrend at any moment, with a potential target of $4.5.² However, others indicate that the market lacks momentum, suggesting weaker bullish movements.

Overall, the market analysis for $TON suggests a cautious optimism, with potential for growth but also uncertainty due to market volatility.