#BuiltonSolayer Ton is a layer 1 decentralized network with marketcapitalization of 7.98 billion. The fear and greed index is is positive today. However a question arises wheather the crypto is elastic of market index. The market cap vs volume is 3.28 percent which means the crypto is inelastic of fear and greed index. The index movement is unable move the coin though the platform concentrations is 1.66. The transaction volume has incresed with market dominance 0.2089 percent.
From the token unlock data it is seen solayer has 50.39 percent crypto for the founder.however it is burning 14 percent crypto for airdrop purpose. The temaining are available in the exchange for trading.
There is a supply pull for the coin. Ulesd the airdrop or fouder percent does not fluctuate the crypto should get momentum.