$TON #TONRally has been trending due to a significant surge in Toncoin (TON) prices, driven by recent developments involving Telegram founder Pavel Durov. Toncoin saw a 20% increase after reports surfaced that Durov had regained his passport from French authorities, fueling investor optimism. However, analysts caution that despite bullish trends, factors like a rising Network Value to Transactions (NVT) ratio and declining active addresses could indicate potential overvaluation. While traders celebrate the rally, some warn of a possible correction. As excitement grows, market participants remain vigilant, closely monitoring TON’s price action and future movements in the crypto space.
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