#TONRally #TONRally Toncoin (TON) investors have seen a glimmer of hope in recent days after the token experienced a sharp 25% price bounce in just four days. However, despite this short-term optimism, many are questioning whether this rally is truly the start of a new bullish trend or if it’s simply a “dead cat bounce” – a temporary recovery in a longer-term downtrend.
The past several weeks have not been kind to Toncoin holders, with data showing that an overwhelming 96% of TON holders are currently at a loss. Despite this, the token has seen some positive movement, with high trading volumes accompanying the recent bounce. But does this momentum have staying power, or is it just a fleeting blip on a largely bearish chart $TON