More than 68% of all Toncoins are concentrated in the wallets of large holders, according to CoinMarketCap. This uneven distribution increases the risks of volatility, especially given that less than 20% of investors hold tokens for more than a year — most prefer short-term speculation.
Since the beginning of the year, the network’s activity has dropped sharply — the number of active wallets has decreased from 450 thousand to 78 thousand, according to Artemis. This coincided with a loss of interest in the ecosystem after the end of the hype around Ton-slappers. TON fell from $ 8.20 to $ 2.84, losing more than 65% from its peak. Most of the coins were accumulated at a price below $ 3, as shown by Glassnode data.
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