Over 68% of Toncoin (TON) Supply Held by Whales Amid Sharp Drop in Network Activity

Toncoin (TON), the native cryptocurrency of The Open Network (TON), stands out among altcoins thanks to its deep integration with Telegram, which boasts over a billion daily users. Despite this strategic advantage, TON has lost more than 60% of its value from its all-time high. Data indicates that TON has struggled to regain user interest since the decline of the tap-to-earn trend. Over 68% of TON Supply Held by Whales While Long-Term Holding Remains Low According to CoinMarketCap, over 68% of the total Toncoin supply is held by whale wallets source: https://beincrypto.com/over-68-of-toncoin-ton-supply-held-by-whales/