- All Toncoin holders are currently in profit with the token’s price near $8.00.
- Toncoin’s price surged over 7% to reach an all-time high of $8.13.
- The number of TON addresses has grown significantly, from about 5,800 in mid-June 2023 to over 20,870 by June 2024.
Recent data reveals that all holders of Toncoin (TON) are currently profitable, with the price stabilizing near $8.00. This remarkable statistic highlights a significant milestone for TON, as it reflects a complete shift from the previous year when a vast majority of addresses were at a loss.
Toncoin’s recent performance has been impressive, with its price surging over 7% on Friday to achieve an all-time high of $8.13. This growth means that the average acquisition price for the 21,490 TON addresses is now below the current market price, placing all holders in a profitable position. This is a notable improvement from a year ago when over 90% of TON addresses were in loss, with the token trading around $1.40.
The rise in TON’s price and profitability has been accompanied by a significant increase in the number of addresses holding the token. The number of TON addresses has grown from approximately 5,800 in mid-June 2023 to over 20,870 by June 10, 2024. Notably, addresses holding fewer than 10 TON tokens have more than doubled from around 4,900 in March to over 10,000 in early June.
Ownership distribution among TON holders shows that retail investors currently possess about 39.9% of the total supply, while whales hold 30.5%, and investors account for 29.5%. This diverse ownership structure reflects a broad interest in Toncoin across different investor types.
Telegram’s integration of TON into its ad share program for channel owners, along with initiatives like the Open League and the recent price spike of Notcoin (NOT), have collectively fueled Toncoin’s upward momentum.
