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Toncoin Price Could Crash As Burn Rate Drops

source-logo  coingape.com 19 December 2024 14:28, UTC
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Toncoin price has suffered a harsh reversal, mirroring other altcoins that have lost momentum this month. This sell-off accelerated after the Federal Reserve’s hawkish decision on Wednesday. Fundamentals like the rising TON inflation, falling burn rate, and poor performance of its ecosystem tokens mean that the coin may continue falling in the near term.

coingape.com