Toncoin's total inflow into exchanges has surged by 37.54% over the past day. Ton hikes by 1.83% on daily charts
has been stuck between the $5.1 and $5.5 range. While most altcoins have made recent highs as they continue to enjoy Bitcoin’s momentum, TON has made moderate gains.
Despite the recent gains, TON remained approximately 32.84% below its ATH of $8.24. Therefore, although the altcoin has recorded some gains on price charts, the overall market sentiment remains bearish.This selling pressure is evidenced by the rising inflow into exchanges. According to IntoTheBlock data, inflow into exchanges has surged by 37.54% over the past 24 hours. This has risen from a low of $34.05 million to $48.69 million over this period.
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