86% of TON Investors Saw Loss: A Market Analysis

86% of TON Investors Saw Loss: A Market Analysis

86% of TON Holders Incur Losses The cryptocurrency market data analytics platform, IntoTheBlock, conducted an analysis of The Open Network (TON), revealing that a significant majority of its holders are experiencing losses. The analysis found that: - 86% of holder addresses are currently in the red. - Only 9% of addresses are in profit. - 62% of holders have held TON for less than a year. - 33% of holders have held TON for less than a month. - Only 5% of holders have held TON for over a year. These findings suggest that the TON market has been largely unfavorable for investors. The majority of holders have either recently acquired TON or have been holding it for less than a year, indicating a significant influx of new investors or short-term trading activity. The low percentage of profitable addresses suggests that the market value of TON has not appreciated sufficiently to offset the initial investment of most holders. It is worth noting that these statistics do not provide a complete picture of the TON market. Other factors, such as the trading volume and liquidity, may contribute to the overall health of the network. Nevertheless, the analysis by IntoTheBlock provides valuable insights into the current state of TON investments.