Majority of TON Token Holders Loss, Only 9% Profit

Bittime - The latest data from Into The Block, only 9% of TON token holders have managed to make a profit at the current price, namely $4.63. Another 86% made a loss, while 5% were at break-even.

Storage Distribution Token TON

In addition, the distribution of TON token holding times shows a short-term trend. Only 5% of wallets have held TON tokens for more than one year. That means, only a small portion of investors are long-term holders. 

In contrast, 62% of wallets have held TON for less than one year. And what's more striking, 33% of wallets only hold TON for less than one month.

This indicates that most TON investors tend to engage in short-term trading activities. This situation also shows that many investors are not completely sure about holding TON in the long term.

Read Also: Notcoin Launches Telegram Game Accelerator, TON Price Predicted to Rise?

Challenges Facing TON Token Holders

With data showing that the majority of TON holders are experiencing losses, there are several key challenges faced by TON token holders. 

One of them is the volatility of the crypto market. Rapid and unpredictable price movements often make it difficult for investors to establish a clear strategy.

Additionally, the lack of long-term investors can also add to price volatility. With many wallets holding TON only for short periods, there is the potential for a massive sell-off which could further pressure prices if market conditions worsen.

Reasons of TON Investors Experience Losses

There are several factors that can explain why the majority of TON holders are experiencing losses currently. One of them is sharp price fluctuations.

Additionally, bullish periods followed by sharp corrections often cause many investors to fall into the trap of buying at price peaks and selling at lows.

Another factor is that adoption is still limited. Although TON has attracted a lot of attention, from both individual and institutional investors, widespread adoption has not occurred. 

This makes TON more susceptible to speculation than more established crypto assets such as Bitcoin or Ethereum.

Read Also: DuckChain, First Layer 2 on TON Reaches One Million Subscribers on Telegram

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.