Suliyat🎭
@hardeywumhi
190 Following
829 Followers
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Toncoin (TON) has seen a decline in interest for swaps on its decentralized exchanges, potentially impacting its price. Key highlights:
- The number of swaps on TON DEX has sharply declined, with average daily users dropping to 13,300 and 5,250 on (link unavailable) and DeDust, respectively.
- The decline is attributed to reduced open positions, uncertainty over legal issues, and unfavorable market conditions.
- Investors are shifting interest from decentralized trading to staking, which could provide a strategic opportunity.
- The decline in interest for swaps reflects reduced buying pressure and increased uncertainty, leading to oversupply and reduced scarcity.
- TON's stock-to-flow ratio has dropped, and supply on exchanges has spiked, indicating potential selling pressure and downward price pressure.
If conditions persist, TON could drop to $5.2. However, if investors view the decline as a buying opportunity, the altcoin could break out to $6.1. 0 reply
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Life is a book, with unwritten pages,
A story unfolding, with every turning stage.
Each day a new chapter, a fresh start anew,
A chance to rewrite, the story we hold true.
The pen is in our hands, the ink is our choice,
The words we write, shape the life we rejoice.
With every step forward, we pave our own way,
And the unwritten pages, become a brighter day.
Through trials and tribulations, we find our strength,
And in the darkness, a light begins to length.
For every ending, marks a new beginning too,
And the unwritten pages, wait for us to break through.
So let's write our story, with courage and might,
And fill the unwritten pages, with love and delight.
For life is a journey, we're writing every day,
And the unwritten pages, are ours to fill in every way. 4 replies
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