Toncoin's price has declined significantly, falling by 44% from its year-to-date high. The cryptocurrency is at risk of further drops as the network's growth appears to be stalling.
This negative trend is influenced by other cryptocurrencies within the Toncoin ecosystem, such as Hamster Kombat and Catizen, experiencing their own price crashes.
Overall, key network metrics for Toncoin have shown signs of deterioration, contributing to selling pressure and the looming risk of a price breakdown below $4.
