TON's Funding Rates Rise Amid Market Recovery
Update: 2025-11-27
Description
TON, or Toncoin, holds steady around $1.60 as the wider cryptocurrency market shows signs of recovery. Bitcoin and Ethereum lead the way, trading above $91,000 and $3,000 respectively. The CoinDesk Twenty index is up nearly 7% in the past week, but TON only moved up 1.2%. Funding rates for altcoins, including TON, have turned positive, indicating cautious renewed confidence. However, open interest and trading volume in derivatives remain low, suggesting traders arent fully back in the market. TONs price outlook depends on more people taking risks in the altcoin market, as large holders still control much of the supply.
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