Toncoin Crashes to All-Time Low: Investors Question TON Blockchain's Future

On March 4, 2025, Toncoin, the native cryptocurrency of the Telegram Open Network (TON), experienced a significant price drop, crashing to an all-time low of $2.820. This dramatic decline has raised concerns among investors about the future of Toncoin and the TON blockchain project.

The price analysis for March 4, 2025, reveals a series of downward trends and sell-off pressure that led to the record low. After reaching a high of $3.580, the price began to decline, forming a spike and channel pattern. Despite attempts to overcome selling pressure, the price continued to drop, with a death cross of the Moving Average Convergence Divergence (MACD) indicator pushing it lower. The Relative Strength Index (RSI) also indicated oversold conditions, further exacerbating the downward trend.

The price broke out of a range to the downside, forming a converging triangle that ultimately led to a new all-time low of $2.820. While there were brief periods of upward momentum, such as a golden crossover, these were not sufficient to reverse the overall downtrend. The persistent selling pressure and lack of a clear reversal signal have raised questions about the future of Toncoin and the TON blockchain project.

Investors should exercise caution and consider reevaluating their positions in light of the recent price decline. New investors should also be mindful of the risks associated with cryptocurrency investments and consider proper risk management strategies. The future of Toncoin and the TON blockchain project remains uncertain, and investors should closely monitor market conditions and developments in the broader crypto market.