Toncoin (TON) Price Prediction: TON Slides 21% Despite Brief Bounce After $7B Market Meltdown
The post Toncoin (TON) Price Prediction: TON Slides 21% Despite Brief Bounce After $7B Market Meltdown appeared on BitcoinEthereumNews.com.
Toncoin (TON) defied the odds this week, staging a stunning comeback after a $7 billion crypto market meltdown sent prices tumbling in one of 2025’s most volatile trading sessions. The token’s dramatic rebound from steep intraday losses has reignited discussion around its recovery potential and the broader resilience of the TON blockchain ecosystem. Despite heavy selling pressure triggered by sudden macroeconomic shocks, Toncoin’s swift bounce back highlighted both market volatility and investor confidence in its long-term fundamentals. Toncoin (TON) witnessed a remarkable rebound following one of the most turbulent days of the year. After plunging nearly 50% within 24 hours, the TON coin price quickly recovered from intraday lows around $1.53, showcasing its resilience in a market rattled by fear and forced liquidations. The broader crypto sector suffered a massive jolt on October 10, 2025, after U.S. President Trump announced a 100% tariff on Chinese imports. The unexpected policy move sparked panic selling, liquidating over $7 billion in leveraged crypto positions. Toncoin was among the hardest-hit altcoins, dropping 41% before swiftly rebounding, reaffirming its reputation as one of the most reactive and community-backed assets in the digital economy. Understanding the Flash Crash Analysts described the event as a “textbook liquidation cascade.” A mix of excessive leverage, low liquidity, and macroeconomic uncertainty triggered rapid sell-offs across major exchanges. Altcoins like toncoin were particularly exposed due to their higher volatility and thinner trading books compared to leading digital assets like Bitcoin and Ethereum. $TON surged from $0.58 to $1.53 within minutes, signaling a strong recovery and bullish momentum. Source: @LukaonTon via X During the flash crash, some platforms briefly displayed Toncoin trading as low as $0.58, though corrected data later confirmed a more accurate floor near $1.53. The quick rebound suggested robust buying interest from long-term holders and opportunistic traders who capitalized…
Filed under: News - @ October 12, 2025 2:23 am