Toncoin Drops 2.4% as Post-Rally Selling Pressure Caps Gains

The token concisely rallied to $2.1165 connected accrued measurement earlier dense selling erased gains, pulling TON backmost to cardinal enactment levels astir $2.02.

Nov 12, 2025, 4:58 p.m.

TON$2.0433 reversed earlier gains implicit the past 24 hours, falling 2.37% to $2.0219 connected Wednesday greeting U.S. hours contempt caller signs of increasing interest.

The downturn followed a little rally up of the U.S. nationalist markets opening, during which TON climbed to a precocious of $2.1165 connected accrued measurement and renewed marketplace optimism, according to CoinDesk Research's method investigation information model.

But the marketplace absorption didn’t hold. After the archetypal propulsion higher, dense selling erased earlier gains, pulling TON backmost toward cardinal enactment levels astir $2.02. Volume surged arsenic the terms reversed, suggesting ample traders took profits adjacent absorption portion short-term holders followed.

The $2.02 people present serves arsenic a cardinal enactment of defense. If that enactment holds, bulls whitethorn regroup astir the $2.12 absorption area. If it breaks, the caller rally whitethorn springiness mode to a broader pullback.

Volatility and trading measurement stay elevated, pointing to continued interest, but besides ongoing uncertainty, arsenic TON reacts to competing signals from semipermanent holders and tactical sellers.

Disclaimer: Parts of this nonfiction were generated with the assistance from AI tools and reviewed by our editorial squad to guarantee accuracy and adherence to our standards. For much information, spot CoinDesk's afloat AI Policy.

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