Whales offload Toncoin as “altcoin season” faces challenges: TON netflow down 97%

Telegram-based Toncoin sees its market dominance dwindle after a remarkable performance that saw TON outshining established projects such as Cardano (ADA). The downbeat mode comes as whales lose patience, with the anticipated “altcoin season” facing challenges. The alt space displays weakness as the Altcoin Season Index plunged to 16, according to blockchaincenter. The metric should

Source: Invezz