Whether you choose to buy or sell TON depends on your market strategy. If you are a short-term trader, focusing on scalping, day trading, or swing trading, then one approach may be appropriate. If you view purchasing TON as a long-term investment, a different approach may be necessary. Always remember to do your own research and this is not financial advice.
For short-term traders, TON presents an attractive opportunity due to its high liquidity and support on a lot of exchanges. Its strong marketing suggests potential growth in the number of users and funds, making it a viable option for trading.
However, for those who plan to hold TON for the long term, there are other factors to consider. The tokenomics of the project show that 90% of all tokens are held by the top 100 wallets, lacking decentralization. Additionally, the project has faced obstacles in the form of SEC regulations. Issuing own stablecoin is hardly feasible (will get banned from stores) These factors, combined with the presence of a market manipulator, make it uncertain as a long-term investment asset.
DYOR, not financial advice Show Less
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