Toncoin, one of the best-performing cryptocurrencies, has seen a declining Sharpe Ratio, indicating decreased risk and reduced sensitivity to price fluctuations.
A less volatile market condition may present an opportunity for Toncoin investors to accumulate tokens with less exposure to abrupt price movements.
Investors should still be cautious and monitor Bitcoin's price movements, as the market tends to respond to swings from the premier cryptocurrency.
An analyst predicts that Toncoin will overtake Ethereum in terms of adoption by December 20, 2024, based on its recent growth in the number of holders.