🚀 **Toncoin Soars After Multi-Month Low!** 🚀

- Toncoin (TON) has staged a remarkable recovery, hitting a high of $6.38, up 35% from its lowest point this week.

- Despite weak on-chain metrics, with daily burned Toncoins dropping to 5,766 from a high of 28,000, the number of on-chain activated wallets rose to nearly 12 million.

- Daily active wallets have slipped to 459,230 from July’s high of 700,000.

- The crypto market sentiment has improved, with Bitcoin and other altcoins showing impressive recoveries.

- Toncoin's 24-hour trading volume surged to over $1.3 billion, and open interest in futures hit $236 million.

- Technical analysis shows a hammer candlestick pattern, indicating a potential bullish reversal.

💬 What do you think about Toncoin's recovery? Share your thoughts in the comments! 💬