{"id":650109,"date":"2024-10-27T09:30:39","date_gmt":"2024-10-27T09:30:39","guid":{"rendered":"https:\/\/wncen.com\/?p=650109"},"modified":"2024-10-27T09:06:53","modified_gmt":"2024-10-27T09:06:53","slug":"toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy","status":"publish","type":"post","link":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/","title":{"rendered":"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?"},"content":{"rendered":"

Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the market. The price of the altcoin seems to be recovering<\/a> nicely after suffering an abrupt decline on Friday, October 26.\u00a0<\/span><\/p>\n

As of this writing, the value of Toncoin stands around $4.92, reflecting an almost 3% upswing in the past day. However, this single-day action has had minimal impact on the token\u2019s performance on the weekly timeframe. According to data from CoinGecko, the TON price is down by nearly 7% in the past week.<\/span><\/p>\n

What Does The Declining Sharpe Ratio Mean?<\/b><\/h2>\n

In a recent Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Darkfost explained<\/a> the relevance of the \u201cSharpe Ratio\u201d metric to cryptocurrency price. According to the crypto pundit, the Sharpe Ratio for Toncoin has been in decline in recent weeks, signaling a period of decreased risk.<\/span><\/p>\n

Related Reading: Dogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means<\/a><\/div>\n

The relevant metric here is the Sharpe Ratio, which assesses the risk-adjusted returns of an investment. This indicator basically measures how much profit an investment offers per unit of risk (considering risk is quantified by volatility).<\/span><\/p>\n

Typically, a rising Sharpe Ratio<\/a> signals a higher risk-adjusted performance. On the other hand, when this metric is in a downward trend, it implies that the coin is in a \u201clower-risk zone\u201d and profits are becoming less significant.\u00a0<\/span><\/p>\n

\"Toncoin\"
Source: CryptoQuant<\/figcaption><\/figure>\n

According to Darkfost, it appears that both volatility and risk are decreasing for Toncoin, as its Sharpe Ratio continues to fall. With the altcoin showing reduced sensitivity to price fluctuations, it offers a more favorable risk-return balance and a less risky market for investors.<\/span><\/p>\n

A less volatile market condition may be ideal for Toncoin investors<\/a> to accumulate tokens with less exposure to abrupt price movements. The Quicktake analyst, however, warned investors to approach the market with caution as the \u201clower-risk zone\u201d may not be completely safe.\u00a0<\/span><\/p>\n

Darkfost specifically advised investors to still watch out for Bitcoin\u2019s price movements<\/a>, as the market tends to respond to swings from the premier cryptocurrency.<\/span><\/p>\n

Toncoin To Overtake Ethereum In This Metric Before 2025<\/b><\/h2>\n

In a separate Quicktake post, an analyst has projected<\/a> Toncoin to overtake Ethereum in terms of adoption before the end of 2024. According to Maartunn, the number of TON holders, which currently stands at 112 million, is expected to surpass ETH holders by December 20, 2024.<\/span><\/p>\n

This projection is based on Toncoin\u2019s recent growth spurt, which has seen the network gain an average of 500,000 new holders daily over the past month. According to the Quicktake analyst, the number of TON holders could exceed that of Ethereum (currently 137 million) if this trend continues.<\/span><\/p>\n

Related Reading: Would Bitcoin Reclaim $70,000 Soon? Key Data Suggests New Investors Hold the Key<\/a><\/div>\n

However, Maartunn noted that this prediction doesn’t account for the potential of a slowdown in TON\u2019s growth rate and the continuous growth of ETH holders. The analyst acknowledged that while these two factors are only variables, they may still influence the projected dates.<\/span><\/p>\n

\"Toncoin\"
The price of TON on the daily timeframe | Source: TONUSDT chart on TradingView<\/a><\/figcaption><\/figure>\n
Featured image from Unsplash, chart from TradingView<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the market. The price of the altcoin seems to be recovering nicely after suffering an abrupt decline on Friday, October 26.\u00a0 As of this writing, the value of Toncoin stands around $4.92, reflecting an almost 3% upswing in the past day. However, this single-day action has had minimal impact on the token\u2019s performance on the weekly timeframe. According to data from CoinGecko, the TON price is down by nearly 7% in the past week. What Does The Declining Sharpe Ratio Mean? In a recent Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Darkfost explained the relevance of the \u201cSharpe Ratio\u201d metric to cryptocurrency price. According to the crypto pundit, the Sharpe Ratio for Toncoin has been in decline in recent weeks, signaling a period of decreased risk. Related Reading: Dogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means The relevant metric here is the Sharpe Ratio, which assesses the risk-adjusted returns of an investment. This indicator basically measures how much profit an investment offers per unit of risk (considering risk is quantified by volatility). Typically, a rising Sharpe Ratio signals a higher risk-adjusted performance. On the other hand, when this metric is in a downward trend, it implies that the coin is in a \u201clower-risk zone\u201d and profits are becoming less significant.\u00a0 According to Darkfost, it appears that both volatility and risk are decreasing for Toncoin, as its Sharpe Ratio continues to fall. With the altcoin showing reduced sensitivity to price fluctuations, it offers a more favorable risk-return balance and a less risky market for investors. A less volatile market condition may be ideal for Toncoin investors to accumulate tokens with less exposure to abrupt price movements. The Quicktake analyst, however, warned investors to approach the market with caution as the \u201clower-risk zone\u201d may not be completely safe.\u00a0 Darkfost specifically advised investors to still watch out for Bitcoin\u2019s price movements, as the market tends to respond to swings from the premier cryptocurrency. Toncoin To Overtake Ethereum In This Metric Before 2025 In a separate Quicktake post, an analyst has projected Toncoin to overtake Ethereum in terms of adoption before the end of 2024. According to Maartunn, the number of TON holders, which currently stands at 112 million, is expected to surpass ETH holders by December 20, 2024. This projection is based on Toncoin\u2019s recent growth spurt, which has seen the network gain an average of 500,000 new holders daily over the past month. According to the Quicktake analyst, the number of TON holders could exceed that of Ethereum (currently 137 million) if this trend continues. Related Reading: Would Bitcoin Reclaim $70,000 Soon? Key Data Suggests New Investors Hold the Key However, Maartunn noted that this prediction doesn’t account for the potential of a slowdown in TON\u2019s growth rate and the continuous growth of ETH holders. The analyst acknowledged that while these two factors are only variables, they may still influence the projected dates. Featured image from Unsplash, chart from TradingView<\/p>\n","protected":false},"author":590,"featured_media":551166,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[87314],"tags":[83531,12143,87713,87714,88282],"class_list":["post-650109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-toncoin-ton","tag-cryptoquant","tag-ton","tag-toncoin","tag-toncoin-price","tag-tonusdt"],"acf":[],"yoast_head":"\nToncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?<\/title>\n<meta name=\"description\" content=\"Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?\" \/>\n<meta property=\"og:description\" content=\"Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-27T09:30:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-27T09:06:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"635\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Opeyemi Sule\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/fwOpeyemi\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Opeyemi Sule\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/\"},\"author\":{\"name\":\"Opeyemi Sule\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8\"},\"headline\":\"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?\",\"datePublished\":\"2024-10-27T09:30:39+00:00\",\"dateModified\":\"2024-10-27T09:06:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/\"},\"wordCount\":553,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635\",\"keywords\":[\"cryptoquant\",\"TON\",\"Toncoin\",\"Toncoin price\",\"TONUSDT\"],\"articleSection\":[\"Toncoin (TON)\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/\",\"url\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/\",\"name\":\"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635\",\"datePublished\":\"2024-10-27T09:30:39+00:00\",\"dateModified\":\"2024-10-27T09:06:53+00:00\",\"description\":\"Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635\",\"width\":1000,\"height\":635,\"caption\":\"Toncoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8\",\"name\":\"Opeyemi Sule\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g\",\"caption\":\"Opeyemi Sule\"},\"description\":\"Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. \u201cLooking\u201d is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi\u2019s favorite part - in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. \u201cThis emphasizes the intricacies of blockchain technology and the cryptocurrency market,\u201d he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi\u2019s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings. Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that \u201cwhatever is worth doing at all is worth doing well.\u201d Hence, you will always find him striving to be better. Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/opeyemi-sule-027bb5227\",\"https:\/\/x.com\/https:\/\/twitter.com\/fwOpeyemi\"],\"url\":\"https:\/\/wncen.com\/author\/oluwatosino\/\"}]}<\/script>\n","yoast_head_json":{"title":"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?","description":"Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/","og_locale":"en_US","og_type":"article","og_title":"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?","og_description":"Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the","og_url":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-10-27T09:30:39+00:00","article_modified_time":"2024-10-27T09:06:53+00:00","og_image":[{"width":1000,"height":635,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635","type":"image\/jpeg"}],"author":"Opeyemi Sule","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/fwOpeyemi","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Opeyemi Sule","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/"},"author":{"name":"Opeyemi Sule","@id":"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8"},"headline":"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?","datePublished":"2024-10-27T09:30:39+00:00","dateModified":"2024-10-27T09:06:53+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/"},"wordCount":553,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635","keywords":["cryptoquant","TON","Toncoin","Toncoin price","TONUSDT"],"articleSection":["Toncoin (TON)"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/","url":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/","name":"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635","datePublished":"2024-10-27T09:30:39+00:00","dateModified":"2024-10-27T09:06:53+00:00","description":"Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the","breadcrumb":{"@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635","width":1000,"height":635,"caption":"Toncoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8","name":"Opeyemi Sule","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g","caption":"Opeyemi Sule"},"description":"Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. \u201cLooking\u201d is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi\u2019s favorite part - in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. \u201cThis emphasizes the intricacies of blockchain technology and the cryptocurrency market,\u201d he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi\u2019s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings. Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that \u201cwhatever is worth doing at all is worth doing well.\u201d Hence, you will always find him striving to be better. Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.","sameAs":["https:\/\/www.linkedin.com\/in\/opeyemi-sule-027bb5227","https:\/\/x.com\/https:\/\/twitter.com\/fwOpeyemi"],"url":"https:\/\/wncen.com\/author\/oluwatosino\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Toncoin Sharpe Ratio Is Falling: What It Means And \u2014 Is It Time To Buy?","url":"http:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/toncoin-ton\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635"},"articleSection":"Toncoin (TON)","author":[{"@type":"Person","name":"Opeyemi Sule"}],"creator":["Opeyemi Sule"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["cryptoquant","ton","toncoin","toncoin price","tonusdt"],"dateCreated":"2024-10-27T09:30:39Z","datePublished":"2024-10-27T09:30:39Z","dateModified":"2024-10-27T09:30:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Toncoin Sharpe Ratio Is Falling: What It Means And \\u2014 Is It Time To Buy?\",\"url\":\"http:\\\/\\\/wncen.com\\\/toncoin-ton\\\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/toncoin-ton\\\/toncoin-sharpe-ratio-is-falling-what-it-means-and-is-it-time-to-buy\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/photo-79-95f44c286423.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/photo-79-95f44c286423.jpeg?fit=1000%2C635\"},\"articleSection\":\"Toncoin (TON)\",\"author\":[{\"@type\":\"Person\",\"name\":\"Opeyemi Sule\"}],\"creator\":[\"Opeyemi Sule\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"cryptoquant\",\"ton\",\"toncoin\",\"toncoin price\",\"tonusdt\"],\"dateCreated\":\"2024-10-27T09:30:39Z\",\"datePublished\":\"2024-10-27T09:30:39Z\",\"dateModified\":\"2024-10-27T09:30:39Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/photo-79-95f44c286423.jpeg?fit=1000%2C635","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/650109"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/590"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=650109"}],"version-history":[{"count":4,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/650109\/revisions"}],"predecessor-version":[{"id":650127,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/650109\/revisions\/650127"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/551166"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=650109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=650109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=650109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}