TOR, the cryptocurrency that has been navigating a period of volatility, is currently priced at $1.59. Despite a modest 24-hour trading volume of $61,868.67, it has a market capitalization of $28,993,326. The token continues to attract traders' attention with a circulating and total supply of 17,070,482 TOR.
However, it has recently seen significant price changes. In the last 24 hours, the value of TOR has decreased by 72.67%; It decreased last week by 71.36%. Compared to the token's all-time high of $9.68 on January 12, 2024, the current price is 82.54% lower. However, it should be noted that the current value is still 169,423.66% higher than the all-time low of $0.0009969, recorded on November 24, 2023.
Furthermore, TOR is currently available for trading on both decentralized and centralized exchanges, with ApeSwap being the most popular option. The most active trading pair is TOR/BUSD, which saw a trading volume of $2,774.92 over the past 24 hours. The daily trading volume remained stable without any significant change.
TOR Trading Analysis: Challenges Ahead
Comparatively, TOR performed poorly against the global cryptocurrency market, with a decline of 4.60%. It also lags behind similar stablecoins, which are up 0.30%. This poor performance highlights the current challenges the token faces in the market.
Looking to the future, the TOR price prediction is cautiously optimistic. Given the recent sharp decline, there may be a recovery on the horizon, which could lead to a gradual increase in value. Analysts point out that the stability of the market, coupled with TOR's unique position and features, could fuel a positive trend. However, given the inherent volatility of cryptocurrencies, investors should tread carefully and conduct thorough research.
MetaMask and TOR: Simplified Trading
Traders can import TOR tokens into MetaMask wallets using the contract address. This integration makes it easier to manage and trade TOR on different platforms.
Overall, TOR has faced significant challenges recently; Its past performance and potential for recovery make it an icon to watch. Investors and traders should stay informed about market trends and TOR developments to make informed decisions.
