Toncoin Drops Over 10% Following Telegram Founder’s Arrest In France

Toncoin Drops Over 10% Following Telegram Founder’s Arrest In France

According to BlockBeats, on August 25, Toncoin (TON) experienced a sharp decline of over 10%, temporarily trading at $6.01. 

This sudden drop is believed to be influenced by the news of the arrest of Telegram's founder in France.READ FUL ARTICLE HERE

The market reacted swiftly to the development, causing significant volatility in the price of TON

TON Foundation Member Calls Durov Arrest Is “Shakeout Ops”

From the TON Foundation suggests that Pavel Durov’s arrest is part of a strategic shakeout, emphasizing support for free speech with the hashtag #freepavel. 

He notes that while the association with a central figure like 

Might seem negative for TON, it could attract new traders seeking fresh opportunities in the market.

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