Toncoin Dips 10% After Telegram CEO Arrest

Toncoin Faces a Steep Decline: What You Need to Know
Toncoin (TON), a cryptocurrency closely associated with the messaging app Telegram, has experienced a sharp decline of over 10%. This downturn came after the arrest of Telegram's CEO, Pavel Durov, in France. Allegations against him include serious charges such as terrorism, money laundering, and fraud. Despite this setback, some experts anticipate a recovery, with the potential for Toncoin to rally above $7.