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