TON traders might view the recent dip as a chance to buy low if Durov’s arrest is an isolated incident.
Toncoin (TON) has taken a steep dive in the past 24 hours, with prices plummeting as panic selling surged after French authorities shockingly arrested Telegram CEO Pavel Durov.
TON’s price declined by as much as 25% to reach $5.24 on Aug. 25, a day after the news of Durov’s detention went viral. Durov faces charges related to data privacy and cryptocurrency regulation violations.
TON/USDT daily price chart. Source: TradingView
