Toncoin's price dropped below $5, reaching a four-month low after the arrest of Telegram founder and CEO Paul Durov. The cryptocurrency, which powers The Open Network (TON), saw a 4.1% decrease in price, resulting in a 26% loss over the past two weeks. This decline pushed Toncoin out of the top ten cryptocurrencies by market capitalization.
Toncoin Price Hits Four-Month Low Amid Telegram Founder Arrest and Network Outages
Sep 04, 2024