Toncoin Price Could Hit ATH as TON Whales Speculate Pavel Durov's Prison Release


Toncoin Price Could Hit ATH as TON Whales Speculate Pavel Durov's Prison Release

  coingape.com 27 August 2024 08:15, UTC

Toncoin price took a huge hit on August 24 after the arrest of Telegram creator Pavel Durov at an airport in France. TON price dropped 27% to $5 and is still struggling to rise back. As a result, Toncoin has fallen out of the top 10 rankings and is now competing for the 11th position, with Cardano price, which is eyeing $1, closely trailing behind. Meanwhile, TON whales exhibited an interesting behavior as they have been accumulating the asset in large amounts. Could they be anticipating Pavel’s release, which may be a huge catalyst for the TON price?

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