A quick chat over the weekend: TG founder arrested, TON TVL escaped nearly 60% in a single day! ! !
When I woke up, the news of T's founder's arrest spread throughout the crypto circle. TON once fell to a low of 5.45, and now it is consolidating at the key point of 5.55. The market sentiment is panicking again, and many tokens have fallen by about 10% compared with yesterday. The good news is that BTC is still strong and still at the 64,000 line. It has been reluctant to go down for a long time, but it has not set a new high. In fact, this is also bad news. Although TG's operation has long been decentralized and globally distributed, it also highlights the helplessness under certain contradictions. Although decentralized, it is not considered free. Although everyone likes to pursue freedom, there is no absolute freedom. There were DoKwon, Afro, CZ, etc. before, and Durov now, but CZ will return to normal life and work next month, and the other two are nowhere in sight. What will Durov do this time? It is currently reported that he will face a maximum sentence of 20 years!
TON TVL fell back by 58% in response, with more than half of the liquidity lost in a single day. Most of the liquidity has run away. This move will definitely have an impact on TON/NOT and the upcoming DOGS, but how big the impact will be remains to be seen!
It is recommended to wait and see for the TON series of tokens for the time being, giving it some time to ferment. After all, most of the liquidity has fled, which is not a trivial matter!
For BTC and other noses, it is recommended to do it only once for the points that have been touched. It will be safer to wait for the support level of the next step when touching!
