Toncoin Reaches New Milestone in TON Ecosystem! 🚀
- Surpasses 1.1 Million Daily Active Users (DAUs) and Reaches $13.96 Billion Market Cap.
- On May 13, Toncoin broke the DAUs record and has held the highest market cap position in the TON ecosystem since August 26.
- After Telegram CEO Pavel Durov was arrested at Le Bourget Airport near Paris.
Whales Dominate
- GOMINING and STON have 98% of their tokens held by large investors (as of August 19).
- This concentration could cause major volatility due to the influence of whales.
Toncoin Before the Sell-Off
- On August 25, Toncoin price dropped 25% to $5.24 following news of Durov's arrest.
- Despite the price drop, many technical and market factors suggest that Toncoin could recover.
Macron's Statement
- French President Macron confirmed that he did not invite Durov to France and did not know about his trip.
- Durov was indicted, released on bail of 5 million euros, must report weekly and stay in France.
What do you think about the future of Toncoin? Comment now! 💬