According to Odaily Planet Daily, The Open Network (TON) ecosystem has suffered a series of setbacks over the past week due to a series of unfavorable news. The turmoil began with the arrest of Telegram founder Pavel Durov, and then the blockchain network was interrupted twice due to excessive load.
In addition, from June 23, 2024 to August 30, 2024, the total market value of the top ten tokens in the TON ecosystem shrank from US$20.51 billion to US$15.38 billion.
During this period, the market value of Toncoin (TON) dropped from $18.71 billion to $13.57 billion; the market value of Notcoin (NOT) also dropped sharply, from $1.5 billion to $849 million.
