Recently, one of TON Coin’s market makers sold nearly $2 million worth of assets in a short period of 4 hours. This brought about a drop in price. Yesterday, the TON Coin price spiked to $5.25, and was last seen this week when the markets crashed. Now the price is stalling at $5.60.

The only problem for TON Coin is the possible sanctions Telegram may face. When the process becomes clear, it will become clear how much TON Coin will be affected by this situation, and the price fluctuations will probably continue.