Toncoin (TON) investors are having a tough time! 🚀 TON, which reached an all-time high of $8.20 in June, is currently trading around $4.80, down 40%. This drop is due to negative news such as the arrest of Telegram CEO Pavel Durov.

On-chain data suggests that the TON price could fall further. Large transactions are down 0.46%, and analyst Ali Martinez says the price could fall to $2.60 if the $4.70 support level is not maintained. 📉