The founder of Telegram was arrested. How do you view the TON ecological currency?
TON's daily line has not really stopped falling. $TON may further drop to (the range of 4.5-4.8 US dollars) in the future.
The reasons are as follows:
1. The Telegram platform stores a large amount of banned content and refuses to cooperate with the French government's data access order. In addition to our currency circle people's love to use it, it will also be used by terrorist organizations and gray industries.
2. TON's biggest expectation before was to be listed on Binance spot, which has been fulfilled.
3. TON's price includes expectations for the ecosystem. Now that the founder has been arrested, it is difficult for ecological projects to be listed on Binance. Including the opening price of dogs tomorrow will not be satisfactory, the project party will not choose TON chain to list the currency
4. TON's TVL fell sharply today, TVL fell by 60%, big funds really withdrew from TON, and it is bearish in the long term
5. Looking back at the various altcoins that were sued by the SEC before, the historical trends of $BNB and $XRP after CZ was pledged, after a rebound, they were all weak for a long time, and even fell below the price after the news. The current price of TON is not the real bottom