According to ChainCatcher, the price of TON, which is linked to Telegram, once fell by 25% due to the arrest of Telegram founder Pavel Durov. However, market analysis of some technical and market factors indicates that TON may rebound sharply in the next few weeks.
A similar situation occurred on BNB. On April 30, CZ was sentenced in the United States and BNB fell 13.5%. However, when the verdict was settled, BNB rose nearly 35% from the low point and hit a high of nearly $700 on June 6. When news about legal disputes broke out, panic selling in the market was more common, as traders rushed to protect their investments from potential impacts.
However, once the initial shock wears off, the market reassesses the situation more rationally, and the same psychological pattern could play out with Toncoin. The arrest of Pavel Durov could be seen as a major red flag, causing traders to exit their positions, leading to a sharp price drop. But if the market later sees the arrest as an isolated incident that does not fundamentally disrupt the Toncoin ecosystem, traders could start viewing the drop as an opportunity to panic buy.
