TON Stock Continues to Drop as Pavel Durov Remains in French Custody. $TON

Toncoin (TON), the native token of The Open Network, has taken a major hit, dropping 20% ​​after Telegram CEO Pavel Durov was arrested in France

TON was trading at around $7 before the chaos hit its peak. But once the news broke, it dropped to a low of $5.31. We’re talking a massive drop here, folks — 20% in the blink of an eye. That’s taken its market cap from over $17 billion to around $13.4 billion. $TON