Toncoin (TON) red alert: It will end like TIA!

Telegram CEO Pavel Durov announced that he will provide data to governments; Toncoin (TON) is at risk of falling

Telegram, the social media platform preferred by hundreds of millions of users, is eliminating the principles of anonymity and privacy. Telegram CEO said that they will share users' IP addresses and phone numbers in response to valid legal requests. The decision in question was interpreted as a compromise with governments.

Telegram's deviation from its purpose of emergence has brought reactions. Toncoin (TON), supported by Telegram, may experience a major collapse accompanied by centralization problems.

"Since Telegram's most interesting feature has disappeared, selling pressure may increase on the TON side," said Martinez, suggesting that the popular altcoin is following the path of Celestia ($TIA ). As it is known, TIA attracted attention during the airdrop frenzy and fell by approximately 65 percent when the frenzy ended.

According to Martinez’s price prediction, TON could fall to around $2.75. The analyst predicts that the price will react after the drop and rise to $4. The remarkable analysis predicted that $TON will reach its bottom towards the end of November.

According to data obtained from CoinGecko, TON has increased by 1 percent in the last 24 hours. The popular altcoin has reached a market value of $14.3 billion.

According to Martinez’s claim, interest in Toncoin will soon disappear and TON will start to exit.

(Not Investment Advice)

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