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Reading: Why Is TON Coin Rising So Fast? It’s Up 12 Percent But There’s a Problem
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EdaFace Newsfeed > Latest News > Regulations, Law & Policy > Why Is TON Coin Rising So Fast? It’s Up 12 Percent But There’s a Problem
Regulations, Law & Policy

Why Is TON Coin Rising So Fast? It’s Up 12 Percent But There’s a Problem

vitalclick
Last updated: August 29, 2024 2:01 am
5 months ago
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Cryptocurrency After the detention incident that shook the markets, finally beautiful The news came and TON Coin rose. The BTC price also offset the decline that came with the OpenSea news and approached $60,000 again.

Why Is TON Coin Rising?

Pavel Durov TON Coin, which fell after the news of his arrest, is now celebrating his release (being released from custody and taken to court). The Russian billionaire has been released from the police station and is heading to court. He will face “initial questioning and possible indictment” there. The price has pulled back a bit after the abnormal increase, probably because the release part was misunderstood by investors. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!

Durov’s arrest sparked debates about freedom of expression, with French President Emmanuel Macron emphasizing that the move was not “political.” It was understood that the arrest warrant was issued in March 2024 due to refraining from sharing information about a criminal who shared sexual content aimed at minors.

Now Durov in court. If a decision is made here regarding trial without detention, this TON Coin It may trigger the second wave of the rise. If the decision to arrest is made due to the suspicion of escape or the details of the indictment, we may see a sharp bearish candle on the TON Coin front. Investors are looking for volatility in both directions.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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