Toncoin (TON), the native token of The Open Network, a blockchain associated with Telegram, has experienced a notable decline in its price. Within the past 24 hours, TON saw a steep drop of 8.56%, trading at $4.79, according to CoinMarketCap data.
This significant decrease in TON's value mirrors the performance of other tokens on the same blockchain, including Notcoin (NOT) and DOGS (DOGS), which also witnessed sharp declines during the same period.
The article highlights the broader challenges faced by Toncoin and the TON blockchain, exacerbated by issues related to Telegram.
