Toncoin (TON) has been experiencing a substantial price decline following the arrest and charges against Telegram's CEO, Pavel Durov. Analysts predict that even if Durov is cleared of all charges, the price of TON might only rebound to $8 until investor confidence is fully restored.
In contrast to TON's current downturn, cryptocurrency whales are showing increased interest in accumulating UNI tokens. This trend indicates a shift in sentiment and investment towards Uniswap and possibly Rollblock.