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06/17 08:17

Will TON Price Collapse to $1 Again Due to India’s

Will TON Price Collapse to $1 Again Due to India’s Ban for 1 Week? TON price took a sharp hit on June 16 after news emerged that India had temporarily restricted access to Telegram until June 22, triggering fresh uncertainty around the messaging platform most closely associated with The Open Network ecosystem. The move came after an NTA recommendation, with India’s Ministry of Electronics and Information Technology reportedly invoking Section 69A of the Information Technology Act, 2000. According to the statement, access to Telegram has been restricted across India for seven days, while message-editing features for Indian users have been ordered disabled until June 30. Telegram Ban Sparks Fresh TON Concerns Markets don’t wait around for lengthy debates. Instead, they react. Following the announcement, TON price dropped from $1.80 to $1.625 during the intraday session, marking a decline of more than 10%. The selloff added pressure to a trend that had already been unfolding since early May, when the token peaked near $2.90. Meanwhile, the temporary Telegram restriction has reignited concerns about how regulatory actions could affect sentiment around TON. Founder Pushes Back Against Restrictions Adding another layer to the story, Telegram founder Pavel Durov publicly criticized the decision. According to his comments, the restriction affects more than 150 million ordinary users in India. Durov argued that Telegram itself was not responsible for leaked examination materials and claimed that restricting the platform merely shifted activity elsewhere rather than solving the underlying issue. Even so, traders appeared more focused on immediate uncertainty than broader philosophical arguments.#2026 World Cup Posting Challenge on HTX Square #HTX Creation Challenge — Post and Win 1,500U 💥

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