Toncoin plunges 9% after 3 USD rally—can Telegram’s 800M users save it?

Toncoin’s recent decline follows a peak near 3.06 USD, driven by bearish pressure, now positioning at 2.78 USD. Despite this, the potential for recovery remains as the integration with Telegram, which has 800 million users, could enhance adoption.

The TON ecosystem continues to flourish with new features such as a non-custodial wallet and a focus on tokenizing real-world assets. Daily income remains strong at 17.39 million USD, reflecting active use in DeFi.

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