watch
Telegram and $TON Show Market Volatility After Elon Musk and Durov Trolling
The mood among holders varies as recent developments shake up perceptions. Yesterday, Telegram and $TON staged a dramatic show—almost as if Elon Musk and Pavel Durov decided to troll the entire market.
The sequence of events was as follows:
Initially, Durov announced that Telegram had agreed to a partnership with Elon Musk's xAI, with Grok, Musk's AI bot, set to integrate directly into Telegram. The deal was valued at $300 million plus 50% of subscription revenue, which sounded promising.
Subsequently, Musk clarified that nothing had been signed yet, causing investor optimism to wane and the $TON price to drop.
Durov then downplayed the situation, suggesting it was just formalities, which led to a rebound in $TON's price.
Within a few hours, $TON's price was highly volatile—some bought in, some sold out, and others simply deleted the app.
Meanwhile, Telegram announced bonds worth $1.5 billion at 9%, aimed at repaying old debts. Major institutional players like BlackRock and Citadel continue to buy.
This series of events reflects ongoing market intrigue, with various projects and analyses in play, including Bee Harvest, Ton Station, and others. The overall question remains: will this collaboration push $TON higher or lead to stagnation? The sentiment is mixed, with hopes for growth but caution about future stability.
Source available for registered users Sign Up Free
AI Analysis
The recent developments involving Telegram and $TON highlight a key period of volatility driven by high-profile statements and speculative news. Pavel Durov's announcement of an agreement with Elon Mu...
AI Recommendation
Given the current market volatility, it is advisable to adopt a cautious stance regarding $TON and related assets. Investors should avoid making impulsive decisions based solely on speculative news or...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
sell
strong buy