The open web (TON) ecosystem has suffered a series of setbacks over the past week due to a series of bad news. The upheaval began with the arrest of Telegram founder Pavel Durov, followed by two major disruptions to the blockchain network, causing block production to come to a standstill.
And, from June 23, 2024 to August 30, 2024, the total market cap of TON's top ten tokens shrank from $20.51 billion to $15.38 billion. Toncoin (TON) was valued at about $18.71 billion during this period, and has since fallen to $13.57 billion. Notcoin (NOT) also saw a significant decline, falling from $1.50 billion to $849 million.
In the past 70 days, the top ten market capitalization of TON token economy evaporated 5.13 billion dollars
2024-08-31 22:32:54
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