Cryptocurrency associated with Durov lost $2.7 billion in capitalization.
27.08.2024
1360
Journalist
Shostal Oleksandr
27.08.2024
1360
Toncoin cryptocurrency suffered significant losses after the arrest of Telegram's founder
According to Bloomberg, the cryptocurrency Toncoin lost 2.7 billion dollars of its capitalization value after the detention of Telegram's founder Pavel Durov.
Toncoin, which was created by Pavel Durov, suffered significant losses but did not lose popularity.
The minimum price for the cryptocurrency was recorded on August 25 at 11:05 AM - 5.34 dollars. In contrast, on August 24, Toncoin was worth 6.8 dollars. Thus, in one day, the price of this cryptocurrency sharply dropped by nearly 20%.
Source: Economic Truth
Read also
- We cannot chase Putin around the world: Zelensky sends delegation for negotiations in Istanbul
- Enemy losses as of May 15, 2025 – General Staff of the Armed Forces of Ukraine
- Sybiga met with Rubio and Graham, composition of delegations from the Russian Federation and Ukraine: main news of the night
- A Day of Mourning Declared in Sumy After Russian Strike
- The Ministry of Defense explained whether foreigners or stateless persons can obtain combatant status in the Armed Forces of Ukraine
- Trump demands 5% of GDP for defense: how NATO plans to meet this unprecedented requirement
