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Yash is a crypto analyst specializing in price analysis, predictions, and in-depth research reports. He combines technical indicators with on-chain data to uncover market trends and potential breakouts. His sharp insights help readers navigate the crypto market with confidence. Whether it’s Bitcoin or emerging altcoins, Yash breaks it down with clarity and precision.
Yash is a crypto analyst specializing in price analysis, predictions, and in-depth research reports. He combines technical indicators with on-chain data to uncover market trends and potential breakouts. His sharp insights help readers navigate the crypto market with confidence. Whether it’s Bitcoin or emerging altcoins, Yash breaks it down with clarity and precision.
Yash is a crypto analyst specializing in price analysis, predictions, and in-depth research reports. He combines technical indicators with on-chain data to uncover market trends and potential breakouts. His sharp insights help readers navigate the crypto market with confidence. Whether it’s Bitcoin or emerging altcoins, Yash breaks it down with clarity and precision.
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TON price fell over 10% intraday after news of Telegram’s temporary restriction in India.
India reportedly restricted Telegram access until June 22 and message editing until June 30.
TON has declined significantly from its early May high near $2.90.
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.
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.
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.
Right now, TON price remains under pressure as negative headlines collide with an already weakening market structure.
The token’s decline from May highs has continued into June, and additional selling pressure could emerge if sentiment around Telegram remains fragile. If bearish momentum persists, traders may increasingly focus on the $1.20 support area as a key level to watch through the remainder of the month.
For now, TON price is trading in a market where headlines seem to be moving faster than fundamentals.
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