TON Token Falls Following Musk’s Denial of Telegram Deal

A deal to integrate xAI's Grok AI into Telegram has not been signed, leading to downward pressure on the price of TON.

  • Elon Musk confirmed via a tweet that no agreement exists.
  • Following this announcement, TON dropped from $3.60 to $3.40.
  • Prior to the tweet, TON had gained 14% during the day.