TON Crypto Price Strengthens After Pavel Durov Gets Community Support

Bittime - The arrest of Pavel Durov in France triggered a decline in the price of Toncoin by 18.58%, although in the last 24 hours it rose 5.3% to $5.38. Community support through petitions and speculation against President Macron adds to the uncertainty in the crypto market.

TON Crypto Price Strengthens

Amidst the uncertainty regarding Pavel Durov's arrest in France a few days ago, TON was the company that suffered the most losses. In the past week, the coin has dropped more than 18.58%, dropping to as low as $5.09.

Toncoin price has returned to $5.38, up 5.3 percent in the last 24 hours. However, trading volume still fell 32.52 percent to $678,732,251, with on-chain recovery visible.

Pavel Durov Gets Community Support

Public reaction to Durov's arrest was mixed. Notably, the situation changed when people started collecting signatures for a petition for Durov's release. 

The movement "Free Durov and Defend Free Speech" has collected 1,189,070 signatures, surpassing the target of 5 million signatures. 

Because it strengthens the broader Telegram ecosystem, this demonstration of solidarity is especially important for the digital asset.

Read Also: Catizen Telegram Collaborates with Elliptic, This is the Goal!

Pavel Durov's Arrest Reminds President Emmanuel Macron

Undoubtedly, the arrest of the Telegram Founder has sparked worldwide demonstrations from the tech industry. 

New reports raise attention to President Emmanuel Macron, although the reasons for his arrest remain unknown.

Many People Speculate About Durov

According to many, this suggests that Durov may have been lured to the country, which is a typical example of betrayal. 

The leader of the Les Patriots Party, Florian Philippot, accused Macron of fraud, although this claim was not supported by official sources.

Conclusion

Although the arrest of Pavel Durov in France has caused uncertainty and a drop in the price of Toncoin, the community has shown great support through solidarity movements and petitions that collected more than one million signatures. 

Although Toncoin price recovered slightly in the last 24 hours, trading volume is still low. In addition, Durov's arrest sparked much speculation and commentary, including accusations of treason against President Emmanuel Macron.

Although there is no official evidence to support these accusations. The technology industry and crypto community continue to pay attention to this uncertainty.

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