$TON On the brink of death
To the great sorrow of many hamster pokers, the L1 token on which this whole wonder worked is experiencing a severe crisis [I'm talking about TON]
Below I provide a screenshot of a message from one of the largest holders of TON.
Why is this happening?
- Large token unlocks (too large)
- Infinite issuance
- Price pressure from Durov himself (prohibition to accept anything other than stars in Telegram bots)
- Sharp decline in the number of active users
- Total scam
It could go on for a long time.
It is important to consider that makers are actively eliminating the majority, and simply shorting will not work