🚨BREAKING NEWS🚨
Golden Visa Dream Turns Nightmare: UAE Rejects TON Deal, Toncoin Tanks
🚫 UAE shuts down TON Foundation’s golden visa offer!
TON CEO Max Crown promised a 10-year UAE golden visa for staking $100K worth of $TON, plus a $35K fee — but top UAE authorities (ICP, SCA, VARA) swiftly denied any such agreement.
📉 After briefly touching $3, Toncoin (TON) closed at $2.83 on Sunday with a 3.31% gain — only to reverse as reality hit.
TON is now under pressure, failing to break a key 7-month resistance line. If $2.73 support breaks, next stop could be $2.52 — 2025’s lowest close.
😬 Derivatives market loses steam as trader interest cools. Long/short ratio sees volatility but upside looks limited short term.
📉 Golden Visa hopes crushed — and with it, TON’s short-term momentum.
