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$TON plummeted 6% on the 6th due to a misunderstanding regarding the UAE "Golden Visa"

$TON experienced a roller coaster ride! The cause was the claim from The Open Network project team: as long as you stake $100,000 worth of $TON for three years, you can apply for the UAE "Golden Visa". Upon hearing the news, TON surged by 10%.

However, the three major regulatory agencies in the UAE quickly united to debunk the rumor: this is simply not true! They clearly stated:

1. Golden Visas will not be issued to cryptocurrency holders.

2. There is no relation between cryptocurrency investment and eligibility for the Golden Visa.

3. Remind everyone not to believe in rumors and to look for official news.

This bucket of cold water from the regulatory agencies caused TON to immediately fall from its peak, plummeting 6%. #ton