Toncoin ($TON ) is finding some support around ~10% above/below 3.00. The price is almost 60% from the levels it had in 2024 Q4, before its bearish trend started in January.

Market metrics show ~7-8% weekly price gain despite 90% of holders are at a loss.

In 2025, small retracements along the way were due to Telegram integration and partnership announcements, all of which sparked a series of shortlived bullish momentums that failed to restore its price to anywhere near the 7-8 levels (the current top).

Scandals associated with #Telegram obviously had a negative impact in the price of its token.

Network outages, unconfirmed partnerships have depressed market sentiment.

Last week, its price jumped to 3.5 (+20%) within a week driven by speculation.

Capital influx caused by the news came mostly from traders who speculated (as usual) that a partnership with #xAI would materialize ($300M Telegram-xAI deal for AI integration rumors were denied by Elon Musk).

In spite all this, something positive can be derived. Pessimism have deflated the price, which makes them attractive to anyone waiting for an entry since its release.

It potential is undeniable, but it is not currently a reality.

How low is too low? nobody knows. What we do know is that is near it all time lows.