🚨$TON USDT – HYPE, HOPE… AND A REALITY CHECK!
GOLDEN VISA RUMORS FUEL SPIKE – CZ CALLS OUT MISLEADING CLAIMS
📌 WHAT HAPPENED?
News spread that staking $100K worth of $TON plus a $35K fee could earn a UAE Golden Visa. Price surged 10% — but the TON Foundation later denied the claims, calling it "research."
⏱️ EVENT TIMELINE
🔹 Hype Hits: Rumors trigger FOMO, price jumps from $2.75 to $3.05.
🔹 Denial Drops: CEO Max Crown apologizes: “It was only research.”
🔹 CZ Responds: “This misleads the market. Full details should’ve come first.”
📉 PRICE ACTION
Stage Price Change
Before News $2.75 —
Post-Rumor Peak $3.05 +10.9%
After Denial $2.78 -8.8%
⚠️ WHY IT MATTERS
– Projects must communicate responsibly
– Transparency is critical for trust
– Speculative news invites regulatory heat
📌 FINAL WORD
This incident shows how quickly hype can turn into backlash. In a maturing market, clear, honest communication must lead the way.