On June 6, prior to the BTC downtrend, the price of TON Coin reached a peak level of $7.54 in 2024. This upward trend was attributed to the backing of NOT Coin and the potential long-term advantages that Telegram could offer to the project. Although investors’ enthusiasm is understandable, it is important not to overlook the risks associated with a significant portion of the supply being held by a limited number of wallets, as we have previously highlighted. Stay updated on the latest technology news by visiting NEWSLINKER.
