TON Coin Plummets Following Elon Musk’s Denial of Telegram Deal

The cryptocurrency market experienced a dramatic rollercoaster ride following news surrounding the potential integration of Grok chatbot on Telegram. The Open Network (TON), closely linked to Telegram, witnessed significant price fluctuations after initial reports highlighted an impending partnership with xAI, Elon Musk’s AI company. Blockchain-based cryptocurrencies are known for their volatile nature, often reacting swiftly to developments involving influential figures and technological advancements.