Toncoin May Test $1.80 Support Amid Nasdaq Warning and Sell Pressure
The post Toncoin May Test $1. 80 Support Amid Nasdaq Warning and Sell Pressure appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Toncoin experienced a sharp 9. 76% price drop to $1. 918 following a Nasdaq warning to TON Strategy Co. for failing to secure shareholder approval on a $558 million private stock sale used to acquire $273 million in TON tokens, triggering panic selling and increased exchange inflows. Nasdaq’s warning highlighted compliance issues with TON Strategy Co.’s unauthorized Toncoin purchases. On-chain data shows Spot Taker CVD turning negative and netflows reaching $2. 47 million, indicating rising sell pressure. Price indicators like RSI at 33 suggest oversold conditions, with key support at $1. 80 and potential rebound above $2. 00. Discover why Toncoin price dropped after Nasdaq warning to TON Strategy Co. Explore on-chain signals and key levels for traders in this 2025 crypto update. Stay informed on TON’s market reaction. What Caused the Recent Toncoin Price Drop? Toncoin, the native token of The Open Network, saw a significant decline amid regulatory scrutiny from Nasdaq directed at TON Strategy Co. The exchange issued a warning letter after the firm failed to obtain necessary shareholder approvals for a private investment in public equity (PIPE) transaction and subsequent. Continue reading Toncoin May Test $1.80 Support Amid Nasdaq Warning and Sell Pressure