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TON Tanks 20% as Musk Shoots Down Rumored xAI/Telegram Partnership

TON Tanks 20% as Musk Shoots Down Rumored xAI/Telegram Partnership

Author:
Coindesk
Published:
2025-05-28 21:48:28
18
2

TON Sinks After Elon Musk Denies xAI/Telegram Deal Was Signed

Elon Musk’s tweet denying a supposed deal between xAI and Telegram sent The Open Network’s token into freefall—proving once again that crypto markets move faster than a VC’s moral compass.

No formal announcement, no white paper, just a single billionaire’s offhand comment. Welcome to decentralized finance, where the ’fundamentals’ are whatever Elon had for breakfast.

|Square

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