BTCC / BTCC Square / Global Cryptocurrency /
Toncoin (TON) Dips 5.5% After Musk Denies xAI Telegram Integration Rumors

Toncoin (TON) Dips 5.5% After Musk Denies xAI Telegram Integration Rumors

Published:
2025-05-28 21:56:41
18
2
[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -

Toncoin (TON), the native cryptocurrency of Telegram’s blockchain ecosystem, fell from $3.60 to $3.40 following Elon Musk’s clarification that no formal agreement exists to integrate xAI’s Grok chatbot. The denial erased a 14% intraday rally that was fueled by premature reports of a potential partnership.

Traders quickly adjusted positions after Musk’s Wednesday evening tweet contradicted earlier statements from Telegram’s founder Pavel Durov. This event highlights the crypto market’s heightened sensitivity to unconfirmed tech collaborations, especially those involving influential figures like Musk.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users