The recent Nasdaq warning sent shockwaves through the Toncoin (TON) market, leading to a significant 10% plunge in its value. But what exactly happened, and could this be an opportunity in disguise for investors?
The Nasdaq Warning: What Went Wrong
Institutional investors have increasingly turned to Toncoin as a treasury asset, proving the token’s growing appeal in the crypto space. One major investor, TON Strategy Co., recently found itself in hot water over regulatory compliance issues. According to Nasdaq, the company purchased Toncoin using funds they raised through a private investment in public equity (PIPE) – raising $558 million in August 2025. However, they failed to obtain the essential shareholder approvals for these actions.
Despite this, Nasdaq concluded that TON Strategy had not intentionally avoided compliance, leading to a warning letter instead of the typical delisting decision. Still, the news triggered defensive trading behaviors, creating a ripple effect in the market and sparking fears among investors.
Market Impact: How Investors Reacted
The uncertainty surrounding TON Strategy’s actions led to panic selling. Key indicators like Spot Taker CVD turned red, while Spot Netflow spiked, signaling that investors were sending their tokens to exchanges in preparation to sell. This bearish sentiment caused Toncoin’s value to drop from above $2.00 to $1.918, breaking critical support levels.
Technical indicators reflected this negative momentum. The Relative Strength Index (RSI) fell to 33, nearing oversold territory, while Sequential Pattern Strength slipped to –13, showing clear dominance by sellers. These metrics suggest that Toncoin could be in for further downside, eyeing $1.80 or even $1.60 as potential support levels.
Is There Hope for a Rebound?
Despite the bearish outlook, there’s still a possibility of a recovery. A bounce back above $2.00 could renew bullish momentum and push the token toward its next target of $2.30. Investors looking to take advantage of the decline might find this as a potential entry point, though caution is advised under current market conditions.
For those keeping an eye on Toncoin, maintaining a well-researched approach is vital. Staying updated with credible data sources, such as TradingView, and monitoring technical indicators can provide actionable insights.
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Disclaimer: Investing in cryptocurrencies carries inherent risks. Please conduct thorough research and consult with financial experts before making any investment decisions.
