Before the BTC decline started on June 6th, the TON Coin price surged to a peak of $7.54 in 2024. This upward trend can be attributed to the backing of NOT Coin and the potential long-term advantages that Telegram could bring to the project. Although investors have valid reasons for their optimism, it is crucial to acknowledge the risks associated with a large portion of the supply being held in a small number of wallets, as we have emphasized in the past. Stay updated on the latest technology news by visiting NEWSLINKER.