How Nasdaq’s Warning Turned Toncoin Into a Melancholy Drama 🎭

Key Takeaways

Why did Toncoin descend into despair today?

The hollow voice of Nasdaq echoed through the corridors of the market, igniting a fire of panic among investors. Spot Taker CVD turned as red as a sunset in Siberia, while Netflow swelled, reaching a staggering $2.47 million-confirming that the exchange inflows were heavier than a burdened soul carrying guilt across icy plains. Oh, the tragedy of greed and fear intertwined.

What levels now haunt the forlorn Toncoin?

Should the price climb back above $2, a glimmer of hope may resurface, lifting TON toward $2.30-perhaps a salvation, perhaps another mirage. Yet, beware the shadow at $1.80, the major support that serves as a reminder that even in wealth, despair lurks beneath.

As is usual in this sorrowful tale of 2025, Toncoin [TON] has been hunted by the insatiable appetites of institutional investors-those cold, calculating specters. Among them stands TON Strategy Co., fiercely hoarding Toncoin as if clutching a dying ember, their greed as relentless as the Russian winter.

Nasdaq’s ominous warning

And then, like a cruel magpie, Nasdaq delivered its verdict: TON Strategy Co. failed-failed to garner the approval of shareholders for their reckless acquisitions and secretive private stock gambles. The firm had attempted to raise funds through PIPEs-private investments, swift and shadowy, like whispers in a dark alley-selling $558 million in shares in August 2025 to buy Toncoin for the same amount. But the shareholders, those watchful guardians, refused to bless this folly, denying approval for both the PIPE and the purchase of $273 million worth of tokens.

Nasdaq, with a mix of disdain and mild curiosity, decided not to brandish the guillotine of delisting. No, instead opting for a warning-a gentle nudging, perhaps, or a slap on the wrist. Even the regulators, after all, are imperfect in their cruelty.

The on-chain despair builds like an oppressive fog

Following the warning, traders abandoned hope and sold with desperation. The Spot Taker CVD turned a furious shade of red, extending a week of relentless selling-an ode to the trader’s despair. In stark contrast, Netflow turned positive, whispering that tokens were flowing out of holders’ hands and onto exchanges. At this moment, the Netflow rose to $2.47 million-the cold, hard proof of impending doom.

Such positive Netflow is often the herald of sorrow, signaling that the holders are preparing to part ways with their beloved tokens-another chapter in this tragic saga. Past spikes have only accelerated this downward spiral, as if the market itself mourns the loss.

The Price – A Mortal Wound or merely a Step Towards Redemption?

Predictably, the threat issued by Nasdaq plunged investor sentiment into chaos. The sell-off was brutal, stripping nearly 10% from Toncoin’s value-breaking the sacred $2 level, plunging to a forlorn $1.918. The bearish shadows had cast their pall over the crypto hearth.

The RSI, that merciless oracle, sank to 33-approaching the abyss of oversold, whispering of potential capitulation. Sequential Pattern Strength plummeted to -13-markedly confirming the dominion of despair. The outlook? If darkness persists, the price may test the howling $1.80, with the mighty $1.60 serving as a fortress of support.

Yet, in this theater of gloom, hope flickers. Should the bulls muster courage and trample the shadows, a rebound above $2.00 might rekindle the flame, opening the pathway to $2.30-the distant dream of salvation.

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2025-11-05 05:15