The Toncoin (TON) token suffered a strong setback after the authorities of the United Arab Emirates (UAE) denied a rumor linking it to a golden visa program.
📈 The rumor that skyrocketed the price
Last weekend, the message circulated that betting $100,000 on TON for three years and paying a fee of $35,000 could yield a 10-year golden visa in the UAE. The rumor was amplified by crypto influencers and reposted by Pavel Durov, CEO of Telegram (criptotendencia.com, onesafe.io).
📉 Official denial and abrupt correction
The Emirates News Agency, along with several regulatory bodies in the UAE, categorically denied this connection between staking and visa. The price, which had reached $3.03, fell nearly 6%, settling around $2.84 (es.cointelegraph.com).
📌 Impact on market perception
Speculative rise driven solely by a rumor.
Violent backlash after the official denial.
Reinforcement of the role that official news and regulation play in the credibility of the crypto ecosystem.
🧭 Key lessons
Always verify with official sources: we believe that a solid project can back up any claim.
Influence of public figures: a single tweet can move millions, but its reverse can generate quick losses.
Volatility of the speculative market: Toncoin marked a 10% surge followed by a 6% drop in a matter of days.
🔍 What’s next for Toncoin?
The TON network remains active, but still shows vulnerability to false news.
In its trajectory, TON has crossed historical highs of $8.24 and phases of correction in 2025 (es.wikipedia.org, criptonoticias.com).
Despite this, there are optimistic projections for the year-end, with values between $6 and $9 (gate.com).
✅ Conclusion
The episode of Toncoin and the golden visa reinforces a reality of the crypto world: credibility is everything. Before investing or promoting a token, it is essential that its fundamentals and announcements come from reliable sources. Media noise can inflate the price, but it can also quickly deflate it.
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