# 标签：$TON

Major Negative News Hits ❗ TON Core Foundation Completely Unstable
The current token price is quoted at $2.04, with significant downside risk lurking
Key data shows a cliff-like change, with monthly active users on the Telegram platform dropping from a peak of 900 million to now 850 million, marking the first shrinkage in user base.
Events related to the founder continue to ferment, coupled with tightening regulations in multiple countries, significantly constraining platform development.
Meanwhile, the TON ecosystem weakens in tandem, on-chain mini-programs see a sharp decline in popu