Bullish
GARM Price Drops Over 5% to $1.33 Amid iOS Removal
2026-08-04 09:24
GARM trades at $1.33 after a sharp 5% decline, coinciding with the removal of Telegram from the Apple iOS App Store.
Woofun AI reports that GARM, formerly known as TON, experienced a price decline exceeding 5% in a brief window, settling at $1.33.
Concurrently, Telegram has been removed from the Apple iOS app store.
WOOFUN AI
Impact Assessment · Quick Read
The correlation between GARM's price drop and Telegram's removal from the iOS App Store highlights the asset's sensitivity to platform accessibility risks. Such regulatory or platform-level actions can trigger immediate liquidity shocks for ecosystem tokens. Investors may monitor whether this removal is temporary or permanent, as prolonged unavailability could dampen user adoption and network activity.
Generated by WOOFUN AI · For reference only, not investment advice
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