GRAM Price Drops After Telegram Vanishes From App Store

Panic hit the market today as GRAM fell to a price of $1.29. The sudden drop follows news that the Telegram app was temporarily removed from the Apple App Store after violating content guidelines. Traders reacted quickly to the uncertainty, leading to a wave of selling.

While the removal was only temporary, the news caused enough alarm to shake confidence in the short term. Investors often react to news involving core platforms, as any restriction on app availability can impact user growth and general sentiment for linked projects.

Market participants should keep an eye on how quickly the platform restores its standing with Apple. Stabilizing the situation is the primary factor for traders looking to see if the token can recover its lost ground or if the selling pressure will continue throughout the week.