GRAM Price Plunges to $1.36 Amid Global Crypto Selloff

The price of GRAM has dropped to $1.36 due to the global cryptocurrency selloff, but the token's medium-term potential remains strong thanks to continued activity on the TON network.

As investors move away from risk assets, digital currencies like Bitcoin and Ethereum are experiencing declines in value, leading to liquidity outflows from smaller altcoins such as GRAM.

The Federal Reserve's interest-rate decision and South Korea's KOSPI index have also contributed to market caution, causing GRAM to track the broader cryptocurrency market closely.

A decisive break below $1.43 would confirm a continuation of the correction and potentially lead to further losses towards $1.36.