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GARM, the token formerly known as TON, dropped more than 5% in a short period, trading at $1.33 on OKX, according to exchange data. The move comes after reports that Telegram has been removed from Apple's iOS App Store.
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Telegram is widely used across crypto communities for trading groups, project announcements, and peer-to-peer communication. News of its absence from the App Store quickly drew attention, as it raised fresh uncertainty about the app's availability on one of the most common mobile platforms.
GARM is closely associated with the Telegram ecosystem, so sentiment around the messaging platform tends to spill over into the token's intraday price action. The latest drop reflects how quickly market participants react to headlines involving Telegram's distribution or regulatory standing.
Traders are now watching for further updates around the App Store removal. A prolonged absence could heighten concern, while a quick return would likely ease pressure. For short-term speculators, the situation highlights elevated volatility risk around Telegram-linked assets.
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Liquidity conditions on exchanges may remain thin during sharp moves, amplifying price swings. As the story develops, GARM's price could continue to react sharply to any new information about Telegram's status on Apple devices.
