Toncoin (TON) experienced a 5% price decline to $2.165 after TON Strategy faced a Nasdaq reprimand for a $272.7 million token purchase. The firm violated rules by not securing shareholder approval before issuing stock to fund the acquisition, as detailed in an SEC filing. This development led to a breach of key support levels, with trading volumes reaching 5.76 million tokens, 1.5 times the daily average. Despite a late-session recovery to $2.162, resistance at $2.19 capped further gains.