Telegram was temporarily removed from Apple’s App Store on August 4 after violating content guidelines regarding non-consensual media involving children, triggering a panic sell-off of GRAM. The altcoin crashed to $1.29, its lowest level since late April. GRAM derivatives volume surged 490% to $123.27 million while the Long/Short Ratio dropped to 0.97, reflecting dominant bearish sentiment. The RSI fell to 38, confirming sellers had taken control, but GRAM bounced back to $1.38 after the app was restored, suggesting the downside may be short-lived.
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