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Toncoin Surges 36% as Telegram Assumes TON Foundation Role

CryptoFrontier
Price VolatilityPartnerships & EcosystemMarket Analysis
TON4.14%

Toncoin experienced a 36% surge as Telegram took over leadership of the TON ecosystem from the TON Foundation and implemented fee reductions, according to the announcement.

Ecosystem Repositioning

The market is repricing TON as a Telegram-led ecosystem rather than viewing it primarily as a foundation-run chain with a messaging application narrative, according to the statement.

View Source
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Comment
0/400
Omekamonivip
· 05-06 18:13
Ape In 🚀
Reply0
Omekamonivip
· 05-06 18:13
Ape In 🚀
Reply0
Omekamonivip
· 05-06 18:13
Ape In 🚀
Reply0
BridgeHopstervip
· 05-06 15:25
Will developers come back now that the fees have decreased? That’s the key.
View OriginalReply0
NonceNinjavip
· 05-05 15:46
Taking control + reducing fees simultaneously, Pavel's move is quite aggressive.
View OriginalReply0
TheLiquidationLampInMistyvip
· 05-05 14:38
It used to be called the TON Foundation Chain, now it's called the Telegram Chain, and the valuation models are all different.
View OriginalReply0
FoldedCosmosCatvip
· 05-05 14:31
Ecosystem re-pricing, the market has finally accepted this logic.
View OriginalReply0
RiskParachutevip
· 05-05 14:30
TG personally stepped in; this 36% increase is justified.
View OriginalReply0
FudAlsoNeedsAnImagevip
· 05-05 14:28
Taking over from the foundation, Telegram finally treats TON like its own child.
View OriginalReply0
TheCandlestickChartLooksLikeAnvip
· 05-05 14:24
36% is just the beginning; wait until the Telegram wallet is fully integrated to see.
View OriginalReply0
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