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Following is a brand new entry in the list of top 10 crypto currencies by market capital. Toncoin‘s recent surge—and it’s flipped Cardano In the process.
According to the data of the website, The Open Network (TON) is the 10th-most valuable cryptocurrency on the planet. CoinGeckoJumping 12% in one day,. current price of $6.65. This is also an increase of 32% for the past seven days and 132% over the previous month.
TON jumped to a brand new high on Tuesday, reaching $7.06. Cardano has been pushed out of the Top 10 by the growth of Telegram’s network.
CoinGecko says that TON is now the 10th largest cryptocurrency with a value of $23 Billion. Cardano came in 11th place at just under $21 Billion. Cardano’s price is currently $0.60, down about 2.1% for the day.
Telegram, the messaging giant that founded the Open Network in 2018, originally called the Telegram Open Network. abandoned the project The United States Securities and Exchange Commission has been examining the market closely.
Telegram did not officially get involved with the building of this network. Telegram slowly began to embrace the network once again. This may be what has been fueling its rapid growth in recent months.
Self-custody TON wallet was launched for Telegram last fallTelegram then announced that in February it would discontinue the service. share half of ad revenue with channel owners—and pay it out exclusively in TON. Telegram announced last week that it will exclusively pay channel owners in TON. accept payments for advertising Even TON is included.
There are also buzzy events happening in the network. Telegram-based game Notcoin The game has accumulated 35 million users in the past few months. launching its NOT token Users will be rewarded by the chain around or on April 20. The TON Foundation has also announced a recent announcement. $115 million rewards and incentives push Attract users to your network.
The TON Foundation announced Tuesday it had partnered with HumanCode – a startup that provides palm-based security verification – to promote the use of its “proof of personhood” Protocol by offering 1 million TON Incentives are worth (currently) about $6.5 million.
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