Open Network Layer-1 Blockchain (TONAfter receiving a sudden boost from the biggest crypto exchange on earth,, soared more than 13 percent in just 24 hours.
Toncoin was trading for $6.22 as of the time this article is written, up from its previous price of $5.44.
Binance has announced a major announcement. listing TON is tagged with a “seed tag” that the platform uses to identify tokens which have a higher volatility potential. Users who own To ensure that they understand the risks, all assets with tags have to take a 90-day quiz.
TON is a project that was originally created by Telegram, an encrypted messaging app. It used to be called Telegram Open Network. Telegram dropped the project after a long legal fight with the U.S. Securities and Exchange Commission.
Open Network is a network that allows anyone to join.source The community of developers assumed management of the technology in that year. Telegram users can send TONs within Telegram without having to enter long wallet addresses.
Pantera Capital launched its crypto asset-management firm earlier this year. invested In TON. The company’s success was driven by its connection with Telegram. decision According to Ryan Barney of Pantera, it is important to invest capital in the project.
We believe that TON can introduce cryptography to the mass market because Telegram uses it extensively.
Telegram is a messaging app that has over 900,000,000 monthly users. It’s a fast and secure platform for group and personal communications.
“We believe that TON will be one of the biggest crypto networks by leveraging Telegram’s huge user base with its seamless UX, and the vibrancy in TON’s new ecosystem.”
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