TON Foundation
Coverage of TON Foundation in the Nexus archive.
- The 69% Trade: Telegram's TON Takeover and the Price of Mass Adoption
Telegram's CEO Pavel Durov announced that Telegram would replace the independent TON Foundation as the driving force behind The Open Network blockchain, resulting in a 69% surge in Toncoin's price. This move brings TON back in-house and ties Telegram's business model to TON. The market is celebrating with trading volume exceeding $1.8 billion.
- Why Ton Coin is pumping and why traders should be careful
Ton Coin is experiencing a rapid bullish movement due to recent updates involving Telegram, with potential profits for investors, but traders are advised to be cautious as the momentum may not last long. The update has positively affected other coins within the ecosystem. Investors could have made a $650 profit from a $1k investment.
- Telegram Replaces TON Foundation as TON's Largest Validator, Token Surges
Telegram is taking direct control of The Open Network, replacing the TON Foundation as the largest validator, and has significantly slashed fees, resulting in a surge in Toncoin's value. This move gives Telegram more control over the network's development and upgrades. Trading interest has increased, with decent volume on platforms like Bitget.
- Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees
Toncoin's value surges 36% after Telegram replaces TON Foundation and reduces fees. This change is expected to have a significant impact on Toncoin's ecosystem. The reduction in fees aims to increase user engagement and transactions.
- Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees
Toncoin's value surged 36% after Telegram replaced TON Foundation and reduced fees. This change is expected to positively impact Toncoin. The move aims to improve the cryptocurrency's overall performance.
- TON Surges 36% as Telegram ‘Replaces’ TON Foundation
Toncoin's value has surged 36% after Pavel Durov announced plans to reduce fees to near-zero, resulting in significant gains for TON meme coins. The move is part of Telegram's efforts to replace the TON Foundation. Toncoin and related assets have seen gains of up to 150%.