Toncoin Price Jumps 17% As Tether Widens Payment Choices On Telegram’s TON Ne...
Tether, the company behind the largest stablecoin in the market, USDT, has made a significant expansion move that has propelled the Toncoin price, the native token of The Open Network (TON), by 17% in the past 24 hours. Tether Expands Reach To 15 Blockchains On Friday, Tether announced the launch of its USDT dollar-pegged token and Tether Gold (XAUT), a gold-backed digital token, on The Open Network. This development marks a significant move for Tether, expanding its presence to 15 blockchains. The integration of TON with Telegram, which boasts over 900 million global users, is expected....
Related News
The development of Toncoin, designed to work in conjunction with the Telegram messaging app, has been one for the books. TON, which stands for “The Open Network,” got its own @wallet bot on Telegram’s open WebApps platform back in April, enabling users to transact Toncoin from within the messaging app. The revolutionary development has since then witnessed growth in terms of usage and transaction volumes. This time around, with a significant upgrade, a group of independent TON developers have taken it another step further by launching a fully-fledged cryptocurrency wallet inside the....
Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network (TON) Foundation. In addition to the toncoin support, users can also purchase bitcoin via the software’s bot system.
TON Foundation Reveals Telegram Toncoin Support, Users Can Purchase Bitcoin via Bot
The ability to send and receive cryptocurrency using Telegram is now possible using the TON Foundation’s toncoin. Sending digital currencies via third-party applications tethered to Telegram was possible before.
However,....
Over the past 24 hours, the majority of the crypto market has been moving slowly, with the premier cryptocurrency Bitcoin falling below the $26,000 mark again. Toncoin, on the other hand, continues to defy the current market conditions, registering a significant price climb in the past day. The TON price experienced a substantial increase on the first day of September, which is consistent with its overall trend in August. TON Soars By 11% In A Single Day Toncoin currently leads the altcoin market as one of the top gainers following an 11% price rise in the past 24 hours. In the same....
Toncoin, of the TON network, has captured the attention of the cryptocurrency community as its Total Value Locked (TVL) surpasses a staggering $148 million, marking a historic milestone. This meteoric rise, reported by DefiLlama, showcases an almost threefold increase in just one month and a jaw-dropping tenfold surge over the course of a year. As of the latest update, TON’s TVL stands firm at slightly over $146 million, underscoring its growing prominence in the decentralized finance (DeFi) landscape. Related Reading: All Quiet On The Bitcoin ETF Front – Should You Be Paranoid?....
In the rapidly evolving world of cryptocurrencies, Toncoin (TON) has recently emerged as a focal point of discussion due to its notable price surge of over 8% within the past week. This increase has ignited renewed interest in cryptocurrency and sparked inquiries regarding the coin’s potential for sustained growth in the foreseeable future. At the time of writing, Toncoin (TON) boasts an impressive price of $1.46, securing its position as the 14th largest cryptocurrency by market capitalization, around $5 billion USD. Related Reading: This Ethereum Metric Has Sparked Centralization....