Toncoin soars 30% as TON meme tokens explode on Telegram takeover news
Crypto Briefing
Toncoin surged 30% following Pavel Durov's announcement that Telegram will become the primary driving force behind the TON network.Summary
Toncoin's value increased by over 30% after Telegram founder Pavel Durov announced that the company would become the primary validator and technical lead for the TON network. This shift includes plans for a revamped website and significant performance upgrades expected within weeks.
Following the news, the TON-based meme coin ecosystem experienced a massive rally. Notable tokens such as Dogs and Notcoin saw significant price increases, while smaller-cap assets like Morfey and Resistance Duck recorded triple-digit growth. Despite these gains, many of these tokens remain significantly down from their all-time highs.
(Source：Crypto Briefing)