Telegram to integrate TON blockchain, boosting Toncoin and bringing crypto to 800M users

Telegram endorses TON blockchain, will integrate it into messaging app
TON's token Toncoin surged 6.5% on news
TON wallet being integrated into Telegram, available to 800M users
TON Space self-custodial wallet rolling out outside US
Telegram focusing on messaging, not getting into Web3 but sees its value

coindesk.com

Relevant topic timeline:

9/17/2023

Telegram Integration Sends Toncoin Price Soaring 70% as Crypto Aims to Rival Bitcoin

The toncoin cryptocurrency has surged 70% in the past month, reaching a market capitalization of $8 billion, after being integrated into the Telegram messaging app and gaining access to its 800 million users.

9/20/2023

Toncoin Briefly Surpasses Dogecoin as 9th Largest Crypto as Telegram Wallet Launch Fuels 30% Weekly Surge

TON, the native cryptocurrency of The Open Network, has become the 10th largest digital asset by market cap and briefly surpassed Dogecoin as the ninth largest cryptocurrency after a self-custodial digital wallet launched on Telegram, with TON being the best-performing asset in the top 100 cryptocurrencies in the past week, trading at $2.45.

10/4/2023

MEXC Partners with TON Blockchain on Multi-Million Dollar Deal to Boost Telegram's Web3 Adoption

The Open Network (TON), originally designed by Telegram, has received a significant investment from MEXC Ventures, with the aim of promoting global Web3 accessibility and increasing adoption of the Web3 ecosystem within the Telegram messenger.

10/6/2023

Toncoin Surges 4% After MEXC Ventures Invests 8 Figures to Support TON Ecosystem

Summary: Toncoin (TON) saw a 4% surge in value, outperforming other cryptocurrencies, after MEXC Ventures announced an eight-figure investment into the TON ecosystem, supporting various TON-based projects, and offering 0% trading fees for Toncoin.

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Posted 9/13/2023, 7:21:00 AM