📉 Bearish
TON price doubles after Telegram made a move critics say cuts against crypto’s core promise
Summary
Toncoin (TON) surged from roughly $1.32 on May 1 to an intraday high of $2.90 by May 7, pushing its market cap to approximately $7.8 billion. The catalyst was Pavel Durov's announcement that Telegram would replace the TON Foundation as the network's primary driving force and become its largest validator within two to three weeks. […] The post TON price doubles after Telegram made a move critics say cuts against crypto’s core promise appeared first on CryptoSlate.
Original article published on
This article summarises third-party news content. Blokaro is not the original publisher. We link directly to the source and make no editorial claims about this article's content. Not financial advice. Report an issue →