Telegram Open Network has a low risk buy signal here, in both the weekly and monthly timeframes, right on the heels of the network achieving a milestone of having the fastest transactions across the board. (security is always a concern, but I keep an open mind)
Toncoin is a cryptocurrency that runs on the TON blockchain, which was originally created by Telegram founder Pavel Durov. However, Durov had to abandon the project in 2020 after facing legal issues with the US SEC, which claimed that the token sale of Grams (the former name of Toncoin) was illegal. Durov also warned people not to trust any projects that claimed to be associated with Telegram or TON.
Despite Durov’s exit, the TON community continued to develop and improve the technology, launching the TON Crystal network and the Toncoin token in May 2020. Toncoin has since become one of the most advanced and scalable blockchains in the world, setting a record for the fastest transaction speed and integrating with Telegram. Toncoin has also gained recognition from the Dubai Financial Services Authority, which granted it a license to operate in the region.
Toncoin is now one of the top 10 cryptocurrencies by market capitalization and has a large and loyal user base. Toncoin’s success shows that it is not dependent on any single person or entity, but rather on the collective vision and effort of the TON community, which aims to create a decentralized and open internet for everyone.
Best of luck!
Cheers,
Ivan Labrie.
Toncoin is a cryptocurrency that runs on the TON blockchain, which was originally created by Telegram founder Pavel Durov. However, Durov had to abandon the project in 2020 after facing legal issues with the US SEC, which claimed that the token sale of Grams (the former name of Toncoin) was illegal. Durov also warned people not to trust any projects that claimed to be associated with Telegram or TON.
Despite Durov’s exit, the TON community continued to develop and improve the technology, launching the TON Crystal network and the Toncoin token in May 2020. Toncoin has since become one of the most advanced and scalable blockchains in the world, setting a record for the fastest transaction speed and integrating with Telegram. Toncoin has also gained recognition from the Dubai Financial Services Authority, which granted it a license to operate in the region.
Toncoin is now one of the top 10 cryptocurrencies by market capitalization and has a large and loyal user base. Toncoin’s success shows that it is not dependent on any single person or entity, but rather on the collective vision and effort of the TON community, which aims to create a decentralized and open internet for everyone.
Best of luck!
Cheers,
Ivan Labrie.