🚀 Toncoin Surges Over 13% Following Binance Listing🚀
Layer-1 blockchain The Open Network (TON) is making waves, surging by over 13% in just 24 hours! 🌊
Currently trading at $6.22, up from $5.44 yesterday, TON is gaining significant traction thanks to a recent listing on Binance, the world's largest crypto exchange by volume.
🔍 Why the Hype?
Binance has tagged TON as a "seed" token, indicating its potential for high volatility. To manage risks, users holding such assets must pass quizzes every 90 days to stay informed.
📜 Backstory
Originally developed by Telegram as the Telegram Open Network, TON was handed over to an open-source community after Telegram’s legal issues with the SEC in 2020. Despite the split, TON is still integrated within Telegram, allowing its 700 million users to send crypto seamlessly.
💡 Pantera Capital’s Bet
Pantera Capital recently invested in TON, drawn by its deep integration with Telegram’s fast and secure platform, which boasts over 900 million monthly active users**. They believe TON has the potential to bring crypto to the masses and grow into one of the largest networks.
TON’s surge is just the beginning—stay tuned as this ecosystem evolves! 🌐
