According to Telegram CEO Pavel Durov, the social network has paid off a significant portion of its $2 billion debt and is profitable for the first time. It has also surpassed $1 billion in total revenue by 2024 and has over $500 million in cash and crypto reserves.
This is good news for the#TONcryptocurrency in the long run, which is holding at $5 per coin for now. I estimate that by 2025 this cryptocurrency can rise to $10 and surpass its all-time high of $8.